<p>I still can't figure out why people rank caltech so high. Only a small fraction of students who apply to MIT also apply to caltech, and the latter has an extremely high acceptance rate for a top school, not to mention the fact that the school seems less focused on well-rounded students than MIT</p>
<p>...and Caltech is not as famous as its east-coast counterpart</p>
<p>Because Caltech has arguably the strongest student body and the strongest faculty in the nation. Only for a limited variety, but nonetheless - Caltech deserves its position.</p>
<p>Probably they produce more Nobel Prize winners per alumni population. Very well known in hard sciences like Physics, Chemistry, etc.. You need to be crazy smart to go there.</p>