I've had people that have taken in students tell me that students from the new school in Charleston are "idiots" compared to kids from WVU. Not my words...
But its only logical that the new school are going to graduate subpar pharmacists. Most have admitted classes with lower standards. Lesser candidates coming in...lesser candidates coming out...just how it is. It's why Harvard degrees are so prestigious....and why the future of pharmacy will be similar. Tiered schools....the WVUs and Ohio States and USCs of the world that have been around forever in tier 1....then the private schools that started in the 00s who get their candidates from the tier 1 school's leftovers in tier 2...
Here are some of my comments on your points: You must always, and I mean always, remember that people make the schools, not the other way around. Top tier schools exist because the people who went there ended up doing something important (students), or people who go there are doing something important (faculty). Harvard is prestigious because it is the one of the first, if not the first university in the country. Too many people come to Harvard, and too many came out of Harvard - a lot of them do/did important things. On top of that, you are paying a huge tuition, and a big junk of it go into administrative services. These services including writing you a stellar letter of recommendation for getting you a good job, and hooking you up with their alumni and associated companies, etc.
If I were you guys, students, I would focus in my studies so that I would do something important. Remember: It's always the famous people that will be noticed, not the famous institutions. If you are great, you will make everything around great. If you suck, going to Harvard will not help you much. The name might help get you to places, but it's your skills and intelligence that keep you there....
If you had studied history, you would know that many great minds did not go to Harvard for school. Also, a lot of great minds come to Harvard, not came from Harvard. This applies to both students and Faculty at Harvard or any other institutions that are well-known. And if you have lived long enough, you would know that to be someone important, you not only need to be intelligence and work hard, you have to be at the right place at the right time. Harvard fosters much of those opportunities, far better than most others.
Schools are there to serve as a referee for society. Its sole purpose is to say, "yes, you have been there and done that". If you suck, you suck! If you are great, you are great. Now go get a degree and start doing something important.