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It's part better resources and part signaling.
There's also an endogeneity problem in trying to figure out why students from Ivys and other top schools tend to do better in the long run since, on average, the best high school students tend to go to the best colleges and universities.
Now that I've gotten a taste of both a public school education (UCSD for undergrad) and a private school education (graduate school), there isn't much difference in curriculum or education style. The premium in going to these schools is that you'll get more opportunities than you would at other schools.
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