<p>Not disputing that at all (you are talking about mathmom’s older son, right?). But it is not provable that “elite” schools categorically produce better results for their graduates than “lesser” institutions. Yes, in some fields there are clear leaders for certain subject areas, but they are NOT always the “well-known, expensive private schools” that the OP in this thread is referring to. While it very well might be better to go to HYP if one is interested in investment banking, it might also be better to go to University of Illinois for computer science or St. Olaf to study Norwegian.</p>