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I also think that my bias on the name schools comes from 1) I am Canadian and I only know certain name schools and 2) working on Wall Street, the name schools are prominent.

Well, as evidenced by me, going to a big name school is not a prerequisite to working on Wall Street.

Really, most of the posters here have some unusually intelligent and talented youngsters. I have no doubt they will all grow up to be successful people.