&gt;&gt;It wouldn&#x27;t matter if MIT only taught basket weaving as long as they still had such a thorough selection process<p>The whole point of Ivy leagues has been reduced to being a hub for assembling smart&#x2F;rich people at a place. This has all sorts of unintended consequences like for example, alumni network which exists solely for career benefits.<p>Though great works still comes out of these universities. They are not exactly making people smarter or helping ordinary people directly in any way.<p>They just exist to gather rich&#x2F;smart people at a place, and see if they can go further.