<p>I agree with Consolation, but think it’s worth digging a little deeper.</p>
<p>Public universities see their mission as educating a much broader range of students than the “prestige” privates. There’s no question whatsoever that the academic resources of the top public universities-- like Michigan, Berkeley, UCLA, Carolina, Virginia, Wisconsin, Washington – are as good or maybe even better than those at the top privates. But the privates accept a much smaller number of students, and a much more homogeneous group of students in terms of their academic qualifications. </p>
<p>Three things follow from that:</p>
<ol>
<li><p>Students with high academic qualifications believe that other students at the privates will be their peers, and they are not so sure about the publics. They are afraid their classes will be taught to a lowest common denominator far below their abilities.</p></li>
<li><p>Students believe that the mere fact of their enrollment at a top private will communicate to employers and graduate schools that they are academically elite, while enrolling at even the best public does not convey that information efficiently. They are right about that, and wrong that it makes a big difference to anything.</p></li>
<li><p>Students believe, probably correctly, that there is more competition for faculty attention and access to facilities at publics. They will have to work harder to stand out and to get recommendations, etc.</p></li>
</ol>
<p>The fact is, however, that the top 500-1,000 students of the class at Michigan aren’t a heck of a lot different from the class at Harvard, much less Vanderbilt. And those students’ opportunities aren’t really affected by the fact that the bottom 1,000 students in a class at Michigan are easily distinguishable from the Cantabrigians. A student who would be successful at Harvard is going to have equivalent success at Michigan, provided he takes advantage of the opportunities Michigan provides.</p>
<p>A couple other things come into play. Snotty high school students seem not to want to go to the same college as classmates they don’t respect. So if they see a bunch of classmates headed to their public flagship, they feel diminished by association if they have to go to the same college. That’s sort of disgusting, but it’s a real feeling that gets expressed all the time.</p>
<p>Also, the current funding crisis throughout government at every level means that public universities are constantly crying poor and cutting back amenities, while the top privates are more or less rolling in dough. The publics are managing to convince lots of prospective students that their educational environment will be impoverished. That’s not really true, but there’s no question the better financial condition of the top privates makes a lot of things easier there.</p>