I'm a Butler grad and proud of it, but for many years their website was just bad. It was behind the time and behind in the activities which speak to the individuals they were trying to attract. Finally they have kicked up their design, shared how life is at Butler through student blogs and helped most (most) of the schools create a consistent look with the university. I really like the 'Is Butler right for me' portion of the site - good job there. In my mind though, there are still at least two big items missing...
Video is where it's at for these kids. Take some time over the next few months and get some real life video going to accompany your other web 2.0 applications. Buy some kids a video camera and see what they come up with. Make it a contest and buy a student's books next semester. You don't have to spend thousands to get personal and relate to the type of kids you want coming to Butler. You just have to be real.
After the site visitors get through the grandiose Butler branding stuff, they'll want to know about academics and the information on their school's site. These are still mismatched, inconsistent, dated and just plain horrible. Help them. Quickly. The disconnect is too great. This may very well be where a potential Butler student ends their experience and holds that last bit of information in their brain as 'Butler.' Is that what you want? I don't think so since you went through the time and effort to kick up your other presence.
So, good job, kind of. You still have a little work to do.