One of my professors at an ivy would occasionally at the end of a lecture jokingly say something like, "ok here's what I think about all this, this five minutes is what you're paying 30 grand a year for so pay attention, everything else I've said today you could have read in the textbook. Nobody actually uses this algorithm, if you need it you're already overloaded, people just buy more capacity before utilization gets this high."
At the undergrad level I think the main benefit of a high end school is simply being grouped with other high end students and so getting a curriculum tailored for you. As if the Honors and AP classes in high school were only available in a few schools that were selective and more expensive.
I don't think this is completely true but I think there is a lot of truth to it... you go to fancy schools for the other fancy students as much as anything else.
Point being, at the undergrad level Harvard isn't better because it's Haaaard-vard, it's better because their curriculum is more advanced, which they can do because they have sufficient concentration of high-talent students who can handle it.