MIT ranked best university in the world by QS

LONDON, Sept. 17 (UPI) -- QS released its 2014-2015 world's best college rankings, putting the Massachusetts Institute of Technology at the top.

The U.S. and the U.K. share the top ten slots with six American universities and four British universities. MIT, Harvard, Stanford, Caltech, Princeton and Yale ranked in the top 10 from the U.S. University of Cambridge and the Imperial College of London were tied for second place with Oxford and University College London following behind in a tie for fifth.

The British universities were ranked best for seeing their graduates get jobs after graduation. Harvard, however, is the place where people who want to rank in the most money should go as it was the top school for billionaire alumni.

"In the wake of the recession, both governments and private sector funding sources are placing greater emphasis on high-impact STEM (science, technology, engineering and mathematics) research, much of which takes place in specialist institutions," Ben Sowter, QS head of research, said in statement.