Almost certainly yes, because the school could presumably attract a higher-quality applicant pool in 2013 than in 1996. This, of course, makes it impossible to tell how much of that value was produced by the university and how much was just selection effects.
From first hand experience, I can say that quality of selection makes a big difference in your university experience. My first university was /modestly/ selective. My second university was not-at-all selective. (I was a terrible university student.) The difference in class discussion and group projects cannot be understated. Students from the higher quality selection university were much more intellectually engaging.
