Cal Poly named one of the 34 best universities in the nation, ranking with the Ivy Leagues

Cal Poly was named one of the 34 best public or private universities in the nation, according to Money magazine’s 2023 Best College rankings, landing it on a list that’s a veritable who’s who of top American campuses.

“The personal finance website analyzed dozens of data points including graduation rates, cost of attendance, financial aid and alumni salaries, to find colleges that combine quality and affordability,” Cal Poly shared in a news release Friday.

The magazine’s methodology considered 26 factors in three categories: quality of education, affordability and outcomes. Those categories included measures such as graduation rates, student-to-faculty ratios, price of a degree, average debt and graduates’ earnings.

It then translated that data to create six rankings — from 2.5 to 5 stars, instead of numbered rankings used in previous years — to identify the 736 schools “where your tuition (and time) is likely to pay off.”

The rankings were released in late June, and Money’s new list names no single “best college.”

The 34 best-ranked schools received the highest five-star ranking and included Ivy League universities like Harvard, Yale, Princeton and Columbia; UC campuses in Berkeley, Los Angeles, San Diego and Irvine; and other top institutions like Stanford, Cal Tech and MIT.

A large sign marks the Grand Avenue entrance to Cal Poly’s university campus in San Luis Obispo.
A large sign marks the Grand Avenue entrance to Cal Poly’s university campus in San Luis Obispo.

Cal Poly was one of seven universities from the West to receive five stars and one of only 13 public universities that received the honor. It was also the only California State University named to the list.

According to Money’s analysis, more than 90% of Cal Poly graduates are working full time or in graduate schools within a year. Students go on to earn median salaries of just over $85,000 in their early careers, a premium over similar schools.

“The new system recognizes that there are numerous ways for a school to provide value,” Cal Poly said in the news release. “It encourages students and families to look beyond the most sought-after big-name institutions of higher learning.”

The accolade is the latest in a string of top rankings for Cal Poly.

Cal Poly celebrated more than 5,000 graduating students in six ceremonies on June 17 and 18, 2023, at Alex G. Spanos Stadium.
Cal Poly celebrated more than 5,000 graduating students in six ceremonies on June 17 and 18, 2023, at Alex G. Spanos Stadium.

The university was also named by U.S. News & World Report as the best public, master’s-level university in the West last fall, an honor Cal Poly has received for 30 years in a row.

The university was also named as the 40th best public university in the nation and among the top dozen in California, by Forbes last fall.

“Cal Poly continues to build on its reputation as a top-value university that regularly receives favorable rankings and has high demand for its graduates from industry,” Cal Poly said in the news release.

Here’s the full list of Money’s five-star universities:

  • Amherst College

  • Berea College

  • Brown University

  • California Institute of Technology

  • California Polytechnic State University, San Luis Obispo

  • Columbia University in the City of New York

  • Cooper Union for the Advancement of Science and Art

  • Cornell University

  • Dartmouth College

  • Duke University

  • Georgetown University

  • Georgia Institute of Technology

  • Harvard University

  • Massachusetts Institute of Technology

  • Massachusetts Maritime Academy

  • Northwestern University

  • Princeton University

  • Rice University

  • Stanford University

  • University of California, Berkeley

  • University of California, Irvine

  • University of California, Los Angeles

  • University of California, San Diego

  • University of Chicago

  • University of Florida

  • University of Illinois Urbana-Champaign

  • University of Michigan

  • University of North Carolina at Chapel Hill

  • University of Notre Dame

  • University of Pennsylvania

  • University of Virginia

  • University of Wisconsin-Madison

  • Williams College

  • Yale University