All very interesting answers. Thank you guys for honest answers without any sting in them, because I'm really not trying to be controversial or ruffle feathers...the whole thing just didn't make much sense to me so I appreciate the responses. Seeing as they do in fact make a killing due to this, it's very unfortunate because money is all that matters these days, standards be damned. As for Desco saying we are not for the "elite"...what do you define as "elite"? Do you not want an "elite" brain to cure cancer as an SJU alumni? Is a middle class white kid from the suburbs raised with some luxury but nothing overboard and good grades "elite"? If we are going to have the attitude that successful = bad then I'm scared to see what the school will become. Just as we all witnessed with the FDNY, when you take standards away and replace them with quotas, the job will not be performed at the high level necessary to be successful. If our mission truly is to cater and specifically target low income, lower performing students, then it's high time we change that. Refusing to do that will prevent school pride (intellectually), prestige, and alumni from being proud (which also ties into donations).
No, you're right, I obviously want SJU alumni to be unbelievably successful. But I think there's a difference between the quality of the education and the level of prestige. St Johns could certainly do a better job of recruiting the top 25% as Beast of the East says. But to some extent they're in a different market than Notre Dame, for example.
For a long time I owned a Jeep Cherokee, and it was a great car. But Jeep aka Chrysler isn't competing in the luxury market. They're not trying to compete with the BMW X5 or the Porsche suv; and I think that's a pretty apt analogy to higher education.
Notre Dame only recruits the top 10%, and they provide a great education to those students; and St Johns should strive to be equally successful and be a leader in their own market. Somebody has to educate the 30-80 percentile of students, and SJU should aim to be a leader in that area. To the analogy further I'd say soemone has to be a leader in the $60k suv market, and somebody needs to be the leader in the $30k market; but it doesn't necessarily make one better or worse than the other. Don't try to be something you're not; take what you're good at and become excellent in that area. So I wouldn't define the school's success or not by how many students they get from that higher quartile.
Rankings really aren't the end all be all, and that's why my point is just that prestige and elite status aren't the same thing as the quality of education, just like I don't know that my Cherokee is any 'worse' of a car than an X5.
Sorry if the analogy was a little ridiculous btw, I just thought it helped make my point.