(KRON) — Two Bay Area colleges are among the best in the U.S. when it comes to return on investment, according to a brand-new report. Santa Clara University and Stanford have actually been identified as among the best four-year colleges in the country when it comes to ROI, according to US News & World Report.

“Although students and families are increasingly questioning the value of higher education, a degree often still comes with economic and community benefits,” the report read. “Colleges that award bachelor’s degrees offer the highest long-term returns, while community colleges and certificate programs provide better short-term returns,” the report claimed.

Out of the 22 institutions that made the listing, US News & World Report rated Santa Clara University 2nd, behind Duke in North Carolina.

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“Santa Clara University offers bachelor’s degree-holders a return on investment of $3,381,000 after 40 years,” the report claimed. (*2*) Santa Clara University is rated 63rd total for nationwide colleges, the report claimed.

SANTA CLARA, CA – March 01: Guests and pupils take part in a news event for Julie Sullivan, inbound head of state of Santa Clara University, on Tuesday, March 1, 2022, in Santa Clara, Calif. (Photo by Dai Sugano/MediaNews Group/The Mercury News by means of Getty Images)

Further down the listing, Stanford University was rated 17th out of 22, right listed below Carnegie Mellon University in Pennsylvania.

PALO ALTO, CA – SEPTEMBER 10: A basic sight of the university of Stanford University consisting of Hoover Tower as seen from Stanford Stadium on the day of a Pac-12 university football video game in between the USC Trojans and the Stanford Cardinal played on September 10, 2022 in Palo Alto, California. (Photo by David Madison/Getty Images)

“The return on investment from a degree at Stanford University in California has a net present value of $3,872,000 after 40 years,” claimed the report. “In 2024-2025, tuition and fees cost $65,910. Students in the 2023 graduating class who borrowed to pay for college had an average total indebtedness of $21,372.” Stanford is rated fourth total for nationwide colleges, according to US News & World Report.

Here are the 22 best colleges for return on investment:

1. Duke University (NC)
2. Santa Clara University (CA)
3. Yale University (CT)
4. Harvard University (MA)
5. Worcester Polytechnic Institute (MA)
6. Cornell University (NY)
7. Columbia University (NY)
8. Georgia Institute of Technology
9. Claremont McKenna College (CA)
10. Rensselaer Polytechnic Institute (NY)
11. Massachusetts Maritime Academy
12. Georgetown University (DC)
13. Lehigh University ()
14. Stevens Institute of Technology (NJ)
15. Bentley University (MA)
16. Carnegie Mellon University ()
17. Stanford University (CA)
18. California Institute of Technology
19. University of Pennsylvania
20. Princeton University (NJ)
21. Massachusetts Institute of Technology
22. Harvey Mudd College (CA)

“Inclusion on the ‘Colleges With the Best Return on Investment’ list is a testament to the incredible value of a Santa Clara education,” claimed Santa Clara University President Julie Sullivan. “Through a combination of academic excellence, strong industry connections, and a commitment to ethical leadership, we prepare our students to thrive in their careers and make meaningful contributions to society.”

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