09 - 09 - 2010 State College is ranked the 2nd best college town in US
(CDT) The State College area has earned the #2 spot in a ranking of best college towns, 2nd only to Ithaca, NY. This is the areaâs 2nd year ranked as 2nd best college town with fewer than 250,000 residents by the American Institute for Economic Research. The rankings are based on data collected in 12 categories including cost of living, student diversity, how much research goes on, income & options for arts & entertainment. The annual report also names top college towns for small cities, midsize metros & major metros.