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One of the biggest fallacies about academic institutions is that attendance at a big-name college or university is virtually essential for reaching the top later in life. In fact students will not necessarily get better educations at more-prestigious institutions with higher-paid faculty especially since a college's academic prestige depends primarily on its professors' research and publications. Various studies have shown students at small liberal-arts colleges doing as well as, and sometimes better than, students from prestigious research universities on tests like those for medical schools and a higher percentage going on to receive Ph.D.'s. That is not surprising in view of a study indicating that teaching takes up less than half the working time of faculty at research universities yet nearly two-thirds of it at liberal-arts colleges.
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<p>Though most of this has been said before, I'd say it's worth a look.</p>