<p>It's based on faculty research, and combines UT with UT Southwestern Med School and UT Medical Branch, which are officially different universities. The med schools are no longer included with UT and the rank has dropped a bit since 2004 (but they are still in the top 50 I believe).</p>
<p>I personally do feel that using research criteria, the UT system is one of the top two university systems in the US and the world next to Cal. If you consider the system with those in that listing, its research output is equal or greater and it truly is in the top 15 in the world.</p>
<p>UT also is known as being an excellent school for most graduate departments and doctoral candidates. There are great opportunities for post-grad study at UT, and affordable costs as well. For grad school, I would say to pick UT over many of the Ivies, particularly those that claim to be "undergrad focused," such as Princeton and Dartmouth.</p>
<p>Undergraduate education is not UT's focus, and that is what is rewarded in the US News rankings. That is not to say undergrads are neglected, there are a lot of professors who love teaching and are happy to do so (particularly in Plan II). However, you have a lot of researchers there as well. Kids shouldn't be surprised to end up in 300 kid introductory classes, to not know the professor personally, to have a non-English speaking TA, etc. This is why Princeton is #1 in the US News and UT is #45--the rankings are only focusing on certain aspects of undergraduate education and not the entire university.</p>
<p>UT is NOT the 15th best undergraduate university as a whole. I will definitely give that to you.</p>
<p>If you consider the entire University, and all of its resources (including those of the entire system and not just the Austin campus), then UT is one of the best universities in the world.</p>
<p>You can't just look at US News. You have to look at your major and your department too. Business is a top-ten program. Comm is one of the best programs in the world. Engineering is also strong. On the other hand, the offerings of Liberal Arts and Natural Sciences, asides from the honors programs, are known for being rather uninspiring.</p>
<p>Plus you can look at Princeton Review and see that, apart from a strong academic side, UT has some of the best social opportunities on campus. They also have the #1 job placement ranking in the country, so things are going well at Texas.</p>
<p>Look at all of the numbers and not just one and you will see a much broader picture, one not just based on "how prestigious is your college," "endowment per student," "tenured faculty," "class size," etc. which are designed to protect the ranking and status of the elite private universities of the country.</p>