Comment by tshaddox

It's probably true that generally rich kids could go to school pretty much anywhere and be okay, and that non-rich kids can have their lives transformed for the better by going to a reputable school. But isn't the latter due to the fact that people with power associate reputable schools with elite social status? Presumably if rich kids stopped going to a reputable school, it wouldn't take long for that school's reputation to diminish, even if the actual merit's of the education provided by the school didn't change.