Quote
The newly released book is Where You Go Is Not Who You'll Be, by Frank Bruni.
Frank Bruni is wrong about Ivy League schools
by Jonathan Wai
Quartz
March 22, 2015
Quote
Bruni may be right to criticize the fixation on elite schools, as there are only so many slots at these institutions—so most students (and their parents) by definition simply will not be able to gain access. But to suggest that where you go to school doesn’t matter makes little sense. For students throughout the range of colleges and universities, going to a more recognized school is likely to help open doors for their future—at least in the current US educational and occupational structure. This, of course, doesn’t mean that it is necessarily the elite school education or experience that is the driving factor. Among other things, eventual success could be attributed to individual characteristics such as brains and motivation, which unlocked the door to admission to begin with.

But among people similar to Bruni’s social and family circle, who appear fixated on which college to go to, perhaps their hunch is not wrong. This is likely because many of these people know that where they went to school opened doors for them, regardless of the quality of the education they received—and that is why they want their kids to have those same opportunities. As members of the US elite, they want their kids to at least match if not surpass them, to have an advantage in life, and to reap the enormous benefits that come with that privilege. As my research shows, if you want to become a member of the US elite, an elite school (or grad school) appears to improve your chances.
Wai is affiliated with Duke TIP and has written about success and IQ http://tip.duke.edu/node/960 .