Students talk in the Union at Geneseo, which was recently placed first among universities in the country's north region for providing a high quality of education while spending relatively less than its peers to achieve it, by U.S. News and World Report. /PHOTO BY KEITH WALTERS '11
U.S. News & World Report has placed Geneseo first among universities in the country's north region for providing a high quality education while spending relatively less than its peers to achieve it.
This is the first year U.S. News has published rankings based on operating efficiency, generated by dividing a school's 2011 fiscal year financial resources per student by its overall score in the 2013 best colleges rankings. Geneseo ranked 10th in the north region in the latest general rankings and had a 2011 financial resources per student figure of $15,383. U.S. News factors in spending per student on instruction, research, student services and related educational expenditures to determine financial resources.
"Schools featured on this 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," writes Robert Morse, director of data research for U.S. News & World Report. "The less a school is spending relative to its ranking, the more efficient it is in producing a quality education among its peers."
The only schools included in producing the new efficiency list were those in the top half of their ranking category in the 2013 best colleges rankings. The U.S. News best colleges rankings are among the most closely followed in the world.