Even before U.S. universities lost billions of dollars in federal research funding and international students struggled to obtain visas, America’s dominance in research impact and global reputation was waning. According to the latest rankings from Times Higher Education, the U.S. has continued to cede influence to universities in Asia.

For several years, the rankings from Inside Higher Ed’s parent company have documented a steady decline in the U.S.’s leadership in global higher education. The 2026 World University Rankings reflect that ongoing trend: Just 102 universities from the United States cracked the top 500—the lowest figure on record, down from a high of 125 in 2018. (The rankings started in 2004.)

The downward trend is less apparent in the overall top 10, where seven U.S. institutions appear. The Massachusetts Institute of Technology is the highest-ranking American institution, coming in at No. 2, just behind the top-ranked University of Oxford. According to THE, Princeton University recorded an institutional best score to tie for third.

But institutions farther down the list have slipped. Twenty-five colleges logged their worst-ever scores while 62 dropped in the rankings, which uses 18 measures to judge institutions on five areas including teaching, research quality and international outlook.

The 2026 rankings of more than 2,100 institutions are based on data collected from 2022 and 2023 and don’t reflect the Trump administration’s push to reshape American higher education. They don’t show what impact cuts to research funding and the crackdown on international students might have on U.S. institutions’ position on the global stage. Those changes could lead to a further decline for U.S. institutions in the rankings, though Ellie Bothwell, THE rankings editor, said what future rankings might show is hard to predict.

“Any country that cuts research funding, that limits internationalization of higher education, would be in danger of declining in the ranking,” she said. “Those are key things that we measure. Those are important things that universities do. There’s always going to be a risk if you cut those. There’ll be a decline, but it’s all relative, so it does also depend what goes on elsewhere.”

Looking at the overall 2026 rankings, Bothwell called the decline for the U.S. “striking,” adding that the drop reflects increased global competition. American institutions on average received lower scores on measures related to research, such as citation impact, as well as research strength and reputation.

Meanwhile, Asian universities continue to climb the rankings. Five universities from China are now in the top 40, and 18 achieved their highest ranks ever, according to THE.

THE’s chief global affairs officer, Phil Baty, said in a statement that the latest data suggests higher ed is moving toward a new world order with an Eastern center of gravity.

“This year’s rankings highlight a dramatic and accelerating trend—the shift in the balance of power in research and higher education excellence from the long-established, dominant institutions of the West to rising stars of the East,” Baty said.

He predicted that U.S. institutions and those in Western Europe would continue to lose ground to their East Asian counterparts in the rankings. “This clear trend is set to persist as research funding and international talent attraction continue to be stymied in the West,” he added.