Babson College finished No. 2 in Wall Street Journal‘s 2025 Best Colleges in the U.S. ranking. Babson has jumped 124 spots in the last two years. Courtesy photo
Another U.S. college ranking, another first for Princeton University.
Princeton topped Wall Street Journal/College Pulse’s 2025 Best Colleges in the U.S ranking, released today (September 5). It’s the second straight year Princeton has been WSJ’s top school — and it continues an impressive winning streak for the private Ivy in New Jersey.
Last week, Princeton also topped Forbes’ America’s Top Colleges ranking — also for the second straight time — and it likewise came first in U.S. News & World Report’s 2024 National University ranking, released last fall. If Princeton tops U.S. News’ 2025 ranking, expected to be published in the next couple of weeks, it will achieve repeats on all three of the major college rankings for U.S. schools.
WSJ TOP 10
Princeton topped the WSJ list with an overall score of 92.3. It scored a near-perfect graduation rate score of 99 (out of 100) and a salary impact score of 97. The university’s diversity score of 76 reflects a well-rounded student body, while its learning opportunities and preparation for career scores — 73 and 77, respectively — underscore its commitment to academic rigor and real-world readiness. Princeton’s graduates see a value-added salary boost of over $81,000.
The table below shows the top 10 school’s on WSJ’s 2025 ranking.
1 |
Princeton University |
NJ |
Private |
92.3 |
2 |
Babson College |
MA |
Private |
91.9 |
3 |
Stanford University |
CA |
Private |
91.6 |
4 |
Yale University |
CT |
Private |
89.3 |
5 |
Claremont McKenna College |
CA |
Private |
89.2 |
6 |
Massachusetts Institute of Technology |
MA |
Private |
87.4 |
7 |
Harvard University |
MA |
Private |
86.2 |
8 |
University of California, Berkeley |
CA |
Public |
86.1 |
9 |
Georgia Institute of Technology |
GA |
Public |
85.8 |
10 |
Davidson College |
NC |
Private |
85.6 |
BABSON COLLEGE RISES 124 SPOTS IN TWO YEARS
Perhaps the biggest story in WSJ’s latest list is the meteoric rise of Babson College.
Last year, Babson, a small private college near Boston, rose 116 spots to break the top 10 after ranking No. 126 in 2023. The large jump was the result of the WSJ putting more focus on value added to student success as a result of their college of choice.
Babson rose another eight spots on the 2025 list, finishing at No. 2 — ahead of Stanford University, Yale, and the Massachusetts Institute of Technology. Babson was rewarded for its strong salary impact on its graduates’ careers, earning a perfect 100. It ranked No. 8 overall in the category.
In fact, the Class of 2023 set a record for Babson undergraduates for starting salaries, earning an average of $75,579 a year – 20% higher than the National Association of Colleges and Employers (NACE) projected average for business majors, according to Babson news release. That record-breaking salary beat the previous record set by Babson’s Class of 2022 graduates who earned an average of 14% more than the previous class in their first jobs.
Babson undergrads also posted a 98.6% employment rate.
“At second-ranked Babson, the emphasis on hands-on experiences begins the moment students step on campus as freshmen. Built into the Babson curriculum are opportunities for experiential learning, like the mandatory Foundations of Management and Entrepreneurship class, where students launch startups in groups during their first two semesters of college using a loan of up to $3,000 provided by the school,” WSJ writes in its ranking story.
Stephen Spinelli Jr, president Babson College
WSJ also ranked Babson No. 2 for Career Preparation and No. 11 for Student Experience.
“Babson’s recognition as the No. 2 college in the United States by The Wall Street Journal is a remarkable milestone for our community. It’s also a signal that entrepreneurship as an academic discipline has transcended business education,” says Babson President Stephen Spinelli Jr.
“At Babson, we go a step beyond by producing entrepreneurial leaders who pioneer new approaches and creative ways of thinking across a broad spectrum of industries and professions. Those leaders and their myriad impacts around the world play a significant role in this historic milestone for Babson, and to a greater extent, for entrepreneurship education as a whole.”
WSJ METHODOLOGY
WSJ’s is the second major ranking of undergraduate universities in the U.S. in as many weeks. Forbes’ list came out last week, and U.S. News’ typically drops mid September.
While neither the Forbes or WSJ rankings focus on undergraduate business schools, many of the top-ranked undergrad business programs are housed in high-ranking universities from both lists. Poets&Quants For Undergrads will publish its annual business school-specific ranking in March 2025.
WSJ has published its college rankings since 2016 along with its research partners College Pulse and Statista. It aims to evaluate how well U.S. colleges and universities prepare students for financial success, focusing on measurable outcomes such as graduation rates and post-graduate earnings.
Last year, it made significant changes to its methodology, eliminating the academic survey on schools’ reputations which rewards big brand schools superior name recognition. It also didn’t reward schools for the amount of money it spends on instruction.
That has led to a significant rise in the rankings for public institutions, with six schools breaking into the top 20, including the University of California at Berkeley, at No. 8, and Georgia Institute of Technology at No. 9. Last year, no public universities were in the top 10 and only two were in the top 20.
WSJ’s ranking is divided into several categories by which students can further narrow down target schools based on their preferences: The full college rankings, Student Experience, Salary Impact, Social Mobility and Best Value.
The following table shows metrics and weights used to calculate the ranking.
Student Outcomes (70%) |
Salary Impact |
33% |
Measures how much a college boosts graduates’ salaries beyond expected levels. |
Years to Pay Off Net Price |
17% |
Combines average net price with value added to graduates’ median salary to estimate how long it takes to pay off education costs. |
|
Graduation Rate Impact |
20% |
Assesses the college’s success in graduating students compared to expectations based on student demographics. |
|
Learning Environment (20%) |
Learning Opportunities |
4% |
Student satisfaction with faculty interactions, feedback, and teaching quality. |
Preparation for Career |
4% |
Evaluates career networking, advice, and applied learning opportunities. |
|
Learning Facilities |
4% |
Student satisfaction with libraries, internet, and classrooms. |
|
Recommendation Score |
4% |
Measures how likely students are to recommend their college to others. |
|
Character Score |
4% |
Assesses the development of personal qualities like moral courage, resilience, and societal contributions. |
|
Diversity (10%) |
Opportunities to Interact with Different Backgrounds |
5% |
Frequency of student interaction with diverse peers. |
Ethnic Diversity |
1.70% |
Probability of random pairings being from different ethnic backgrounds. |
|
Inclusion of Students with Lower Family Earnings |
1.70% |
Proportion of Pell Grant recipients. |
|
Inclusion of Students with Disabilities |
1.70% |
Proportion of students with disabilities. |
|
Contextual Figures |
Average Net Price |
– |
The annual cost of attendance, factoring in grants and scholarships. |
Value Added to Graduate Salary |
– |
The difference in earnings attributable to attending the college compared to high school graduates. |
See the full ranking methodology here.
THE 100 BEST U.S. COLLEGES BY WSJ
WSJ evaluated 500 U.S. private and public universities. For its full, overall ranking, it scored each school on student outcomes (70% weight), learning environment (20%) and diversity (10%).
It employed one of the largest independent student surveys and combined it with a “rigorous statistical analysis” of government data to calculate its school scores. It also factors cost of attendance (average net price) against student outcomes.
The top 100 schools from WSJ’s 2025 Best Colleges in the U.S. are shown in the table below. The full list is available here.
1 |
Princeton University |
NJ |
Private |
92.3 |
2 |
Babson College |
MA |
Private |
91.9 |
3 |
Stanford University |
CA |
Private |
91.6 |
4 |
Yale University |
CT |
Private |
89.3 |
5 |
Claremont McKenna College |
CA |
Private |
89.2 |
6 |
Massachusetts Institute of Technology |
MA |
Private |
87.4 |
7 |
Harvard University |
MA |
Private |
86.2 |
8 |
University of California, Berkeley |
CA |
Public |
86.1 |
9 |
Georgia Institute of Technology |
GA |
Public |
85.8 |
10 |
Davidson College |
NC |
Private |
85.6 |
11 |
Bentley University |
MA |
Private |
85.3 |
12 |
University of California, Davis |
CA |
Public |
85.3 |
13 |
University of Pennsylvania |
PA |
Private |
85.1 |
14 |
Columbia University |
NY |
Private |
85 |
15 |
Lehigh University |
PA |
Private |
84.6 |
16 |
San José State University |
CA |
Public |
84.4 |
17 |
University of Notre Dame |
IN |
Private |
84.2 |
18 |
University of California, Merced |
CA |
Public |
84 |
19 |
Virginia Tech |
VA |
Public |
83.9 |
20 |
Harvey Mudd College |
CA |
Private |
83.6 |
21 |
California State Polytechnic University, Pomona |
CA |
Public |
83.6 |
22 |
University of Michigan, Ann Arbor |
MI |
Public |
83.5 |
23 |
Loyola University Maryland |
MD |
Private |
83.1 |
24 |
California State University, Stanislaus |
CA |
Public |
83.1 |
25 |
Colgate University |
NY |
Private |
83 |
26 |
University of Delaware |
DE |
Public |
82.9 |
27 |
Cornell University |
NY |
Private |
82.8 |
28 |
Texas A&M University, College Station |
TX |
Public |
82.6 |
29 |
Rice University |
TX |
Private |
82.4 |
30 |
University of California, San Diego |
CA |
Public |
82.2 |
31 |
University of California, Irvine |
CA |
Public |
82 |
32 |
Washington University in St. Louis |
MO |
Private |
81.8 |
33 |
University of Virginia, Main Campus |
VA |
Public |
81.8 |
34 |
Georgetown University |
DC |
Private |
81.7 |
35 |
Swarthmore College |
PA |
Private |
81.6 |
36 |
Brown University |
RI |
Private |
81.6 |
37 |
Augustana College |
IL |
Private |
81.3 |
38 |
Santa Clara University |
CA |
Private |
81.3 |
39 |
California Institute of Technology |
CA |
Private |
81.2 |
40 |
Towson University |
MD |
Public |
81.2 |
41 |
University of Texas at Austin |
TX |
Public |
81.1 |
42 |
St. Joseph’s University |
PA |
Private |
81 |
43 |
University of Detroit Mercy |
MI |
Private |
81 |
44 |
Vanderbilt University |
TN |
Private |
80.9 |
45 |
Duke University |
NC |
Private |
80.8 |
46 |
California State University, San Bernardino |
CA |
Public |
80.5 |
47 |
University of San Diego |
CA |
Private |
80.4 |
48 |
California Polytechnic State University, San Luis Obispo |
CA |
Public |
80.4 |
49 |
University of Southern California |
CA |
Private |
80.3 |
50 |
Washington and Lee University |
VA |
Private |
80.3 |
51 |
California State University, Fresno |
CA |
Public |
80.2 |
52 |
Manhattan College |
NY |
Private |
80 |
53 |
University of Illinois Urbana-Champaign |
IL |
Public |
79.8 |
54 |
Albion College |
MI |
Private |
79.7 |
55 |
Marquette University |
WI |
Private |
79.7 |
56 |
Carnegie Mellon University |
PA |
Private |
79.7 |
57 |
Dartmouth College |
NH |
Private |
79.6 |
58 |
Lafayette College |
PA |
Private |
79.5 |
59 |
University of North Carolina at Chapel Hill |
NC |
Public |
79.5 |
60 |
Michigan State University |
MI |
Public |
79.5 |
61 |
Baruch College, CUNY |
NY |
Public |
79.5 |
62 |
Northwestern University |
IL |
Private |
79.5 |
63 |
Brigham Young University |
UT |
Private |
79.5 |
64 |
Colby College |
ME |
Private |
79.4 |
65 |
College of the Holy Cross |
MA |
Private |
79.4 |
66 |
San Francisco State University |
CA |
Public |
79.3 |
67 |
California State University, Long Beach |
CA |
Public |
79.1 |
68 |
University of California, Los Angeles |
CA |
Public |
79 |
69 |
Siena College |
NY |
Private |
79 |
70 |
James Madison University |
VA |
Public |
79 |
71 |
University of Portland |
OR |
Private |
79 |
72 |
California State University, Sacramento |
CA |
Public |
78.9 |
73 |
University of Wisconsin, Madison |
WI |
Public |
78.7 |
74 |
Bryant University |
RI |
Private |
78.7 |
75 |
University of Chicago |
IL |
Private |
78.4 |
76 |
George Mason University |
VA |
Public |
78.3 |
77 |
Florida International University |
FL |
Public |
78.2 |
78 |
University of Dayton |
OH |
Private |
78.1 |
79 |
Villanova University |
PA |
Private |
78.1 |
80 |
University of La Verne |
CA |
Private |
77.9 |
81 |
California State University, Northridge |
CA |
Public |
77.8 |
82 |
University of Washington |
WA |
Public |
77.7 |
83 |
University of Florida |
FL |
Public |
77.7 |
84 |
University of Rhode Island |
RI |
Public |
77.5 |
85 |
California State University, Fullerton |
CA |
Public |
77.4 |
86 |
Wellesley College |
MA |
Private |
77.4 |
87 |
University of the Pacific |
CA |
Private |
77.3 |
88 |
Haverford College |
PA |
Private |
77.1 |
89 |
Ohio Northern University |
OH |
Private |
77 |
90 |
Worcester Polytechnic Institute |
MA |
Private |
77 |
91 |
Quinnipiac University |
CT |
Private |
77 |
92 |
Johns Hopkins University |
MD |
Private |
76.9 |
93 |
Clemson University |
SC |
Public |
76.8 |
94 |
The College of New Jersey |
NJ |
Public |
76.7 |
95 |
California State University, Los Angeles |
CA |
Public |
76.7 |
96 |
Bucknell University |
PA |
Private |
76.7 |
97 |
California State University, San Marcos |
CA |
Public |
76.5 |
98 |
Rose-Hulman Institute of Technology |
IN |
Private |
76.3 |
99 |
University of Connecticut |
CT |
Public |
76.3 |
100 |
Boston College |
MA |
Private |
76.3 |
SCHOOLS RANKED BY STUDENT EXPERIENCE
The WSJ/College Pulse Student Experience ranking looks at the schools where students enjoy waking up to go to class. Student perceptions were measured by an independent survey of verified college students and recent graduates. Seven of the top 20 schools in this category are public.
Scripps College, a private school in California, has the best score in this category at 75.5. It also scored a 68 in community and social life and 83 in diversity. The average net price of attendance is $33,912 with a value added to graduate salaries of $44,706.
See the top 20 schools for student experience in the table below.
1 |
Scripps College |
CA |
Private |
75.5 |
2 |
Harvey Mudd College |
CA |
Private |
75.3 |
3 |
Florida International University |
FL |
Public |
74.7 |
4 |
Hobart and William Smith Colleges |
NY |
Private |
74.3 |
5 |
California Baptist University |
CA |
Private |
73.9 |
6 |
Yale University |
CT |
Private |
73.5 |
7 |
Pomona College |
CA |
Private |
73.1 |
8 |
Oral Roberts University |
OK |
Private |
72.4 |
9 |
Princeton University |
NJ |
Private |
71 |
10 |
Claremont McKenna College |
CA |
Private |
70.7 |
11 |
Babson College |
MA |
Private |
70.6 |
12 |
Pitzer College |
CA |
Private |
70.5 |
13 |
Amherst College |
MA |
Private |
70.5 |
14 |
Alcorn State University |
MS |
Public |
70.3 |
15 |
California State University, Fresno |
CA |
Public |
70.2 |
16 |
Stanford University |
CA |
Private |
70.2 |
17 |
University of Houston, Downtown |
TX |
Public |
70 |
18 |
Savannah State University |
GA |
Public |
70 |
19 |
Northeastern Illinois University |
IL |
Public |
70 |
20 |
Brooklyn College, CUNY |
NY |
Public |
69.8 |
SCHOOLS RANKED BY SALARY IMPACT
Here, five of the top 20 schools are public institutions, including Georgia Institute of Technology which ranked No. 9 overall.
Still, the Ivies and big brand powerhouses still dominate. Massachusetts Institute of Technology comes out on top with a salary score of 99.3.
The salary impact rating looks at the impact the school has on its graduates’ salaries in relation to the cost of attending. While the schools at the top generally have high price tags, the salaries their graduates earn 10 years later make up for the high cost.
Below, you can see the 20 schools with the highest salary impact from WSJ’s ranking.
1 |
Massachusetts Institute of Technology |
MA |
Private |
99.3 |
2 |
Stanford University |
CA |
Private |
98.4 |
3 |
Princeton University |
NJ |
Private |
97.9 |
4 |
Georgia Institute of Technology, Main Campus |
GA |
Public |
97.6 |
5 |
University of Pennsylvania |
PA |
Private |
97.4 |
6 |
California Institute of Technology |
CA |
Private |
96.6 |
7 |
Harvey Mudd College |
CA |
Private |
96.6 |
8 |
Babson College |
MA |
Private |
96.2 |
9 |
Missouri University of Science and Technology |
MO |
Public |
96 |
10 |
Carnegie Mellon University |
PA |
Private |
95.1 |
11 |
Claremont McKenna College |
CA |
Private |
94.9 |
12 |
Milwaukee School of Engineering |
WI |
Private |
94.7 |
13 |
Lehigh University |
PA |
Private |
94.6 |
14 |
Bentley University |
MA |
Private |
94.5 |
15 |
Michigan Technological University |
MI |
Public |
94.2 |
16 |
Colorado School of Mines |
CO |
Public |
94.1 |
17 |
San José State University |
CA |
Public |
93.7 |
18 |
Yale University |
CT |
Private |
93.5 |
19 |
Kettering University |
MI |
Private |
92.8 |
20 |
Manhattan College |
NY |
Private |
92.8 |
SCHOOLS RANKED BY SOCIAL MOBILITY
For social mobility, WSJ looked at how much schools enhance students’ social mobility after graduation. Institutions with the highest proportion of students that come from lower-income families, high graduation rates, high salary impact for graduates, and lower costs do the best in this metric.
Public schools dominate here with 17 of the top 20 spots.
University of California at Merced is the best school for social mobility at 86.8. It scored 83 out of 100 in salary impact and a 96 in graduation rate. It has an average net price of $13,450 with a value added graduate salary of $33,874.
A table with the top 20 schools for social mobility is presented below.
1 |
University of California, Merced |
CA |
Public |
86.8 |
2 |
California State University, Stanislaus |
CA |
Public |
82.1 |
3 |
California State University, San Bernardino |
CA |
Public |
81.2 |
4 |
California State University, Fresno |
CA |
Public |
80.4 |
5 |
California State University, Los Angeles |
CA |
Public |
78.5 |
6 |
Florida International University |
FL |
Public |
78.2 |
7 |
California State University, Long Beach |
CA |
Public |
77 |
8 |
Baruch College, CUNY |
NY |
Public |
76.8 |
9 |
California State University, Northridge |
CA |
Public |
76 |
10 |
California State Polytechnic University, Pomona |
CA |
Public |
75.8 |
11 |
California State University, Fullerton |
CA |
Public |
74.9 |
12 |
University of California, Riverside |
CA |
Public |
73.1 |
13 |
California State University, Sacramento |
CA |
Public |
71.7 |
14 |
Fresno Pacific University |
CA |
Private |
69.5 |
15 |
Albion College |
MI |
Private |
68.8 |
16 |
University of Illinois, Chicago |
IL |
Public |
67.7 |
17 |
University of La Verne |
CA |
Private |
66.4 |
18 |
Montclair State University |
NJ |
Public |
64.9 |
19 |
California State University, San Marcos |
CA |
Public |
64.6 |
20 |
San Francisco State University |
CA |
Public |
63.9 |
SCHOOLS RANKED FOR BEST VALUE
WSJ’s Best Value ranking looks at how quickly the difference between a school’s graduates’ salaries and those of comparable high-school graduates pays back the average net price of four years of study, or “Years to pay off net price.”
Here, Baruch College, CUNY, scored highest here with a perfect 100 for value. It has an average net price of $3,644 with a value added graduate salary of $45,354. Its “years to pay off net price” is three months.
Public schools made up 14 of the top 20 in the category.
1 |
Baruch College, CUNY |
NY |
Public |
100 |
2 |
Hunter College, CUNY |
NY |
Public |
99.9 |
3 |
Princeton University |
NJ |
Private |
99.8 |
4 |
City College of New York, CUNY |
NY |
Public |
99.7 |
5 |
Brooklyn College, CUNY |
NY |
Public |
99.5 |
6 |
Stanford University |
CA |
Private |
99.3 |
7 |
University of Florida |
FL |
Public |
99.1 |
8 |
Queens College, CUNY |
NY |
Public |
99 |
9 |
Berea College |
KY |
Private |
98.9 |
10 |
California State University, Stanislaus |
CA |
Public |
98.8 |
11 |
California Institute of Technology |
CA |
Private |
98.6 |
12 |
Massachusetts Institute of Technology |
MA |
Private |
98.5 |
13 |
Florida State University |
FL |
Public |
98.4 |
14 |
California State University, Los Angeles |
CA |
Public |
98.3 |
15 |
Georgia Institute of Technology, Main Campus |
GA |
Public |
98.2 |
16 |
California State University, Fresno |
CA |
Public |
97.8 |
17 |
California State University, Fullerton |
CA |
Public |
97.7 |
18 |
Missouri University of Science and Technology |
MO |
Public |
97.5 |
19 |
Rice University |
TX |
Private |
97.4 |
20 |
University of California, Irvine |
CA |
Public |
97.2 |
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