To be or not to be? A college on the East Coast uses "The Place to Be!" as its tagline. And why not? Everyone has to be somewhere. But unless the school wishes to target modern-day Hamlets who haven't decided whether to be or not, it has zero impact.
Another popular tagline is "Start Here, Go Anywhere." It's too popular, in fact. Dozens of schools use that same slogan or a close derivation. When an institution's tagline is so generic as to be interchangeable among schools, it's a sure sign that coherent strategy has "gone elsewhere."