The University of Houston is one of the best schools for your money. Photo courtesy of University of Houston

A Houston school is among the head of the class when it comes to bang for your buck. This, according to a recent survey from College Factual, which ranked the best colleges for your money in the Southwest.

The University of Houston comes in at No. 7 on College Factual's list. Seven Texas colleges also score high marks.

Austin College in Sherman, north of Dallas, took the No. 2 spot on the list, and is the highest-ranked Texas college. Following it are Texas Tech University (No. 3), St. Mary's University in San Antonio (No. 5), Texas Lutheran University in Seguin (No. 6), Southwestern University in Georgetown (No. 8), and Trinity University in San Antonio (No. 9).

The three non-Texas colleges that joined them in the top 10?

Ranking first in the Southwest region was St. John's College in Santa Fe, followed by Oklahoma City University (No. 4) and University of Tulsa (No. 10).

To come up with the rankings, College Factual analyzed over 2,000 colleges and universities to determine which ones are best in a variety of categories, such as overall value, quality, diversity, and which schools are the best for each major.

For example, St. Mary's University, a Marist liberal arts school located on the West Side of San Antonio, earned 28 badges, and its highest-ranked major was business administration and marketing. With an average tuition cost of $26,726 and an average of 4.2 years to graduate, St. Mary's earned the No. 5 spot in the Southwest and third in Texas. The study also highlighted the school's 12-to-1 faculty to student ratio, better than the national 15-to-1 average.

Austin College, which landed ahead of St. Mary's at No. 2, is a small, private not-for-profit school that awarded 342 bachelor's degrees in 2018-2019, the report says.

"It takes about 4.1 years for the average student at Austin College to complete their degree, and on average, the annual cost to attend the school is $27,662," they say. "Thus, the average cost to get a bachelor's degree from the Austin College is $112,861. Graduating sooner can prevent you from having to pay more money out of pocket."

Much larger Texas Tech University, No. 3 in the rankings, awarded 6,599 bachelor's degrees in 2018-2019.

"You'll join some of the best and brightest minds around if you attend Texas Tech University," the report says. "The average student at Texas Tech graduates in less than 4.5 years, and it costs about $26,528 per year to attend the school. This means that the average student pays around $119,907 to get a bachelor's degree from Texas Tech. The sooner a student graduates, the more money they can save."

It's been a banner year for the University of Houston, which just raised a massive $1.2 billion in a recent capital campaign.

Read the entire report here.

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This article originally ran on CultureMap.

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Houston space tech company snags $9.5M contract, sets launch date for lunar mission

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Business at Houston-based space exploration company Intuitive Machines is taking off on two fronts.

First, Intuitive Machines has landed a nearly $9.5 million Air Force contract to develop technology for NASA’s Gateway project, the first space station that will orbit the moon. Specifically, the technology will support a high-powered nuclear fission system that will supply electricity for satellites, bypassing the need for power from solar, battery, or fuel-cell sources.

“As space exploration ventures become more ambitious and diverse, the need for efficient and reliable power sources in space is paramount,” Pete McGrath, vice president of business development at Intuitive Machines, says in a news release. “Developing the ability to expand power sources beyond solar, which requires heavy battery storage, could remove the burden of constantly worrying about a spacecraft’s arrays relative to the sun, and potentially deliver long-term stability for satellites that would otherwise lose power over time.”

Second, Intuitive Machines has set January window for the launch of its IM-1 lunar mission in conjunction with private aerospace company SpaceX. The liftoff is targeted for a multiday window that opens January 12, 2024.

“There are inherent challenges of lunar missions; schedule changes and mission adjustments are a natural consequence of pioneering lunar exploration,” Steve Altemus, co-founder, president, and CEO of Intuitive Machines, says in a news release. “Receiving a launch window and the required approvals to fly is a remarkable achievement, and the schedule adjustment is a small price to pay for making history.”

The IM-1 mission will be the company’s first attempted lunar landing as part of NASA’s commercial payload initiative.

Intuitive Machines went public earlier this year via SPAC. Co-founder Tim Crain shared a bit of the origin story of the company on a recent episode of the Houston Innovators Podcast.


Houston sustainable chemicals unicorn to build Midwestern biomanufacturing facility

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Solugen has scored a partnership with a global company to build a biomanufacturing facility adjacent to an existing corn complex in Marshall, Minnesota.

Solugen, a Houston company that's designed a process that converts plant-derived substances into essential materials, has announced its newest strategic partnership with sustainable solutions company ADM (NYSE:ADM). The partnership includes plans for Solugen to build a 500,000-square-foot biomanufacturing facility next to an existing ADM facility in the Midwest. The two companies will collaborate on producing biomaterials to replace fossil fuel-based products.

“The strategic partnership with ADM will allow Solugen to bring our chemienzymatic process to a commercial scale and meet existing customer demand for our high-performance, cost-competitive, sustainable products,” Gaurab Chakrabarti, co-founder and CEO of Solugen, says in a news release. “As one of the few scaled-up and de-risked biomanufacturing assets in the country, Solugen’s Bioforge platform is helping bolster domestic capabilities and supply chains that are critical in ensuring the U.S. reaches its ambitious climate targets.”

The company plans to begin on-site construction early next year, with plans to startup in the first half of 2025. The project should create at least 40 permanent jobs and 100 temporary construction positions.

“Sustainability is one of the enduring global trends powering ADM’s growth and underpinning the strategic evolution of our Carbohydrate Solutions business,” Chris Cuddy, president of ADM’s Carbohydrate Solutions business, says in the release. “ADM is one of the largest dextrose producers in the world, and this strategic partnership will allow us to further diversify our product stream as we continue to support plant-based solutions spanning sustainable packaging, pharma, plant health, construction, fermentation, and home and personal care.”

Founded in 2016 by Chakrabarti and Sean Hunt, Solugen's carbon-negative molecule factory, named the Bioforge, uses its chemienzymatic process in converting plant-sourced substances into essential materials that can be used instead of fossil fuels. The manufacturing process is carbon neutral, and Solugen has raised over $600 million from investors that believe in the technology's potential.

“The initial phase of the project will significantly increase Solugen’s manufacturing capacity, which is critical for commercializing our existing line of molecules and kicks off plans for a multi-phase large-scale U.S. Bioforge buildout,” Hunt, CTO of Solugen, says in the release. “The increase in capacity will also free up our Houston operation for research and development efforts into additional molecules and market applications.”

The project should create at least 40 permanent jobs and 100 temporary construction positions.

"As a community with a strong foundation of agriculture and innovation, we look forward to welcoming Solugen to Marshall. This industry-leading facility will serve as a powerful economic driver for the city, creating new jobs and diversifying our industry,” City of Marshall Mayor Bob Byrnes says in the statement. "We are thankful for ADM’s longstanding commitment and impact to Marshall, which has paved the way for this remarkable partnership and continues to further economic growth to our region."

It's the second major company partnership announcement Solugen has made this month, with a new arrangement with Sasol being secured last week.

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This article originally ran on EnergyCapital.