August 13, 2012

CT’s Sacred Heart ranks as least affordable college

Fairfield's Sacred Heart University ranked as the least affordable American college in Newsweek magazine's annual survey, reports.

The cost to attend Sacred Heart is $50,500 per year. Its graduates leave with an median debt of $40,865, a median starting salary of $44,800 and at mid-career make $69,500, on average.

Sacred Heart officials insist the survey is flawed.

In contrast, at New Haven's Yale University, which has a sticker price of $58,250, the average debt upon graduation is $9,254, the median starting salary is $50,700 and the mid-career median salary is $105,000. Newsweek ranked Yale the 14th most affordable college in the country.

The most afforable college, according to Newsweek's rankings, is the Massachusetts Institute of Technology, with a tuition of $55,270, a median graduate debt of $15,228, a median starting salary of $69,700 and a mid-career median salary of $115,000.

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