Massachusetts Maritime Academy has been named one of the top 25 colleges in the country by the online financial publication Money.com.
Money looked at more than 700 colleges and universities, and ranked them according to the cost of the institution in comparison to its quality of education.
Massachusetts Maritime was one of three Massachusetts colleges on the list, joining Harvard University and the Massachusetts Institute of Technology. MMA was ranked at 25.
Money states that the college costs about $15,500 for the pending school year with the average amount of financial aid provided to students. Upon graduation, students who enter careers they have been educated for through the college earn an average annual salary of $67,200. The college boasts a 75 percent graduation rate.
In order to qualify for Money’s evaluation, colleges had to have a minimum of 500 students, have enough statistical data to be reviewed, not be struggling financially, and have an average or higher graduation rate. In total, 744 institutions met the criteria.
They were evaluated on quality of education, affordability, and outcomes.
The college’s president, Rear Admiral Francis X. McDonald, said that students and families in Massachusetts have known for a while that the school provides an excellent education for the money. The school, he said, is pleased that to be recognized for what it provides.
“It is wonderful to see that the nation is beginning to finally take notice as well,” Admiral McDonald said. “One hundred percent bachelor of science degrees, a hefty complement of liberal arts, invaluable real world experience, unsurpassed leadership training and a commitment to civic engagement & volunteerism, combine to put our graduates in demand around the globe.”
The college has also received recognition through US News & World Report in 2019 for being one of the best public regional universities, one of the best universities in the northern part of the country, and for its excellence in engineering programs.