A front-page New York Times story saying that Harvard has been surpassed by Stanford in every category that defines the “brand” of the modern university.

Riding a wave of interest in technology, Stanford University has become America’s “it” school, by measures that Harvard once dominated. Stanford has had the nation’s lowest undergraduate acceptance rate for two years in a row; in five of the last six years, it has topped the Princeton Review survey asking high school seniors to name their “dream college”; and year in and year out, it raises more money from donors than any other university.

No one calls Duke “the Stanford of the South,” or the University of Michigan “the public Stanford,” at least not yet. But, for now at least, there is reason to doubt the long-held wisdom that the consensus gold standard in American higher education is Harvard

Ouch.

This is, in my opinion, the converge of two trends: the growth of Silicon Valley and the tech economy, and in Cambridge, a quarter-century of either disastrous or uninspired presidential leadership….