<p>“Wake Forest, Boston College, William & Mary, Tufts all have to be in top 30 for any prestige list to be legit.”</p>
<p>Wake Forest is #40. It really doesn’t perform well in any category. W&M is #39 held back largely by a low revealed preference and academic score. Tufts is #36, and does ok but not great in all of the categories.</p>
<p>As for the LACs mentioned, I only ran the formula on national universities. Another formula would have to be developed for LACs as some elements of this one would not be applicable to those schools.</p>
<p>As for MIT coming out on top. I personally tend to think MIT is more prestigious, and it beats Harvard in just about every category. They tie in peer assessments (at first place), Harvard wins the WSJ ranking (but probably because less MIT kids are interested in those programs), MIT wins on the graduate program assessments, Harvard slightly edges MIT out on the revealed preferences, and MIT beats Harvard when it comes to media buzz. MIT, after all, does have a reputation as the place you go to become a science genius, which carries a lot of prestige.</p>