Tech Ranks No. 1 in Public Universities and No. 2 Overall in Tennessee in Best Value Colleges
Tennessee Tech ranked first among public universities in Tennessee in a recent best value study. Students at Tech have access to academic tools such as the Bloomberg Terminal learning space in the College of Business which gives students access to global financial and economic data and is perfectly designed for small group collaboration and interactive teaching.
When it comes to providing a quality education at a great price, Tennessee Tech students get their money’s worth. At least that’s what a recent study shows.
Tech ranked first in public universities and second overall in Tennessee in the SmartAsset Best Value Colleges study for 2017.
“This is another example of our commitment to provide the best education at an affordable cost for our students,” said Tech president Phil Oldham. “This study is a tribute to everyone on campus who is dedicated to providing the best student experience possible.”
As a result of its performance in categories including scholarships provided, starting salary, tuition, living costs, and retention rates, Tech ranked second to Vanderbilt University, while ranking ahead of Christian Brothers University, University of Tennessee-Knoxville, University of Memphis, Trevecca Nazarene University, Tennessee State University, University of Tennessee-Martin, Carson-Newman University and Middle Tennessee State University.
According to the study, Tech awards an average of $8,108 in scholarships and grants while in-state tuition is $7,679. Student living costs are $15,900 and the average starting salary is $53,800. The student retention rate is 75 percent.
Tech had an index (53.37) less than seven points behind Vanderbilt (60.75) while Tech’s average starting salary was just $4,100 less than Vandy ($57,900).
“It is our vision that Tennessee Tech will be recognized as a leading technological university in the South, providing academic, economic and cultural leadership in the region,” said Oldham. “We want to produce practical, ready-to-work graduates from a broad range of academic disciplines who are prepared to excel in a technologically driven world.”
SmartAsset is a financial technology company that uses data to provide free, actionable advice on big financial decisions. Other topics the company addresses include home buying, renting, retirement, life insurance, taxes, student loans and investing.
For more information on the study, go to https://smartasset.com/student-loans/student-loan-calculator?year=2017#tennessee.
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