Inherited the peerless wisdom of the saints of all ages.
Inheriting the great responsibility of the people: shouldering the great responsibility of the people
Reach the highest level of life.
So the general meaning is: I hope all students studying in the college can inherit the wonderful knowledge inherited from ancient sages, and then shoulder the great responsibility of serving the people, the motherland and the people, and continue to learn in life in order to reach the highest realm of life.