Comment by MostlyStable

To whatever extent this is true (I'm not convinced it is, schools that aren't prestige aren't "irrelevant"), it is an indictment on the schools. This argument is a capitulation to the signaling hypothesis of higher ed. I believe at the least a weak version of the hypothesis, but I absolutely do not believe we should just roll over and say "well, that's the way it is". It may be the way things work, but this is a very important is/ought distinction. I think we should be fighting _very_ hard for the "ought" version.