According to a recent Huffington Post article, Penn State received a daunting number two ranking in The Princeton Review’s College Rankings of “Financial Aid Not So Great.” This ranking puts Penn State just behind New York University (#1) and in front of the University of Maryland (#3). Penn State is also one of three Pennsylvania universities that make the top ten on this list, including Duquesne University (#6) and Villanova University (#8).
At a school where roughly 71% of the undergraduate students receive financial aid, 65% of undergrads still borrow through loan programs. In state tuition is $15,562 while out of state tuition is set at $27,864. With an average loan debt of $33,530 per graduate, the Princeton Review gave Penn State a financial aid rating 65/100. Shout out to Governor Tom Corbett for cutting our state appropriations in half.
Everyone knows Penn Staters love their rankings. From the number one student section, to the highest ranked college for corporate recruiters, and yes, even the best school newspaper, Penn State always seems to have something to brag about. This one, however, isn’t one you’ll want to post on your friend from Pitt’s Facebook wall to rub it in that he didn’t get accepted to main campus.