Caltech Ranked as the Best Value Among Private Universities

For the third year in a row, Kiplinger's Personal Finance magazine has ranked Caltech as the best value among private universities in the United States. According to an article in the February issue, "A tiny institution that has the highest percentage of incoming freshmen with 700-plus SAT scores on the Kiplinger 100, Caltech boasts one of the world's top programs in science and technology. Its three-to-one student-faculty ratio gives Caltech students serious face time with a faculty that includes five Nobel Prize winners." The Institute is also commended for its shift to mostly need-based financial aid by reducing the amount of merit aid it offers and replacing loans with grants for families earning $60,000 or less.