If you're looking for the best bang for your buck from a college or university, take a good hard look at the University of Michigan. U of M was just ranked the best college in the US for value.

SEE ALSO:  Durand Family Sues Elementary School Over Hat Day Debacle

I have to admit, I am a little biased because I'm a Michigan Dad. Four of our kids are graduates of the University of Michigan Flint, which we considered an even better value than U of M's Ann Arbor campus because the kids all lived at home and commuted to school.

 Official Ranking by Money.com

  • Money.com crunched the numbers, ranking more than 600 colleges across the country based on several factors:
  • Acceptance rate
  • Full-price tuition for the 2022-2023 school year
  • Tuition with average grants factored in
  • Percentage of students who receive grant money
  • Graduation rate, and
  • Amount of money recent graduates earn when they enter the job market

U of M scored a whopping 89.41, outranking the number two school (the University of North Carolina at Chapel Hill) by more than three points.

The Methodology

Money's rankings take factors into account such as affordability, quality of education, and graduates' earnings 10 years after they first begin school.

Although affordability seems like a straightforward metric, Money breaks this down into subcategories like the net price of a degree based on the college's 'sticker price' less grants and scholarships, and the amount of time it takes the typical student to graduate.

Net price paid by students who are in different income brackets and the average amount of debt accrued by students is also factored in.

For a complete explanation of the methodology used to determine the rankings, follow this link.

Keep reading to see the 10 best colleges and universities here in Michigan.

h/t Fox 2

These Are the 10 Best Colleges and Universities in Michigan

Picking a college is a huge decision whether you're going right out of high school or looking to increase your earning potential as a working adult.
Niche compiled the data, taking many factors into account from more than 1,000 top colleges and universities throughout the United States.
These are the highest-ranking schools here Michigan.

Here Are the Most Dangerous Cities in Michigan

Unfortunately, the Motor City isn't the only dangerous place in Michigan. Of course, Detroit makes the list, compiled by Road Snacks, but there are nine other cities and townships throughout our state which have exceptionally high crime rates.

Flint + Saginaw's Most-Popular TV Anchors - Where Are They Now?

A lot of highly talented people have sat behind the anchor desks at the area's TV stations.

We're taking a look at some of the area's most popular news, weather, and sports anchors who have visited our homes electronically and then moved on.

More From Club 93.7