California university ranked the most competitive in the country

The Institute of Technology has been rated the most competitive private doctoral-level university in the United States, boasting a tiny 2.7 percent acceptance rate.

This title was awarded to Caltech by this year's annual edition of the Almanac of Higher Education, a 128-page report that delved into a range of statistics about college and universities nationwide.

The Pasadena-based university, known for its contributions to science and engineering, is now officially harder to get into than Harvard University which accepts 3.2 percent of applicants, reported.

Load More