Purdue University has been recognized as the Best Value University in Indiana and one of the best in the nation by SmartAsset, an online financial advisor and financial services portal. This accolade reflects Purdue’s commitment to providing a high-quality education with exceptional value.
SmartAsset’s annual rankings determine the colleges and universities that offer the best value to students. In this latest ranking, Purdue has named the top value in Indiana, ranked second in the Big Ten, sixth among public universities in the United States, and fifteenth among all institutions nationwide. The rankings take into account various financial factors, including starting salary, tuition, student living expenses, student retention rate, and scholarships awarded.
Purdue President Mung Chiang highlighted the university’s dedication to excellence and affordability, noting that Purdue has frozen tuition through the 2024-25 school year, demonstrating its commitment to providing outstanding educational value.
SmartAsset’s methodology gave Purdue an overall College Education Value score of 86.80 out of 100, with high marks for student retention rate (91%, compared to the national average of 70%) and starting salary ($66,500, compared to the national average of $53,663). Purdue’s value score exceeded that of many prestigious institutions, including the University of California, Berkeley; Harvard University; the University of Texas at Austin; and UCLA.
Purdue’s consistent focus on excellence at scale has contributed to its success, with the university continuing to attract a record number of undergraduate applicants and earning recognition in various national and international rankings.
The recognition from SmartAsset adds to Purdue’s recent achievements, including its high rankings in U.S. News & World Report’s 2024 Best College rankings, its placement in the QS World University Rankings, and its recognition as one of the World’s Most Innovative Companies by Fast Company magazine.
Purdue University remains committed to providing a high-quality education that is accessible and affordable for students.