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They give more than just the HL credits. My daughter who had an IB diploma picked SUNY Bing because of the IB credits.
"Students in the International Baccalaureate Diploma Program may receive up to 32 credits. To receive the full 32 credits, the following conditions must be met:
The IB Diploma must be completed with a score of 30 or more points; and
The student must complete at least three Higher Level exams with a score of 5 or higher.
Diploma holders who meet these conditions receive credit for their individual exam scores plus additional liberal arts elective credit to total 32 credits."
https://www.binghamton.edu/harpur/advising/transfer-credit-evaluation/ib-credits.html