Market Blog

Austin Ranks in the Top Five of Best College Cities/Towns in United States

 

According to a WalletHub article written by Richie Bernardo, “Experts have argued that a school’s geographical location is just as important as a strong curriculum and supportive school environment to a student’s academic success and personal development.” In order to help high school students narrow down their choices for college destinations, WalletHub ranked the best and worst college towns and cities.

Austin, Texas, earned itself the No. 5 overall ranking out of 415 U.S. cities, while also earning the No. 1 ranking in the large city category (300,000 people or more).

Twenty-eight key indicators — including “Student Gender Balance,” “Job-Growth Rate” and “Festivals per Capita”— were used to grade the cities. Each key metric falls under one of three main topics: Wallet Friendliness, Social Environment and Academic & Economic Opportunities. They respectively can earn a city a total of 25-25-50 points to add up to 100 points overall. Austin earned an impressive overall score of 55.85.

A panel of four experts touched on what it means to live in a high-quality college town or city and the various roles these locations can play in a student’s life. The questions the panel answer are listed below, and their replies can be found in the original article.

  • In deciding which college to attend, how important is the surrounding city/town?
  • What are the benefits non students get by living in a college city/town?
  • Are college cities/towns a good option for retirees? What about families?
  • How can parents prepare their children for managing finances in college (e.g., student loans, credit cards, etc.)?
  • What are the advantages and disadvantages of going to college in-state versus out-of-state?
  • How can local authorities make their cities/towns more appealing to both new students and other potential residents?

Richie Bernardo | WalletHub

Other cities ranking in the top 10 for their high overall scores are San Diego, California (No. 10), Tampa, Florida (No. 9), and Ann Arbor, Michigan (No. 1).

[via Wallethub]

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