CHICAGO (CBS) – If you’re an alum of the Medill School of Journalism or the Kellogg School of Management, or if you painted a slogan the rock in front of University Hall, this story will be welcome news.

But if you took econ classes at Cobb Hall, spent your afternoons studying at Regenstein Library, and made a flame-throwing robot or some such for Scav Hunt, you might be disappointed.

In a new survey released last week, Forbes Magazine named Northwestern University the top undergraduate college in the Midwest. The University of Chicago came in second.

Northwestern is credited with producing “numerous Emmy Award winners, Fulbright scholarship winners, and other notable alumni,” among them former U.S. Supreme Court Justice John Paul Stevens, former White House Chief of Staff chief of staff and possible mayoral candidate Rahm Emanuel, New York Yankees manager and former Cubs catcher Joe Girardi, and comedian Stephen Colbert.

The magazine also points out that Northwestern is the only private institution in the Big 10 conference, with 19 intercollegiate athletic teams. The opportunities for internships, field studies and research in Chicago are also selling points, university spokesman Alan Cubbage told Forbes.

The U of C comes in second on the list. The magazine points out that the U of C has a slightly higher tuition rate than Northwestern, yet also a marginally higher acceptance rate, with 28 percent of students accepted rather than 27 percent.

Following the two Chicago-area institutions on the Forbes list are Carleton College in Northfield, Minn.; Kenyon College in Gambier, Ohio; the University of Notre Dame outside South Bend, Ind.; Wabash College in Crawfordsville, Ind.; Lawrence University in Appleton, Wis.; Macalester College in St. Paul, Minn.; Wheaton College in west suburban Wheaton; and DePauw University in Greencastle, Ind.

Among Illinois schools, Knox College in Galesburg came in at No. 14, while the University of Illinois at Urbana-Champaign came in at No. 19.

Overall, Forbes ranks Northwestern comes in 18th in the country.

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