99%. ? Exaggeration, certainly. This is going to come as a shock, but most people don’t apply to ivies.
Some of the self selection is as you’d expect, but a.lot of people are put off by distance, cost, perception that the student body is … How to say this delicately… people they’d prefer not to be near, and other reasons. FWIW, lots of people avoid big ten schools for.some of the same reasons, but there’s huge danger in actual believing one’s own marketing. Our mayor nearly got laughed out of a building by resorting to “I have an Ivy league MBA” during some meeting or other. Widely, but not universally respected, is probably the best way to phrase it.
Edit de auto correct