New Rankings: College Economic Diversity
U.S. News has once again taken a look at economic diversity at colleges. Economic diversity is important to prospective students who want to know what the composition of the student body actually is on campus. Economic diversity also continues to get a great deal of consideration as a social issue in higher ed. Why? One reason is that many of the top-ranked schools (see links below) historically haven't enrolled large numbers of students from low-income families. It's been argued by many that colleges and universities should make a better effort to educate these students, given education's role in social mobility.
To determine economic diversity, U.S. News looks at the percentage of enrolled undergraduate students receiving Pell grants at each school. Many experts believe that the percentage of students receiving Pell grants is the best available gauge of the proportion of low-income undergrads on a given campus. Pell grants are awarded from a federally funded program that gives need-based grants to low-income students and are most often given to undergrads with family incomes under $20,000.
So what do the following economic diversity tables really mean? A school that has fewer than 10 percent of its students receiving Pell grants signifies that only a small percentage of its students come from low-income backgrounds. That school might not have the best support services in place for such students. If a school has a large proportion of students receiving Pell grants, 40 percent or more, that could be an indication that its mission is to serve students or geographic areas with families with lower incomes.
These links below will take you directly to the tables that show the percentage of fall 2007 undergraduates receiving federal Pell grants in the 2007-2008 academic year for low-income students for all the colleges and universities in these U.S. News categories and among just the top-ranked schools in those categories.
Economic diversity at all schools in these categories:
- National Universities
- Liberal Arts Colleges
- Masters Universities -North
- Masters Universities -South
- Masters Universities -Midwest
- Masters Universities -West
- Baccalaureate Colleges -North
- Baccalaureate Colleges-South
Economic diversity at just the top-ranked schools in these categories:
- National Universities
- Liberal Arts Colleges
- Masters Universities-North
- Masters Universities-South
- Baccalaureate Colleges-North
- Baccalaureate Colleges-Midwest
- Baccalaureate Colleges-West
Searching for a college? Get our complete rankings of America's Best Colleges.
Tags: rankings | paying for college
Tools: 
Share
|
| Comments (3) | Print
Reader Comments
The Importance of Economic Diversity
Ed of VA:
Measurements of economic diversity descibe the economic composition of the student body, not projections of income for its graduates. It is a calculation unlikely to matter to you (a prospective student), unless you value a diverse academic and social environment in which to gain your education. Unfortunately, too many students (as with their counterparts elsewhere in society) cringe at, and recoil from, difference and seek social, residential, educational and occupational spaces in which to isolate themselves with similarity.
However, the greatest value of indexing economic diversity may be its indication of the degree to which we as a society are (not) adequately educating people of lower socioeconomic status. When we combine a recognition of a) the determinative power of education as a gateway to financial & economic stability b) the fact that institutions of higher education remain largely preserves of the relatively affluent, a very troubling truth is revealed. The prevalent public rhetoric suggesting that higher education is a universal mode of social mobility services our American meritocratic mythology while evading entirely the truth of economic privilege. Until the quality of, and access to, education available for those in most need approaches equality with those of sufficient means, the system higher education will continue to reproduce and further entrench present social inequality.
Washington Lee
I thought they had a whole bunch of people on full aid and weren't giving loans. Isn't that beeter than federal aid?
Why is economic diversity a good thing?
As a high school senior looking at different colleges, why should I consider the "economic diversity" of a university? Does this imply that college is merely vocational training for high-paying careers?
advertisement
