Submitted for your consideration. The Charles William Eliot mentioned here was the poet’s older cousin, and the president of Harvard when young Tom was an undergraduate there.

American universities, ever since Charles William Eliot and his contemporary “educators,” have tried to make themselves as big as possible in a mad competition for numbers; it is very much easier to turn a little university into a big one than to reduce the size of one that has grown too big. And after Eliot had taught America that a university should be as big as possible … America grew very rich — that is to say, it produced a considerable number of millionaires, and the next generation set itself to an equally mad programme of building, erecting within a short time a great variety of imposing, though in some places rather hastily-built, halls and dormitories and even chapels. And when you have sunk so much money in plant and equipment, when you have a very large (though not always well-paid) staff of men who are mostly married and have a few children, when you are turning out from your graduate schools more and more men who have been trained to become teachers in other universities, and who will probably want to marry and have children too; when your whole national system of education is designed for an age of expansion, for a country which is going indefinitely to increase its population, grow rich, and build more universities — then you will find it very difficult to retract.

“Modern Education and the Classics,” 1932. Translation into current terms is required, but is not especially difficult, and the comparison is instructive.