Harvard University in the United States has been ranked as the university with the best "reputation" in the world. The Times Higher Education magazine has listed 200 top universities all over the world based on how they are regarded by a group of international college teachers. That is to say the list measures how universities are regarded, rather than how they actually performed. A subjective, word-of-mouth quality such as "reputation" has genuine economic value for universities, said Simon Marginson, professor of higher education at the University of Melbourne in Australia. "Reputation is not just an impression, though it might be not as reliable as performance by objective indicators ," said Prof Marginson. Based on the views of 13,000 college teachers around the world, it confirms the power of the big US universities, which _ this list. Seven of the top 10 are US universities, headed by Harvard and Massachusetts Institute of Technology (MIT). Furthermore, 14 of the top 20 are from the US. Cambridge is the highest ranking UK university in the list, in third place, with Oxford ranked as sixth. For students applying to university, reputation might be hard to quantify, but was an important part of the attractiveness, said the president of Cambridge University's students' union, Rahul Mansigani. "Reputation makes a huge difference. If there is an idea that somewhere is great, it will get lots of good people applying whether it's true or not. Factors such as a sense of history and the presence of outstanding college teachers were part of the reputation of Cambridge," he said. What can be inferred from the text?
No Asian universities are among the Top 10. At least five UK universities are among Top 20. The Times Higher Education magazine is from the US. Reputation affects students' decisions when choosing universities.