I do not think the very selective schools provide better education. I'm not an educator, but I've done my research and it's a general agreement.
They do give you a better start in your career. You have ability to participate in research/development activities alongside with your professors who are leading experts in the industry, you create connections in the real world through the projects you participate in, and therefore you will have much more opportunities for a better start.
Many good companies (FAANG or whatever did/will replace them) recruit out of these schools. The likes of Deloitte, Google, all the 3-letter agencies do not recruit out of Iowa state, they only do top 20.
As you progress in your career it starts to matter less where you went (you can still tap your college connections many years later though), but if you managed to have a good start, your ceiling will be higher, too.
Even if you managed to graduate without much career prospects despite all the opportunities the school provided, you will still have the brand name on the resume which will make the recruiters and hiring managers to give you extra consideration.
Is this worth extra $100K debt you got to put yourself through Harvard? Not necessarily. But it might be.
They do give you a better start in your career. You have ability to participate in research/development activities alongside with your professors who are leading experts in the industry, you create connections in the real world through the projects you participate in, and therefore you will have much more opportunities for a better start.
Many good companies (FAANG or whatever did/will replace them) recruit out of these schools. The likes of Deloitte, Google, all the 3-letter agencies do not recruit out of Iowa state, they only do top 20.
As you progress in your career it starts to matter less where you went (you can still tap your college connections many years later though), but if you managed to have a good start, your ceiling will be higher, too.
Even if you managed to graduate without much career prospects despite all the opportunities the school provided, you will still have the brand name on the resume which will make the recruiters and hiring managers to give you extra consideration.
Is this worth extra $100K debt you got to put yourself through Harvard? Not necessarily. But it might be.