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<p>Shall we explore some more data? I would never say, categorically, that all elite schools have more talented faculty than all non-elite schools. But look at the numbers for average salary. If you think salary does not matter, look at the numbers for significant awards such as Nobels, Pulitzers, MacArthur or Fields prizes. Look at studies of research volume or citation densities.</p>
<p>Hawkette has posted some lists on CC for average class sizes. The so-called elite schools tend to have much higher faculty:student ratios. Each student (or parent) has to decide whether small classes matter very much. Personally, I don’t know how a good seminar discussion could be managed well in a class of over 50 students. So if Berkeley (undergraduate) really is just as good as Yale (which I think is debatable), I would suppose this is in spite of larger classes, certainly not because of them.</p>
<p>Hillary mentioned wonderful libraries. What makes a library wonderful? The number of volumes must be one important factor. Some highly regarded, large state universities (Texas, Illinois, Michigan, Wisconsin) do have large libraries, but by and large, elite private universities (Harvard, Yale, Princeton, Columbia, Cornell, Chicago) disproportionately have occupied the top of the list. To your average undergraduate completing a term paper, maybe this does not matter. To attract the best faculty, it matters.</p>
<p>What about money? It matters for scholarship aid, it matters for facilities, it matters for all sorts of things. With one exception (Bryn Athyn College), every one of the top 25 schools ranked by endowment per student is a prestigious “elite” school.</p>
<p>How about innovation, invention and discovery, historically? Let’s not even go there because the list of major contributions by elite universities would get rather long indeed. </p>
<p>Yes, you can get an excellent education at many lesser known schools. I’m all for looking far beyond the Ivy League. I definitely would not want any child of mine picking a school for the name alone. I recommend the Colleges That Change Lives list often. But, to a high degree, there is good objective data to back up the reputations of America’s elite schools.</p>