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Last time I checked, we are 12th in Engineering and 27 in Business. Other than medicine, everything else is a pretend education anyway. I'm not worried about SMU and BU appearing to compete with us based on the top-notched sociology programs.
About those rankings, which you appear to be getting from USNW: I believe the 12th and 27th are for the graduate programs, which leads to the question of how the undergraduate programs fare, since the concerns about growth in this thread are primarily about dilution of the undergraduate experience, not growing the grad programs to sizes comparable to our peers. People are specifically worried about the 25 by 25 plan for Engineering. Also, that #12, while better than our overall ranking, is still not #1 in the state of Texas.
Medicine is also a graduate degree. It's ranked #85 in primary care and #79 in research. Not worried about being behind East Carolina in primary care? Behind OU in research? Training of undergrads to get into med school relies on departments that are not in Engineering or Business. My sense is that we do pretty well at getting students into med schools currently, but it's hard to find credible stats to make comparisons to other institutions. I do have the sense that our undergrads gain advantages in their med school applications from research opportunities while they are undergrads (especially since there is not a teaching hospital on campus), and those kinds of opportunities will be harder to come by if enrollment grows without parallel growth in faculty research. Even if we hire 2x more faculty, its not trivial for all those new hires to get the extramural grant support they would need to support the additional undergrad research.
I don't know how Business is thinking about the increased enrollment. But they are already restrictive about who they let in within the broader university community... and IIRC they got special dispensation to charge their students an extra differential tuition.