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July 18: Hood ranked high for affordability

Thursday, July 18, 2013

FREDERICK, Md.—A leading resource for college affordability and financial aid information named Hood College one of the most affordable colleges in Maryland and one with the greatest lifetime return on investment.

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 in U.S. News & World Report’s America’s Best Colleges in the University-Master’s category; 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, the premier salary data collection organization.