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Grinnell College
Grinnell College, founded in 1846, holds one of the largest endowments per student of any liberal arts college in the country, a financial position built substantially on an early, highly successful investment in Intel stock by a trustee in the 1960s that grew into a massive long-term return for the college's endowment. The college's open curriculum, imposing no distribution requirements beyond a single required first-year tutorial, gives Grinnell students more freedom to design their own academic path than almost any other selective liberal arts college, an approach the school has maintained consistently for decades. Grinnell's rural Iowa setting, in a small town far from any major metropolitan area, has fostered a tight-knit, socially and politically engaged campus culture, and the college's substantial endowment funds need-blind admission and full-need financial aid for both domestic and international applicants. The college's combination of massive per-student financial resources, genuine curricular freedom, and its rural Midwestern setting has made Grinnell one of the most distinctive and well-resourced small liberal arts colleges in the country, consistently ranked among the top liberal arts institutions nationally.
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Drake University
Drake University, founded in 1881, has built a strong national reputation for its journalism and mass communication program, and the university's Drake Relays, one of the oldest and most prestigious collegiate track and field events in the country, has been held continuously on campus since 1910. The university's law school and its Cowles Library have built solid regional reputations, and Drake's location in Des Moines, Iowa's capital and largest city, gives students access to the state's concentration of insurance industry headquarters and government institutions. Drake's role hosting nationally televised presidential debates and campaign events during Iowa's first-in-the-nation caucus season has given the university's political science and journalism programs unusually direct access to national political coverage and campaign infrastructure every four years. The university's combination of a respected journalism program, its historic Drake Relays track and field tradition, and its recurring role in national presidential campaign coverage has made Drake one of the more distinctive mid-sized private universities in the Midwest.
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