Rice University is one of the best colleges in the U.S. for your money. Photo courtesy of Rice University

College tuition is a concern for many Americans, but here in Houston, there are options that make it a little easier on the wallet. Money magazine recently unveiled its Best Colleges for Your Money for 2019-20, and three local universities made the cut.

Money's annual report is an analysis of the country's institutions of higher education, "ranging from elite colleges and public universities to smaller specialized colleges."

In order to determine the best colleges, Money compared each school based on three points, all weighted equally to find the final score:

  • Quality of education: Graduation rates, student-to-faculty ratio, Pell Grant recipients, etc.
  • Affordability: Net costs, time it takes to earn a degree, amount of money borrowed, and student-loan default and repayment rates after graduation.
  • Outcomes: Post-graduation salaries, socioeconomic background of the student body, and mix of majors.

Houston schools
Topping the local list is Rice University at No. 24 out of 744 schools. On average, tuition at Rice will cost $66,000 for the 2019-20 school year, but students will only pay an average of $25,800 after grants.

The school also has an outstanding ratio of debt ($11,200) to early career earnings ($69,200).

In the 236th spot is the University of Houston. UH's tuition is estimated to be $26,100 for the upcoming year, but students pay an average of $16,700 after financial aid.

UH's students have a reasonable ratio of debt to early career earnings: $19,250 to $55,000, respectively.

University of St. Thomas was the only other local school to appear on the list. At No. 431, St. Thomas has an estimated tuition of $48,600 for the upcoming year, but students pay an average of $20,500, thanks to grants.

The school's ratio of debt to early career earnings is similar to UH's: $22,500 to $49,500, respectively.

Texas and beyond
Texas A&M ranked best in Texas at No. 18. On average, tuition will cost $29,700 for the 2019-20 school year, but Aggies will only pay an average of $20,900 after grants.

The College Station school also had a solid ratio of debt ($18,520) to early career earnings ($59,000).

In total, Texas has 21 institutions on the list, including The University of Texas at Austin (No. 28), The University of Texas Rio Grande Valley (No. 193), and The University of Texas at Dallas (No. 271).

Meanwhile, the top five best colleges for your money are: University of California - Irvine, City University of New York - Baruch College, Princeton University, University of California - Los Angeles, and University of California - Davis.

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This article originally appeared on CultureMap.

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Houston team develops low-cost device to treat infants with life-threatening birth defect

infant innovation

A team of engineers and pediatric surgeons led by Rice University’s Rice360 Institute for Global Health Technologies has developed a cost-effective treatment for infants born with gastroschisis, a congenital condition in which intestines and other organs are developed outside of the body.

The condition can be life-threatening in economically disadvantaged regions without access to equipment.

The Rice-developed device, known as SimpleSilo, is “simple, low-cost and locally manufacturable,” according to the university. It consists of a saline bag, oxygen tubing and a commercially available heat sealer, while mimicking the function of commercial silo bags, which are used in high-income countries to protect exposed organs and gently return them into the abdominal cavity gradually.

Generally, a single-use bag can cost between $200 and $300. The alternatives that exist lack structure and require surgical sewing. This is where the SimpleSilo comes in.

“We focused on keeping the design as simple and functional as possible, while still being affordable,” Vanshika Jhonsa said in a news release. “Our hope is that health care providers around the world can adapt the SimpleSilo to their local supplies and specific needs.”

The study was published in the Journal of Pediatric Surgery, and Jhonsa, its first author, also won the 2023 American Pediatric Surgical Association Innovation Award for the project. She is a recent Rice alumna and is currently a medical student at UTHealth Houston.

Bindi Naik-Mathuria, a pediatric surgeon at UTMB Health, served as the corresponding author of the study. Rice undergraduates Shreya Jindal and Shriya Shah, along with Mary Seifu Tirfie, a current Rice360 Global Health Fellow, also worked on the project.

In laboratory tests, the device demonstrated a fluid leakage rate of just 0.02 milliliters per hour, which is comparable to commercial silo bags, and it withstood repeated disinfection while maintaining its structure. In a simulated in vitro test using cow intestines and a mock abdominal wall, SimpleSilo achieved a 50 percent reduction of the intestines into the simulated cavity over three days, also matching the performance of commercial silo bags. The team plans to conduct a formal clinical trial in East Africa.

“Gastroschisis has one of the biggest survival gaps from high-resource settings to low-resource settings, but it doesn’t have to be this way,” Meaghan Bond, lecturer and senior design engineer at Rice360, added in the news release. “We believe the SimpleSilo can help close the survival gap by making treatment accessible and affordable, even in resource-limited settings.”

Oxy's $1.3B Texas carbon capture facility on track to​ launch this year

gearing up

Houston-based Occidental Petroleum is gearing up to start removing CO2 from the atmosphere at its $1.3 billion direct air capture (DAC) project in the Midland-Odessa area.

Vicki Hollub, president and CEO of Occidental, said during the company’s recent second-quarter earnings call that the Stratos project — being developed by carbon capture and sequestration subsidiary 1PointFive — is on track to begin capturing CO2 later this year.

“We are immensely proud of the achievements to date and the exceptional record of safety performance as we advance towards commercial startup,” Hollub said of Stratos.

Carbon dioxide captured by Stratos will be stored underground or be used for enhanced oil recovery.

Oxy says Stratos is the world’s largest DAC facility. It’s designed to pull 500,000 metric tons of carbon dioxide from the air and either store it underground or use it for enhanced oil recovery. Enhanced oil recovery extracts oil from unproductive reservoirs.

Most of the carbon credits that’ll be generated by Stratos through 2030 have already been sold to organizations such as Airbus, AT&T, All Nippon Airways, Amazon, the Houston Astros, the Houston Texans, JPMorgan, Microsoft, Palo Alto Networks and TD Bank.

The infrastructure business of investment manager BlackRock has pumped $550 million into Stratos through a joint venture with 1PointFive.

As it gears up to kick off operations at Stratos, Occidental is also in talks with XRG, the energy investment arm of the United Arab Emirates-owned Abu Dhabi National Oil Co., to form a joint venture for the development of a DAC facility in South Texas. Occidental has been awarded up to $650 million from the U.S. Department of Energy to build the South Texas DAC hub.

The South Texas project, to be located on the storied King Ranch, will be close to industrial facilities and energy infrastructure along the Gulf Coast. Initially, the roughly 165-square-mile site is expected to capture 500,000 metric tons of carbon dioxide per year, with the potential to store up to 3 billion metric tons of CO2 per year.

“We believe that carbon capture and DAC, in particular, will be instrumental in shaping the future energy landscape,” Hollub said.

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This article originally appeared on our sister site, EnergyCapitalHTX.com.