<p>
</p>
<p>I don’t see any basis in reality for your viewpoint. I go to one of the Ivy Prep schools in NYC, and it’s certainly not true here. First off, these types of kids are rarely the ones who will stay up late and grind to get the grades necessary for Ivies. They don’t need to go to Harvard or Wharton to get that ibanking job. They can spend four years partying at Vandy or Duke and still have a job at Goldman(or the family business) lined up for them. Secondly, very few families, even if they have the money, are comfortable with the idea of buying their kid’s place in college. It doesn’t happen as often as you’d expect.</p>