The odds of fighting are as difficult as winning the lottery but this is the “most valuable” university in the US: The cradle of big names like Google CEO, Yahoo, Netflix

Getting into Stanford University is a difficult task like winning a lottery.

In 2018, there were 47,451 candidates applying to Stanford University, but only 5% of them – ie 2,027 people – were admitted.

However, for those who are fortunate to become Stanford University students, this is an opportunity to invest in the future. Because, Stanford University has been the site CNBC Make It voted the “most cost-effective” university in the US in its newly announced table. This table summarizes universities that provide the highest average income compared to the tuition they have to spend.

The school itself is a big investment. Railway tycoon, former California governor Leland Stanford and his wife, Jane Lathrop Stanford – founded the University in 1855 “to teach liberal education, technology and technology that can change the whole United States.”

President Herbert Hoover is a Stanford alumni who locked “pioneering” in 1895 – the first graduate after 4 years of formal schooling. In the 1920s, he invested heavily in Stanford, founding the Hoover Institute and Stanford Graduate School of Business.

Since then, this school has become famous for its strong athletic, scientific research and great achievements of alumni. This is the training cradle of a series of successful Olympic champions, scientists and entrepreneurs.

Stanford University (Photo: David Butow | Getty Images)

Stanford University – the origin of Silicon Valley dreams

Located very close to Silicon Valley, this school also has a deep connection with technology. William Hewlett and David Packard graduated from electronics engineering at Stanford University in 1935. From their research, they founded the company in 1939 – it is the HP corporation today. In 2001, the Hewlett Foundation funded $ 400 million. It is the biggest gift that a US university has ever received.

In 1994, Jerry Yang and David Filo together created Yahoo! while still at Stanford. In 2007, Yang and his wife – Akiko Yamazaki, also a Stanford alumni – donated $ 75 million to the school.

Sergey Brin and Larry Page met in 1995 and founded Google in 1998, based on an algorithm they developed while at Stanford. Over the years, Google has funded millions of dollars for this school. According to ProPublica, Stanford has earned “a hundred million dollars by selling Google shares they have received for allowing Google to use technology developed at Stanford”.

Sergey Brin and Larry Page – co-founders of Google

Mike Krieger and Kevin Systrom – co-founders of Instagram, Reed Hastings – co-founder, chairman and CEO of Netflix, or Reid Hoffman – co-founder, chairman of LinkedIn are some of the prominent names among the University alumni. Stanford succeeds in technology.

Not only do they sponsor a lot of money for the school, they also recruit many graduates from Stanford University.

Students benefit the most from Stanford University

51% of Stanford University students are in science, technology, engineering or math (STEM). In 2017, 69% of Stanford students stayed in California after graduating and 19% worked in IT and computers. Top employers are none other than Apple, Facebook and Google.

The deep relationship with Silicon Valley helped Stanford University create a beneficial cycle: The school will train alumni with “tremendous” income, then they will return to invest in students as well as funding for school. Currently, according to the US Department of Education, Stanford is the 5th largest university in the country, worth 26.5 billion USD.

Stanford University leads CNBC Make It’s BXH thanks to its financial support for low and middle-class students.

According to Stanford’s 2019-2020 school year education budget analysis report, the cost here is US $ 52,857 / year, of which accommodation costs are US $ 16,433. It is estimated that each student will have to spend 1,905 USD for student fees, 1,245 USD for books and school supplies, as well as 2,130 USD for personal expenses.

Thus, excluding travel expenses, each Stanford University student will cost 74,570 USD / year. After 4 years, the cost of studying at the school can be up to 300,000 USD. However, many students do not pay for this money because of scholarships and grants.

According to Stanford, students from families with incomes below 65,000 USD / year will have a scholarship of 74,095 USD / year. Students coming from families with an income of USD 65,000-95,000 will receive scholarships at USD 65,050 / year.

According to the school, only 18% of students graduate with tuition debt. On average, each student often owes about $ 13,000.

“Stanford does not want students to be in debt to meet their needs,” said EJ Miranda, Public Relations Manager at Stanford University. “⅔ of Stanford students receive financial aid, 50% receive demand-based scholarships, and 80% graduate students without any debt.”

Stanford is the No. 1 choice

In the CNBC chart, private universities and public universities are evaluated completely separately. However, even when compared to the University of Washington-Seattle – the leading public university in the United States, Stanford is still the best choice for students from fixed income tax groups.

Stanford University also defeated many other prestigious Ivy League schools (Princeton University, Harvard University, and Yale University), as well as STEM education schools (University of Chicago, CalTech and MIT).

All of these schools offer a large return on investment for students, but this year alone, Stanford University is the wisest investment.

Top 5 most valuable private universities in the US according to CNBC

1. Stanford University

2. Princeton University

3. University of Chicago

4. California Institute of Technology (CalTech)

5. Harvard University

* These are universities that provide the highest average income compared to the tuition they have to spend.