The Gilded age brought about a major intellectual institution to America: the university. These universities were modeled after the ones in Germany. They offered graduate and professional training in medicine, engineering, law and other fields, as we;; as undergraduate's training.
"By the 1890s, universities began to borrow organizations and procedures from business. University presidents delegated responsibility to subordinates known as the administration. University education was better organized numerically, with credit hours, grade points. The faculty divided into departments and divisions. Modern higher education had been born."
(digital history, the university.)
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