Value Varies Depending on Financial Circumstance
The overall price of a college may vary greatly depending on your individual circumstances, thus affecting its value.
Most students will not pay the full sticker price and few students fit perfectly into 'averages'.
To get a sense of how value for your educational
dollar might vary based on individual circumstances, look at the table below to determine your likely cost of a bachelor's degree at Drake University.
Now compare this value metric for each college you are interested in.
| Nationwide Value by Aid Group | Avg Total Degree Cost | Affordability Rank | Value Grade |
|---|
| Students Receiving no Aid | $240,672 | 1,260 | B |
| All Students (With and Without Aid) | $156,586 | 1,147 | B+ |
| Only Students Receiving Aid | $153,083 | 1,291 | B- |
| In-State Value by Aid Group | Avg Total Degree Cost | Affordability Rank | Value Grade |
|---|
| Students Receiving no Aid | $240,672 | 29 | B+ |
| All Students (With and Without Aid) | $156,586 | 29 | C |
| Only Students Receiving Aid | $153,083 | 31 | C |
Note: the Value Grade for in-state students is calculated by looking only at other schools in
the state of Iowa.
What is Value?
We calculate value by calculating average total cost (net price multiplied by time to graduation) and then compare
that number to other schools of similar quality ranking.
If the school is priced fairly based on the educational quality it receives a fair ranking.
If it is underpriced it receives a good or excellent value.
Read the full methodology article for more.
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