Private colleges and universities in Texas are earning rave reviews, with many routinely earning spots on national lists of the best higher education institutions. Rice University in Houston is a leading research university with a $4.5 billion endowment, and is currently ranked among the nation's Top 20 Universities by U.S. News & World Report. In addition, The Princeton Review ranked Rice first for Best Quality of Life and Happiest Students in its 2012 edition. At Southern Methodist University outside Dallas, the school enjoys a $1.4 billion endowment and is also listed among the Top 20 Universities by U.S. News & World Report. Businessweek has also recognized SMU's Cox School of Business as No. 6 nationally for highest SAT scores. Best Value Baylor Baylor University in Waco has a $1 billion endowment and is listed second in the nation by The Princeton Review for marketing programs, plus Baylor is touted as one of America's Best Values in Private Colleges for 2012-13 by Kiplinger’s Personal Finance. Several publications also recognize the university for its robust spending on campus upgrades over the years. “Baylor completed nearly a half-billion dollars in capital projects over the last decade and has more than $120 million in capital projects currently under way, all scheduled for completion in 2013,” says Lori Fogleman, director of media communications at Baylor. “As for another national recognition, the university's entrepreneurship program is rated among the nation's best by U.S. News & World Report.” Abilene Christian and Trinity At a couple of other private universities in Texas, Abilene Christian in Abilene earned a fifth-place spot on Guide to Online School's 2012 Online College Rankings, and Trinity University in San Antonio took first-place honors in U.S. News & World Report's 2012 Regional University Rankings in the West region. Trinity is also named one of the nation's Best Values in Private Colleges for 2011-12 by Kiplinger's Personal Finance.