The fight for top 10 level prestige among US universities seems to intensifying. Columbia went on a hiring frenzy to boost their economics department and NYU has been on a hiring binge as well. I also found a Boston Globe magazine article about star professors and poaching in academia.
I think it is all a part of growing big business nature of American universities. Every elite member of society has to go to college, and they want to go to places like Princeton, Harvard, Yale, etc.
My hope is that if talent will be spread out more evenly among universities, hopefully it will dilute the notion that you must go to a brand-name university to be successful.
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