2022 best colleges in Alaska

Alaska is unmatched when it comes to finding high-quality education in a rural setting for a great price. Alaska offers one of the  least expensive in-state tuition costs nationwide, with average tuition and fees  just over $6,000 per year. The state’s largest university is the University of Alaska, with campuses in Anchorage, Fairbanks, and Juneau.  Alaska Pacific University earns recognition for its exceptional Nordic ski team. Alaska is also home to Ilisagvik College, a public tribal college and the northernmost accredited community college in the United States.

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Net cost: The median annual cost of all students that receive any aid. This does not refer to the “sticker price”, the price listed by the college.

Earnings: The median earnings of all bachelor-level students 10 years after enrollment. This includes both students that do and do not graduate, across all majors.

Payback: The amount of time in years it takes to pay off the median net cost by the median earnings. For this calculation, the median earning of high school graduates (in the school’s home state) are deducted from the median earnings.

Earningsplus: The difference between the school’s median earnings and the median earnings for all schools in the same state.

Rankings: The ranking order is based on the economic score. The economic score is calculated using a school’s payback and earningsplus performance.

Net cost
Payback
Earnings
EarningsPlus
Rankings
Ranking methodology

University of Alaska Fairbanks

Fairbanks, Alaska

Economic score: 2.68

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

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Net cost: $10,333

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 2.5 years

Average time in years to pay back educational costs.

Earnings: $43,728

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $2,560

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 68%
Graduation rate: 33%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

University of Alaska Anchorage

Anchorage, Alaska

Economic score: 2.76

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

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Net cost: $12,995

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 2.9 years

Average time in years to pay back educational costs.

Earnings: $47,891

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $1,603

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 77%
Graduation rate: 34%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

Alaska Pacific University

Anchorage, Alaska

Economic score: 3.96

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

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Net cost: $18,602

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4 years

Average time in years to pay back educational costs.

Earnings: $47,267

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $979

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 91%
Graduation rate: 42%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.

University of Alaska Southeast

Juneau, Alaska

Economic score: 4.41

The economic score is calculated using two factors: 1) how fast students are able to payback their educational investment with new earnings and 2) how much alumni earn compared to all alumni in the same state, 10 years after enrollment. These two factors are referred to as payback and earningsplus.

These scorings are based on the most recent data released by the U.S. Department of Education’s College Scorecard and the Integrated Postsecondary Education Data System (IPEDS).

View school
Net cost: $11,787

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3.9 years

Average time in years to pay back educational costs.

Earnings: $40,727

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $5,561

How much more/less money the median student earns against all bachelor students in the same state, same enrollment year.

Admission rate: 64%
Graduation rate: 40%

Schools with a graduation rate in the bottom 50% in their state are shown in red. Schools in the bottom 25% nationally are put to the end of the ranking list.