OBU Named Top 10 in Lowest Debt Burden
November 18, 2014
OBU recently ranked seventh nationally on a list of "50 Christian Colleges with the Lowest Debt Burden." In an article published on www.christianuniversitiesonline.org, an independent resource informing prospective students and their families about Christian education, editor Michael Templeton named OBU alongside other prominent Christian universities.
"This list attempts to present a ranking of Christian colleges and universities whose class of 2013 graduated with the lightest debt burden," Templeton said in the article. "With this ranking, we want to highlight schools that are excelling in keeping the debt burden of their graduates as low as possible because we understand the long term impact that excessive student loan debt has on today's graduates."
The ranking was created via data points retrieved from the U.S. News & World Report. The list focuses on two specific factors, the average amount of money each school's graduating class of 2013 borrowed and the percent of graduating students who borrowed.
OBU ranked seventh nationally and was ranked higher than any other Christian university in the state with an average total indebtedness of $26,557 and a borrow percentage of 61.8 percent.
This ranking comes on the heels of other national and regional recognitions for OBU, including a spot as the highest ranked private university in Oklahoma on Great Value College's rankings of 50 Great Affordable Colleges in the Midwest; honors as a top 10 regional college in the West by U.S. News and World Report for the last 23 years; and Oklahoma's highest rated regional college in the U.S. News rankings for 21 consecutive years. OBU also recently announced it will be offering guaranteed financial awards to all incoming freshmen beginning fall 2015.