Time article- title says it all........"My son was accepted to a College he can't afford- now what?"

[ucbalumnus]

@OldFashioned1

Child of privilege shares anecdote, suggests undergrad prestige is irrelevant. Unfortunately the data shows students with weaker undergrad pedigrees very rarely catch up to their graduate school peers: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2473238

This is the paper which has an odd definition of prestige tiers.

Tier 1 (highest prestige) includes schools like Syracuse University, Boston University, New York University, Saint Louis University, Brigham Young University, and Howard University. Tier 4 (lowest prestige) includes Harvey Mudd College, due to its absence in the other three lists. The tiers also assume that private research university (tier 1) > private liberal arts college (tier 2) > public university (tier 3).