University of Chicago is one of America's best colleges

CHICAGO (WLS) -- The University of Chicago is moving up on the list of America's best schools.

U.S. News & World Report released Tuesday its 2017 Best Colleges rankings, which are based on several factors, including graduation rate, teacher-student ratio and ACT and SAT scores.

This year, the University of Chicago tied for third with Yale in the Best National Universities category. Last year, UChicago tied for fourth.

This year, Princeton took the top spot, followed by Harvard.

Here are the Top 10 Best National Private Universities:

1. Princeton University (NJ)

2. Harvard University (MA)

3. University of Chicago (IL) (tie)

3. Yale University (CT) (tie)

5. Columbia University (NY) (tie)

5. Stanford University (CA) (tie)

7. Massachusetts Institute of Technology

8. Duke University (NC) (tie)

8. University of Pennsylvania (tie)

10. Johns Hopkins University (MD)

Here are the Top 10 Best National Liberal Arts Colleges:

1. Williams College (MA)

2. Amherst College (MA)

3. Wellesley College (MA)

4. Middlebury College (VT) (tie)

4. Swarthmore College (PA) (tie)

6. Bowdoin College (ME)

7. Carleton College (MN) (tie)

7. Pomona College (CA) (tie)

9. Claremont McKenna College (CA) (tie)

9. Davidson College (NC) (tie)

Here are the Top 5 Best National Public Universities:

1. University of California-Berkeley

2. University of California-Los Angeles (tie)

2. University of Virginia (tie)

4. University of Michigan-Ann Arbor

5. University of North Carolina-Chapel Hill

Here are the Top 5 Best National Public Liberal Arts Colleges:

1. United States Naval Academy (MD)

2. United States Military Academy (NY)

3. United States Air Force Academy (CO)

4. Virginia Military Institute

5. New College of Florida