Money Magazine top college

Beth Domholdt, VP for academic affairs

Beth Domholdt, VP for academic affairs

St. Scholastica has been named to Money magazine's list of best colleges in the United States for 2014-2015.

The College is ranked 471st on the list of the top 665 colleges and universities in the country.

"To find out which of the nation's roughly 1,500 four-year colleges offer the most bang for your tuition buck," the magazine said in a press release, "Money screened out those with a below-average graduation rate and then ranked the 665 that remained on 17 factors in three categories: educational quality, affordability, and alumni earnings provided by PayScale.com."

The magazine used enrollment, acceptance rate, and high school GPA data for the 2012-2013 academic year, the most recent available.

Beth Domholdt, St. Scholastica's vice president for academic affairs, said the ranking is a welcome addition to St. Scholastica's perennial recognition as a top regional university in US News & World Report's "America's Best Colleges" rankings.

"This highlights our strong graduation rate and the quality of work by St. Scholastica's faculty and students," she said, "as well as the success of our alumni, of whom we're very proud."

Money magazine said it included a "value added" grade that rated each college in light of the economic and academic profile of its student body and the mix of majors at that school.

"We then used a statistical technique to turn all the data points into a single score on a five-point scale and rated them accordingly. These schools went to the head of the class."

The complete rankings are at http://time.com/money/collection/moneys-best-colleges/