I know this can be a bit of can of worms, but I want to try and understand what (if any) importance these things have to students and graduates.
Both my dd and nephew are applying to uni this year. It's a while since I was at uni so I've had a look at various league tables and things like RG membership to get an idea of which universities are considered the 'best'. RG didn't exist when I was a student, but I suppose there was still a hierarchy of the older universities, then the newer ones, then polytechnics, then HE colleges.
Both dd and dn have been told by their schools they should be looking at RG. But looking at various league tables, it seems that non-RG universities like UEA & Lancaster rank fairly high, whereas some RG like Liverpool and Cardiff, are lower.
How much does it matter? I don't think either dd or dn have any interest in careers like law, banking, etc where university does seem to be important. But I could imagine one or both of them doing postgrad study, so maybe if they end up applying for PG courses, being a graduate of a research-focused RG institution might be an advantage?
They both have shortlists of about 7 or 8 to whittle down, both with a mix of RG and non-RG, but all seem to be ranked in the top 20 or so. I've said to dd to choose the ones where she finds the course most interesting and felt comfortable at the open day with the town, campus, department, etc (obviously with a realistic mix of grade requirements too).
So perhaps I don't need to be posting this, but I am really curious, not so much about how universities gain their reputations, but how much the reputation matters to students who don't want to get into a top law firm or similar?