SPOKANE, Wash. – Gonzaga University is the only private regional university in the West, and one of two universities in the state of Washington, named to an exclusive new operating-efficiency list published by U.S. News & World Report featuring schools that produce the highest educational quality for a relatively low price per student.
Gonzaga and Western Washington University, a public university in Bellingham, are among only five regional universities in the West named to the list [http://bit.ly/SAtRuQ] published this month by U.S. News & World Report. The other three schools on the list are public universities in California.
The publication notes: “The new list is based on operating efficiency, defined as a school’s 2011 fiscal year financial resources per student divided by its overall score . . . in the 2013 Best Colleges rankings. This calculation reveals how much each school is spending to achieve one point in the overall score and its position in the rankings.”
The less a school spends relative to its ranking, the more efficient it is in producing a quality education among its peers.
Only schools that were numerically ranked in the top half of their ranking category in the U.S. News & World Report Best Colleges 2013 rankings were included in this analysis. Gonzaga is rated the 4th best Regional University in the West and the 3rd best value in the West in U.S. News & World Report’s 2013 rankings.
The publication notes that schools featured on the list “are doing a good job in managing their financial resources relative to other schools that may have larger state funding, higher tuition, or larger endowments. Many of these schools are likely to be more affordable in terms of tuition relative to others in their ranking category, since almost all of them are public universities.”
U.S. News measures financial resources by taking into account how much a school spends per student on instruction, research, student services, and related educational expenditures. Financial resources constitute a 10 percent weight in the Best Colleges ranking methodology.