I just finished updating the list of 50-50 colleges with the latest IPEDS data release and thought I would share some statistically non-significant (as far as I know) observations. For those who don’t know what I mean by 50-50 colleges, these are colleges that accept at least 49% of students and have at least a 49% graduation rate. There are currently 441 such institutions with at least 500 or more full-time undergraduates.
The reason this is such a big deal is that it represents less than a third of all four-year colleges. If you include schools that accept less than 49%, you add another 148 colleges to the list. That’s still well less than half of all four-year schools. So, yeah, it’s kind of a big deal.
If you want a copy of the list, you can download it here.
Now for the interesting information I was talking about. The same four states from last year are still without any 50-50 schools as you can see in the following table.
There are a lot more smaller 50-50 colleges than larger ones.
Furthermore, if you want more affordable college choices, you should consider smaller schools. Among private 50-50 colleges, the smaller, the lower the average net cost with the exception of the largest schools.
The fact is that supply and demand exists in higher education. There are more smaller schools and they are less popular so they offer discounts. On the other hand, the popular Goldilocks schools, don’t have to offer lower prices to get students to attend.
For those looking for test optional colleges, there are 26 50-50 schools where the SAT/ACT is neither required nor recommended.
If you’re considering test optional schools, be sure to check if test scores are used in awarding merit aid. You may need it since it looks like test optional schools charge more. Schools where tests are neither required nor recommended had an average net price over $5,000 more than those where the tests are required.
All of this information is available in the 50-50 listing as well as athletic division, graduation rates, and acceptance rates. You can get the information on all colleges in the DIY College Rankings Spreadsheet.