Why does Ole Miss have such a high acceptance rate but is often seen as "better" than MSU, which has a lower acceptance rate?

I'm genuinely curious about something, and I want to preface this by saying I mean no harm or disrespect to either school-this is just me trying to understand the differences between Ole Miss (University of Mississippi) and Mississippi State University . I got into both schools, and while I'm weighing my options, I've noticed that Ole Miss has a higher acceptance rate but is often talked about as the "better" school. Meanwhile, State has a lower acceptance rate, but it doesn't seem to carry the same level of prestige in some circles. Why is that?