13 Wis. colleges named to Forbes' Best College List for 2012
MADISON (WKOW) -- "Forbes" Magazine named over a dozen Wisconsin colleges to it's Best College List of 2012.
"Forbes" names the top 20 percent of all the U.S. undergraduate institutions in their list. The magazine recognizes the colleges for excellence in teaching and learning.
Lawrence University in Appleton topped the Wisconsin schools, being ranked 85th out of the 650 schools that made the list.
The other 12 that made the list include; St. Norbert College, UW-Madison, Marquette University, Beloit College, Wisconsin Lutheran College, Ripon College, Carthage College, Edgewood College, Carroll University, Cardinal Stitch University, Milwaukee School of Engineering, and UW-Milwaukee.
The "Forbes" rankings are prepared exclusively for the magazine by the Center for College Affordability and Productivity, a Washington D.C. think tank founded by Ohio University economist Richard Vedder.
"The rankings, focus on the things that matter the most to students; quality of teaching, great career prospects, high graduation rates and low-levels of debt," Michael Noer of "Forbes" said. "They do not attempt to assess a school's reputation, nor are they a measure of academic selectivity and we pointedly ignore any metrics that would encourage schools to engage in wasteful spending."
The rankings are based on five general categories. The first being post graduate success, which evaluates alumni pay and prominence. The second is student satisfaction, which includes professor evaluations and freshman to sophomore year retention rates. The third is debt, which penalizes schools for high student debt loads and default rates. The fourth is four year graduation rate and the last is competitive awards, which rewards schools whose students win prestigious scholarships and fellowships.