#3
University of Pennsylvania
Penn's obsession with Wharton overshadows its other schools, creating a lopsided reputation that inflates the brand beyond what most students experience, with Wharton accounting for 35% of applicants but only 13% of undergraduates. This disparity highlights how Penn's prestige relies heavily on its B-school, while the rest of the university delivers outcomes closer to non-Ivy peers like NYU, making it one of the most overrated Ivies by reputation-to-value ratio.
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