80% of students go to a school where over half of applicants are accepted. Yes, these schools definitely are centers of, frankly, liberal idealism and free-spiritedness. But I think that would be the case in any system where young people are pretty unsupervised and have lots of time to read and study (or party). In my experience though, they aren't factories for elites in the common sense of that word. They're just a reflection of how you need much more training to be competitive in the job market today.
https://www.theatlantic.com/education/archive/2019/04/harvar...