The University of Texas at Austin has risen to 21st place in Kiplinger's Personal Finance's list of 100 best values in public colleges for 2014. The ranking cites four-year schools that combine outstanding education with economic value.
In Kiplinger's 2013 report, The University of Texas at Austin had been ranked 27th.
"Kiplinger's Best Value ranking is one I am always proud of, so I'm delighted to see the leap we have made in this list," said Bill Powers, president of the university. "We have said for years that UT Austin is an outstanding value. It is nice to have a respected organization like Kiplinger's recognize and quantify that."
The annual public school rankings appear in Kiplinger's February 2014 issue, which goes on newsstands Dec. 31 and is now online at kiplinger.com/links/college.
Kiplinger's reviews such measures as admission rates, the percentage of students who return for sophomore year, the student-faculty ratio and the four-year graduation rate. The rankings also examine tuition and fees, financial aid offerings and average student debt at graduation.
"This year's top 100 schools have made admirable strides to maintain academic integrity and standards while meeting the financial needs of their students," said Janet Bodnar, editor of Kiplinger's Personal Finance.
The University of Texas at Austin also ranks 46th in academic reputation among the top national universities and 16th among the public schools in the 2014 U.S. News and World Report magazine's survey of undergraduate programs. At the graduate level, 40 university programs and specialties rank in the top 10 nationally. Eighteen others rank in the top 25.
The Center for World University Rankings ranks UT Austin 26th, and the Times Higher Education ranks the university 25th in the world.