<p>Perhaps it would be necessary to define the terms "over" and "under"rated to avoid unecessary conflicts. For example, I think that the Ivies are overrated because many of the top students at my school feel like they must attend an Ivy (and not just Ivy, but Yale, Harvard, or Princeton) in order to succeed in life. This doesn't mean that Ivies can't help you on your way to success, but it does mean that (as far as I know) people often place more worth in an Ivy education than is merited.<br>
I value close contact with professors (not teaching assistants) and progressively-minded liberal arts education, so I would consider Sarah Lawrence underrated because I don't think it gets enough attention for its rather unique perspective on education.</p>