FREDERICK, Md.—Hood College was once again ranked as one of the country’s best and most affordable colleges by a national news magazine.
Hood ranked eighth in the "Great Schools, Great Prices" Regional Universities in the North category in the U.S. News & World Report's 2014 edition of America’s Best Colleges. Hood is also in the top tier and in the top third in the "Best Regional Universities" category, among the schools in the northern region.
"We are pleased to be recognized once again at the national level for Hood’s great value and academic rigor—what we call 'affordable excellence,'" said President Ronald J. Volpe. "We work hard at providing the very best academic experience for our students. We also do our utmost to assist students and their families afford Hood through generous merit and need-based aid."
Hood has consistently scored high in the nearly three decades the magazine has been publishing the rankings. The annual rankings of more than 1,800 colleges and universities in the U.S. take into consideration many factors, including student retention and graduation rates, student selectivity, faculty resources, alumni giving rates, reputation among peer schools and financial resources.
Hood was ranked eighth out of 17 fully accredited, four-year not-for-profit colleges and universities in Maryland by Affordable Colleges Online, a higher education options resource for prospective students and their parents.
Hood is consistently ranked as a "Best Value" in Kiplinger's Personal Finance; and one of the "Best Northeastern Colleges" and "America's Best Values" in the Princeton Review.
Net tuition prices, graduates' average starting salaries and return on investment calculations were factors considered by ACO when determining which schools offered a high quality education and consistent, long-term payoffs in the workplace. Graduates from these schools enjoy the largest earnings gap between nondegree holders during a 30-year span.
ACO compiled a list of schools using data from highly respected organizations, including National Center for Education Statistics, the primary federal entity for collecting and analyzing data related to education; the Integrated Postsecondary Education Data System, the primary federal source for data on postsecondary schools in the United States; Carnegie Classification, a framework widely used in the study of higher education; and Payscale.com, the premier salary data collection organization.