These are the objects of that higher grade of education, the benefits & blessings of which the legislature now propose to provide for the good & ornament of their country the gratification
When writing this document, the founders seem to have had the idea that education would not simply be for the sake of getting a job in the future or creating a specialized track of study. Education would be for the betterment of the individual as a part of a bigger society. They wanted the University to expand each student’s abilities as an academic person, but also as a member of a knowledgeable community that would help the betterment of the country’s society as a whole.