But that's my argument exactly. Even if kids with Ivy League degrees disproportionately have successful careers, lots of non-Ivy League kids also go on to have very successful careers. One possible explanation is that the Ivy Leagues are just really good at spotting talent early and not that they are actually responsible for building the talent. Going to an Ivy League school might be an indication that you are smart, hardworking and driven. However, if you were not already that way, the school is not going to transform you into someone who is.

Ivy League will not make you smart, no, it will make you successful with a very high probability. This is what is important to most parent, that’s what they pay for, this probability.