The Forbes list of top colleges comes out

Forbes has released its annual ranking of America’s top 25 colleges with the usual cast of schools leading the pack.

Seven out of eight Ivy League Schools land in the top 20, Cornell University is listed as 29.

Stanford University, Williams College, Princeton University and Harvard University top the list in that order. This year’s full list will be published online on Wednesday.

The ranking also shows the average cost of tuition and fees for the 2015-2016 academic year was $32,405 at private colleges and $9,410 for state residents at public colleges. For out-of-state students attending public colleges the average tuition was significantly higher at $28,893.

According to Forbes, more then half — 55 percent — of the students seeking a higher education at the nation’s top 100 schools, receive some institutional grants from their college.

And while in the last decade colleges, private and public schools, have paid more attention to reducing the list price on tuition through scholarships, grants and other institutional aid, student loan debt remains huge at about $1.26 trillion.

This story was originally published July 5, 2016 at 11:19 AM with the headline "The Forbes list of top colleges comes out."