BTW, which "first" 60 years are you talking about? Harvard's admission process wasn't /really/ competitive until the 50's.
http://www.newyorker.com/archive/2005/10/10/051010crat_atlar...
Neither of our statements re:admission is exactly correct, but what I meant is that admissions wasn't anywhere near being fair until at least the early 1960s (and that's being generous to Harvard), so the 60 years I was referring to was from 1900-1960. Buuuut, that's not quite right because when Eliot was President things were a little more competitive, but whatever.
Did you know that Columbia will hand you a masters degree in Electrical Engineering or Chemical Engineering even if you've never set foot in New York?
Are those guys (those who earned their degree over the Internet) fakers too?