Harvard Ranks First Among US Universities For Good Reason

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published

Invalid Image
Harvard ranked first among American universities in the US News poll of national universities. And, well it should. The college has produced eight US presidents, and a number, including Obama and the second Bush, attended its graduate schools. It has also produced a large number of billionaires including perhaps the wealthiest of them all–Bill Gates. Gates left after two years at the college but has honorary status according to the university. Perhaps it is because he gives so much money. Harvard has also produced a roster of Nobel Prize winners.Harvard may also deserve the honor because it has the largest endowment of any school–about $25 billion. This is down from a peak of nearly $40 billion because of the stock market crash in 2008 but the number dwarfs Princeton and Yale nonetheless.

Harvard is followed in the study by Princeton, Yale, Columbia, and Stanford. The schools jockey for the top spot every year, and their is only a tiny difference among their grades.

Harvard does not give a better education compared to the top 20 or 25 schools on the list, no matter what US News says. Some have stronger English or Physics departments than others. Some force students to take more courses outside their majors to become more well-rounded educationally. But, none can claim that as a whole it it better at educating all of its students at a higher, better level than the rest.

The US News poll does not take into account the most important measures by the world, many students, and those who hire graduates or take them into graduate schools. Harvard students are taught by a large number of worldwide experts on many of the subjects that draw students. Harvard students are more likely to become rich, famous, or wealthy–or to go on to be President.

US News may fool some of the people all of the time, or all of the people some of the time but the rankings, based on what the magazine claims are its criteria, are bogus.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Top Gaining Stocks

KMX Vol: 7,330,419
GLW Vol: 22,800,969
INTC Vol: 233,719,006
SMCI Vol: 68,465,534
ENPH Vol: 13,978,376

Top Losing Stocks

ACN Vol: 41,744,333
EPAM Vol: 5,636,587
CTSH Vol: 61,311,400
CTRA Vol: 73,319,495
KR Vol: 26,704,230