CHARLOTTESVILLE, Va., Sept. 22 -- The University of Virginia issued the following news release:

U.S. News and World Report media company has named the University of Virginia the No. 4 public college in the country in its annual rankings, released Tuesday.

In its"2027 Best Colleges" report, the news outlet also ranked UVA the No. 4 best-value public school. Overall, U.S. News named the University the No. 26 school in the nation out of 422 institutions. The Massachusetts Institute of Technology, Princeton University and Harvard University were Nos. 1, 2 and 3.

The report listed the University's 95% graduation rate as the highest among all public schools, a distinction it has held since 2003.

U.S. News also ranked the University No. 4 amon...