Princeton University is one of the oldest, most historic
universities in the United States. Its famous Nassau Hall (right) still bears a
cannonball scar from the 1777 Battle of Princeton, and its former president,
John Witherspoon, was the only University president to sign the Declaration of
Independence.
The school’s nearly three-century history has given it ample
time to develop an impressive $18.2 billion endowment. But unlike the other big
institutions it competes with—such as Yale, Harvard, and Stanford—Princeton
spreads its considerable wealth across a far smaller number of students and
programs.
Princeton has no law school, medical school, business
school, or divinity school. Instead of developing professional programs, it has
self-consciously evolved into a massive, research-driven think tank.
Whereas other schools typically direct their elite
faculties’ attention towards graduate students, Princeton expects its
professors to teach students of various academic levels. Furthermore,
Princeton, more so than many other leading institutions, continues to challenge
its students with a difficult grading scale. Even brilliant valedictorians who
come here from around the country find that they need to focus on their
studies.
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