A few years back TCU self-identified 10 “peer” institutions: Wake, Tulane, Nova, Pepperdine, Santa Clara, GW, Syracuse, American, SMU, and Baylor.
Wake is much more aspirant then peer - it really isn’t a peer at all. But when you look at size and TCU’s move into healthcare, and presence in P5 sports, it makes sense as an aspirant. The same could be said of Tulane less the P5 part.
I think it’s hard for TCU to name a model aspirant institution these days. What other urban university has < 20k students, P5 athletics and ISN’T an AAU institution/major research university (USC, Pitt, Vandy, Northwestern, and while less urban on campus proper Duke and Stanford)? That just leaves Miami and BC and in the not-urban but otherwise close category Notre Dame, Wake and BYU, right? Miami and BC’s omission from the list in favor of Pepperdine and Santa Clara and Nova are interesting choices IMO.
Point being - TCU is trying to be something really unique in higher ed: an urban teaching/liberal arts institution in the south/southwest that’s happy as an R2 or maybe one day light R1 with P5 athletics and 15k-20k students. I think that’s fantastic because it’s just basically just a scaled up version of what TCU has been for a long time - it seems to want to stay pretty true to itself. Will that sort of institution stay competitive in P5 and whatever comes next in college athletics? I do not know. Can we succeed by changing our identity - emulating Vandy or USC - I don’t know. The capital and values shifts required to go big research u is insane.
So yes I think Wake and Miami and Tulane are the right directions to look. Each has its own distinction from what TCU is (Wake isn’t that competitive in P5, much higher ranked, has a huge healthcare delivery enterprise, isn’t as urban, and isn’t looking to grow its undergrad population in the same way; Miami is much more active in research and grad space—but probably the closest to achievable/mimic-able should TCU opt to go that route—, and Tulane has fewer undergrads and a robust AAU research and grad enterprise decades ahead of TCU’s potential), but we seem to be looking to combine some of those elements. Interestingly only one of those 3 seems to have any sense of long term security at the highest level of college sports - which IMO shows the tough odds staring at us.