Surprising Dallas suburb makes new list of best college towns in U.S.

Dallas' spirited neighbor Plano has entered the spotlight as the No. 16 best midsize college town in the U.S., while Dallas ranks among the best largest college towns, a new study by WalletHub has proclaimed.

While Plano might not be thought of as a "college town," it is home to primary campuses of Collin College (Spring Creek Campus and the Courtyard Center); Collin College has an annual enrollment of over 60,000 students. To qualify for the study, a city must have a university or college population of at least 7,500 students.

To determine the best college towns, WalletHub analyzed 415 cities based on their "wallet-friendliness," social environment, and academic and economic opportunities for college graduates. Cities are ranked overall and are sorted into one of three population categories: large, midsize, and small cities.

Several North Texas cities were represented across the three rankings by population, but none ranked higher than Plano. This Dallas suburb ranked as the 54th best college town in the nation overall, and ranks as the third-best college town in Texas.