Yet somehow Stanford is quite reputable and desired university, so they know how to use the money they have to be one of best in educating/research. So you can'

Yet somehow Stanford is quite reputable and desired university, so they know how to use the money they have to be one of best in educating/research. So you can't assume they are wasteful, otherwise other units should outcompete them, right? Unless system is very rigid... I don't know - I'm not from US