What makes a college prestigious?

I've been hearing a lot about 'prestigious' colleges recently, and I'm trying to understand what this really means. How is prestige determined? What factors contribute to a college's level of prestige?

Colleges are often labeled "prestigious" due to a variety of factors, many of which converge to give a general sense of the school's status or esteem in the higher education landscape. Here are some elements that contribute to a college or university's prestige:

1. Reputation: This is often measured by how a university is perceived by its peers, employers, faculty, and students. Surveys such as U.S. News & World Report's or Times Higher Education's are based on this.

2. Selectivity: Prestigious schools often have low acceptance rates, meaning they accept a smaller percentage of students who apply. Greater selectivity can indicate a school's desirability among prospective students and also emphasize a competitive admissions process.

3. Rigorous Academics: A prestigious college typically has a challenging curriculum and high academic standards. It's common for these schools to feature award-winning faculty, advanced research facilities, and a multitude of academic offerings.

4. History: Older universities tend to be seen as more prestigious due to their longevity in the academic world and the notable scholars and graduates associated with them over time.

5. Student Outcomes: High graduation rates, successful job placement rates, and notable alumni can also contribute to a college's prestige. If students graduate and become leaders in their fields, this reflects well on their alma mater.

6. Financial Wealth: Top-tier universities often have large endowments, which can fund research, scholarship programs, faculty salaries, and campus facilities, among other things.

Remember, while prestige can be attractive, it's not the only factor you should consider when selecting a college. It's essential to find a school that suits your individual needs and career goals. For instance, some smaller or lesser-known schools may have exceptional programs in specific fields, such as a highly specialized science or arts program, making them equally desirable for students interested in those areas.