Forbes: Rice best university in Texas, 32nd in U.S.

Rice University is the best college in Texas and 32nd in the nation, according to the latest college rankings by Forbes.

The annual rankings put Rice at third in the south, and said the southern ivy was the 18th best research university in the country. The University of Texas at Austin also made the top 100 in the U.S., coming in at No. 76. UT was 10th in the south and the 37th best research university, according to the rankings.

Texas A&M University didn't fare as well, landing at 137th in the nation and fifth in Texas. The University of Houston, meanwhile, was 389th in the nation.

The rankings look at student satisfaction, graduation rates, career success and student debt, among other things.

Time Magazine also released a list of their own that ranks which universities give the most bang for the buck. Check out the gallery above to see where other Texas colleges rank on Forbes' and Time's list.