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KNOXVILLE, Tenn. — The University of Tennessee-Knoxville is 45th best among 147 national public universities as ranked by U.S. News and World Report.

UT-Knoxville also was ranked as the 28th best value among the 228 national public and private universities in the report.

The university’s undergraduate business program was rated 32nd out of 327 programs surveyed, and undergraduate engineering is 62nd of 314 similar programs.

The information is in the U.S. News guidebook, “1999 America’s Best Colleges,” available Aug. 23 at bookstores and newsstands.

Last year, UT-Knoxville ranked 44th among public universities in 1998. Best value, business and engineering schools were not rated last year.

Chancellor Bill Snyder said hard work by faculty and staff enabled UT-Knoxville to maintain its position in the top 50 despite a lack of additional state funding.

“These rankings are remarkable because UT-Knoxville has continued to provide quality programs and good value, though we have received no new operating money from the state in recent years,” Snyder said.

“With an infusion of adequate funds, UT-Knoxville has the potential to rate even higher among the nation’s top universities.”

Dr. John Peters, UT-Knoxville provost, said the best value ranking is a significant achievement.

“These ratings are a valuable tool for prospective students seeking a choice for college,” Peters said. “To be ranked in the top 15 percent with the Harvards, Stanfords and Virginias indicates investment of dollars at UT-Knoxville generates a good return.”