College vs. University
In many countries, post-secondary institutions are called universities. However, in the US, the words college and university are often used interchangeably. Some are even called institutes (e.g., Massachusetts Institute of Technology, California Institute of Technology). Within larger universities in the United States, there are different colleges or schools that represent different academic areas of study (e.g., College of Engineering, School of Business).
State Colleges and Private Colleges
Depending on where you are from, the best colleges or universities may be public or run by the national or regional/state government. But in the United States, the federal government does not manage any college or university. Instead, the governments of the individual 50 states, the District of Columbia, Puerto Rico, and other US territories have the authority to operate, fund, and (in some respects) control public colleges and universities within their boundaries.

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