<p>osprey, the USNWR rankings are not widely accepted. They are certainly popular among uneducated/uninformed parents and among school children, but you will not see highly educated people quote the USNWR rankings, nor will recruiters at top companies or admissions committee members at top graduate schools look at those rankings. </p>
<p>Besides, even the USNWR’s reputational score gives public universities pretty decent ratings. Cal and Michigan are rated as highly as most Ivies and other top private universities. UCLA, UNC and UVa are not far behind. I only bring this up because you said above that those 5 publics lack the reputation of top private universities. That is obviously not the case.</p>
<p>You also say that the top publics lack the resources and funding of top private universities. I am not sure I agree with that statement. For one thing, Michigan and UVa are among the wealthiest universities in the US. Not including HYPSM, which are obviously in a league of their own, Michigan is the wealthiest university in the US and UVa is among the 10 wealthiest. Even on a per capita basis, both are among the 20 or 25 wealthiest universities in the nation. For another, between state funding and tuition revenues, those universities tend to be in pretty solid financial shape. I think Michigan and UVa are two of only 10 or so universities that are given the highest rating by Moody’s and by Standard and Poor. The UCs are indeed struggling, but not Michigan, UNC and UVa.</p>