Having a college education may be more important than ever before. On average, workers with a college education earn more than those with less education and are less likely to lose their jobs or face long periods of unemployment.
Applying for college is a major undertaking, with no guarantee of acceptance. Acceptance rates are often considered an approximation for exclusivity, and in general, it can be expected that a school with a lower acceptance rate will grant a better education and a more prestigious degree.
While acceptance rates and SAT scores offer a good indication of a university’s prestige, they are not the only factors to take into consideration. The desired career might point a student to a state university that offers a specialty program, even if the university has an acceptance rate that is higher than an elite private university. As with many important life choices, the more research the better.
24/7 Wall St. reviewed education data across thousands of four-year, degree-granting institutions from the National Center for Education Statistics and other sources to determine each state’s most selective college. We indexed acceptance rates, as well as SAT and ACT scores of admitted students, to measure the difficulty of being accepted to those universities and colleges.
Some states have large elite universities that receive tens of thousands of applications and accept only a fraction of them. Other schools on this list are small, expensive private institutions.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.