Investors and employers will give more to a Harvard grad than to an equally accomplished state-school grad.
A fascinating side effect of open courseware and online lecture videos is the elimination of that peculiar historical belief. For example, per video evidence, the kids in Professor Strang's linear algebra classes are definitely not observably smarter than the kids I met in my linear algebra class. There is a small measurable quantitative difference, but in practice there is no observable qualitative difference. The much maligned concept of human biological differences observationally do not extend to mere ivy-attendance.
I passed University physics by watching MIT OpenCourseWare lectures and those kids learned in a week what took us three...