University of Columbia drops from No. 2 to No. 18

Former President Barack Obama and founding father Alexander Hamilton are among Columbia University's alumni.

The university dropped to No. 18 in U.S. News & World Report's annual college rankings.

It happened after incorrect data had been submitted.

The Ivy League institution had ranked No. 2 in the annual list in 2021.

Its annual analysis, which was released on Monday.

Besides bragging rights for top universities, the magazine's rankings are used to recruit students.

In U.S. News & World Report's Sunday article, it "relies on schools to accurately report their data,"

It includes information on issues ranging from graduation rates to the share of faculty holding terminal degrees.

The highest degree available within specific fields inclusive to this.