Caltech came in fifth among the universities ranked in the top 10 higher education institutions in the United States for 2021, according to the WalletHub website.
Cambridge, Mass.,-based Harvard University supplanted its neighbor, the Massachusetts Institute of Technology (MIT), as the nation’s No. 1 university on the WalletHub list, according to a report appearing on the American School & University website, asumag.com.
WalletHub’s 2021 Best College & University Rankings compiles and analyzes data in an effort to determine which institutions provide the best educational experience for students.
To determine the top-performing schools at the lowest possible costs to undergraduates, WalletHub compared more than 1,000 higher-education institutions in the United States across 30 key measures.
The data set is grouped into seven categories — Student Selectivity, Cost and Financing, Faculty Resources, Campus Safety, Campus Experience, Education Outcomes, and Career Outcomes.
The metrics range from student-faculty ratio to graduation rate to post-attendance median salary. Analysts compile a score based on a 100-point scale for each college or university.
For 2021, Harvard, with a score of 78.6, edged out Yale University, which received a score of 78.57. MIT, which ranked first in the WalletHub 2020 list, placed third in 2021.
The following are the 10 colleges and universities ranked the highest by WalletHub:
School Location Score
- Harvard University Cambridge, MA 78.6
- Yale University New Haven, CT 78.57
- Massachusetts Institute of Technology Cambridge, MA 78.44
- Princeton University Princeton, NJ 78.41
- California Institute of Technology Pasadena, CA 77.65
- Stanford University Stanford, CA 77.12
- Rice University Houston, TX 76.96
- Northwestern University Evanston, IL 75.4
- Duke University Durham, NC 75.18
10. University of Pennsylvania Philadelphia, PA 74.95