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Last modified: Tuesday, July 31, 2012

IU named 'best buy' by leading college guide

July 31, 2012

BLOOMINGTON, Ind. -- Indiana University has been named a "best buy" school by the 2013 edition of "Fiske Guide to Colleges."

IU was one of only 20 public universities from the U.S., U.K. and Canada to receive the "best buy" designation from Fiske and one of three Big Ten institutions named to the list along with the University of Iowa and University of Wisconsin-Madison. This year's guide also features 21 private universities.

"Fiske Guide to Colleges," founded in 1982 by former New York Times education editor Edward B. Fiske, is considered one of the nation's most comprehensive guides for students and their families to more than 300 colleges and universities. It is currently the most popular college guidebook on

IU Vice President Neil Theobald said the Fiske designation reflects the university's ongoing commitment to keeping an IU education affordable and accessible to all qualified students.

"While a ranking itself cannot reduce the hardships that so many students and their families are facing in these challenging economic times, it does support our continued and creative effort to address the important issues of college affordability and timely degree completion," Theobald said. "Through new initiatives, such as our recently instituted summer tuition discount, we are determined to provide much-needed financial relief for students and their families and significant incentives for students to earn their degrees on time or even early."

As part of IU's summer tuition discount program, Indiana resident undergraduates enrolled at all of IU's seven campuses statewide received a 25 percent discount in tuition for courses taken this summer. Nonresident undergraduate students received an equivalent dollar reduction in their tuition.

Additionally, last month, the university introduced a comprehensive program on student financial literacy, designed to give IU students tools to complete college without burdening themselves with excessive debt.

In introducing this year's "best buys" Fiske editors wrote: "In the face of today's skyrocketing tuition rates, students and families in all economic circumstances are looking for ways to get the best value for their educational dollar. Fortunately, there are some bargains to be found in higher education; it just takes a bit of shopping around with a little guidance along the way."