<p>"50 years ago Stanford was a second-rate community college. "</p>
<p>I don’t believe Stanford was ever a community college. Hewlett Packard was started in 1939 by two Stanford grads but looking up Walter Hewlett’s bio, I see his father joined Stanford medical school faculty back in 1916.</p>
<p>[William</a> Redington Hewlett - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/William_Redington_Hewlett]William”>Bill Hewlett - Wikipedia)</p>
<p>I also remember seeing 82% yield for Harvard this year.</p>