<p>UCBChemEGrad makes some good points. Because the research that comes out of universities is often what gets the most press (athletics aside), universities are perceived (not necessarily accurately) by and large on the strength of their graduate programs – alongside selectivity.</p>
<p>USC has advanced by leaps and bounds in the undergraduate arena. Whether or not this seemingly singular focus is coincidental to the fact that the most popular college ranking guide is one of undergraduate programs is anyone’s guess. </p>
<p>But the fact remains that until USC applies the same level of ambition to improving its graduate programs (and their standard metrics of prestige… number of national academy members, number of nobel laureates, etc.), then the presitge of the USC “brand” will suffer in circles not familiar with the only-somewhat-recent rigor of its admissions (read: most of the East Coast). </p>
<p>Nevertheless, institutional change is slow, and the rate of change of perceptions of institutions is even slower. USC has only been extremely competitive on the admissions front for slightly more than a decade, whereas the “University of Second Choice” moniker has been around for several decades. Old perceptions die hard.</p>
<p>I’ll disagree, however, with the commenter that said that other top universities are also making progress at the same rate as USC. At the top-top, yes, (Harvard and Stanford will always be #1 and #2 in fundraising, which will only translate to progress in whatever programs they decide to allocate capital to), but the fact that USC was #4 among all institutions (beating most ivies), and perennially on the top 10 list speaks to both the ambition of the university, as well as the ability to execute on its self-improvement goals (source: <a href=“http://www.cae.org/content/pdf/VSE_2010_Press_Release.pdf[/url]”>http://www.cae.org/content/pdf/VSE_2010_Press_Release.pdf</a>). </p>
<p>There’s really no reason why USC should be able to out-raise Yale, Penn, and Columbia, and the like… and yet, it consistently does (heck, in 2007, we were #3 behind Stanford/Harvard). These other schools which we consider USC’s peers (or currently “better” than USC, e.g. Rice/Emory) are nowhere to be found on the top 20 fundraising lists (let alone the top 5). </p>
<p>If certain institutions are just operating as though nothing is changing, while USC is out fundraising all but the best (and this is prior to the public $6 billion campaign announcement!) in a bid to upgrade programs, professors, students, facilities, and, well, everything… do the math.</p>