flapjack
Rustmonster, that's an interesting link for the old US News rankings. It's hard to believe that Texas was ranked above Duke, Georgetown, Cornell, and Northwestern in 1987, and that UCLA was ahead of Cornell and NW.
I'm also very surprised that Illinois was ranked number 10 in 1995, because I don't remember ever seeing it above the low 20s.
I wonder how much that business school rankings have changed during the same time period.
It's interesting that you point this out. You guys are probably too young to remember this, but there was a lot of controversy surrounding US News rankings right around that time - say from '87-'92. I wasn't looking at law schools so I don't remember anything about that, but I remember the big bruhaha about the undergraduate rankings.
At one point, Berkeley was ranked #6 in the undergrad rankings (I'm going off the top of my head for all these so they might be a few spots off), and UVA, Michigan, UCLA & UNC (and possibly Illinois & Texas) were all in the 12-25 range. Then, in a single year, all the public universities dropped out of the top 25 with Berkeley falling 20 some spots; this persisted for several years and the public schools haven't fully recovered. The controversy was of course that schools don't change that much year over year, and that US News tweaked their ranking system to favor private schools. This was all before the internet, so there wasn't the type of widespread discussion & protest that you'd expect to see today.
Your post refreshed my memory because the 3 schools you noted (Texas, UCLA & Illinois) are all public, and along with Michigan have all been uniformly lower in the rankings since that time. Of course, this is some kind of self-fulfilling prophecy as I pointed out in a prior post. When I applied to law school, only Michigan & Harvard had perfect peer & lawyer/judge reputation rankings while NYU was substantially lower. But it seems that the rankings have moved public opinion since then.