U.S. News is frequently asked about which universities atomic number 18 spending the most per disciple on education-related expenditures. We have developed an sole(a) new list showing the 25 tames in the slip byic Universities category that spend the most per savant, using our monetary resources rank indicator, to produce the highest educational quality as measured by their aspect in our 2013 Best Colleges rankings.
U.S. News measures financial resources by taking into account how much a school spends per student on instruction, research, student services and related educational expenditures. That financial resources category has a 10 percent weight in the Best Colleges rankings methodology.
The new list below is based on the concept of operating efficiency, which U.S. News has defined as a school's 2011 fiscal year financial resources per student divided by its overall score. That overall score is the basis U.S. News utilize to determine a school's overall numerical rank in the 2013 Best Colleges rankings.
The new calculation shows how much each school is spending per student in relation to one point in its overall score and thus its numerical position in the Best Colleges rankings. Schools with higher average expenditures per student do better on that one factor in the rankings modeling than schools with lower average expenditures per student.
In former(a) words, U.S. News believes that financial resources do matter in terms of being sufficient to run students with a high-quality college experience. Universities that are strong financially are able to fund wide-ranging offerings in terms of courses, degree, facilities and services compared with schools that are weaker financially.
How should these results be interpreted? The list shows that high spending per student is not always correlated with the very highest rankings.
It's true that some(prenominal) of the schools on the list, including Harvard University, Yale University, Princeton University, Massachusetts Institute of Technology, Columbia University and the University of Chicago, are be in the blossom 10 of the topic Universities rankings. This means for these schools on that point is a strong correlation between being nuzzle the top of the spending per student list and achieving a top rank.
However, there are other schools on the list, such as Wake timberland University, Yeshiva University, the University of Rochester, University of atomic number 20—San Diego, the University of Miami and Case Western Reserve University, whose spending per student by overall score point was among the highest. But that all wasn't enough to put them at the very top of the National Universities rankings, since they didn't score high enough on some of the other factors used in the rankings methodology.
Only schools that were numerically ranked in the top half of the National Universities rankings category in the Best Colleges 2013 rankings were include in this analysis.
The table below shows the universities that spent the most per student as related to their overall rank. Note: A school's overall rank is partly based on a two-year average of expenditures per student; the financial resources figures displayed below reflect only the most recent year.
The financial resources data above are worsen as of March 28, 2013.
Corrected 03/28/13: A previous version of this post misreported the spending amount for Washington University of St. Louis.
Materials taken from US News
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