Complex sentence: The College of Engineering is ranked 2nd in the nation, after MIT, according to the 2010 U.S. News & World Report rankings, and houses one of the most highly regarded and prestigious engineering programs in the world.
Split into simpler sentences: The College of Engineering is ranked 2nd in the nation, after MIT, according to the 2010 U.S. News & World Report rankings. The college houses one of the most highly regarded and prestigious engineering programs in the world.