[post_page_title]University of Pennsylvania[/post_page_title]
Thanks to Benjamin Franklin’s idea of higher education preparing students for business and public service careers, Franklin’s College of Philadelphia was turned into the University of Pennsylvania.
This happened between 1779 and 1791, making it America’s first university. The university now has an acceptance rate of 10%. It has produced more billionaires than most universities, particularly at undergraduate level.
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