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As much as we gripe at the gap to the factories, remember this ... despite it all, we are a Top 50 STEM school (in the world) which is still playing D1 football. That alone is impressive. While I think our future is more like the Milwaukee Brewers than the Yankees, I'm still proud of the Institute for remaining committed to big boy sports. The question isn't "how do we close the gap", the question is "how do we deal with the gap and that we don't have those resources?"
That's what we have to deal with.
I've often said this. Our academic peers are CalTech and MIT, and to some degree, the Service Academies and Stanford.