Many of the best schools in the US are the small liberal arts colleges (Swarthmore, Williams, Amherst, Pomona, etc). These schools accept 10% of applicants, ha

Many of the best schools in the US are the small liberal arts colleges (Swarthmore, Williams, Amherst, Pomona, etc). These schools accept 10% of applicants, have large endowements and could easily triple in size, but they have been the same size for 50+ years.