LOS ANGELES (CBSLA.com) — Move over, Harvard, Yale, and Princeton: a small Southern California liberal arts college is now the second-best in the nation, according to a survey released Wednesday.

Forbes Magazine ranked Pomona College in Claremont ahead of the more prestigious Ivy League campuses in its “America’s Top Colleges” list for 2013, with Stanford University claiming the top spot overall.

The rankings of 650 colleges and universities conducted by Forbes and Washington, D.C.-based Center for College Affordability and Productivity (CCAP) focused heavily on students’ return-on-investment rather than traditional admissions criteria, using a dozen factors including post-graduate success and student debt.

Pomona College President David Oxtoby told KNX 1070 NEWSRADIO he’s thrilled to see the school with just over 1,500 undergraduate students land on the national radar.