<p>"I completely disagree. Plenty of smart, extremely successful midwesterners who could buy and sell you a dozen times over went to U of Illinois and wouldn’t have heard of Haverford, or Colby, or Bowdoin. "</p>
<p>This is true, IMO. And if they have not heard of a college, they are unlikely to presume it is elite. Possibly they will draw the opposite conclusion.</p>
<p>“But again — so freakin’ what?”</p>
<p>Well, sometimes I feel like the main, unique advantage of a known “elite” university is that people who don’t actually know you will presume that you are likely to be rather smart. This could be potential employers, potential clients who might possibly hire your firm for a business transaction. All people who don’t know you but are nevertheless evaluating you based on sparse information. In those contexts credentials can conceivably have some impact. And your parents can more successfully brag about you at (non-elite)cocktail parties. You owe your parents something, after all.</p>
<p>But beyond that, “so freakin’ what?”, well true again. But OP wasn’t asking so what, just what the perception is. And the answer is, probably in many cases, due to size and some other factors, public recognition may not identically track Northeast elite recognition, and this could cause an overall tendency towards slight undervaluation, by non-elites who don’t know you.</p>
<p>"Is the point of a college education merely to have a gold ribbon for potential employers? "</p>
<p>Some people feel that is at least a tipping factor, at the margin, where other more “legitimate” considerations of actual fit balance out. This would apply not only to choice of Univ vs. LAcs, but preference of some “gold ribbon” LACs over others. BTW I’m not condoning that view, but just observing that evidently people seem to differ on that point.</p>
<p>And FWIW, if the first tier is HYPSM, then yes LACS will be considered at least second tier, even by NE elites, along with virtually everyplace else.</p>
<p>"If you’re applying for a job in the U.S. and the employer has never heard of Haverford, it means you’re not applying for a very good job, sorry. "</p>
<p>Guess what, there may come a time in your life when you need to apply to that job, anyway, because the “good job” employers don’t seem to want you, at the moment at least. Despite how wonderful and elite, and “above them”, you feel these other employers are. It’s tough out there, and at times it is nice to have an edge, however trivial.</p>
<p>But the undergrad degree is just one thing, the grad degree, and who you have become, your actual capabilities as have been shaped by your education,are the most important for most reasonable purposes. And if those are better developed at a particular LAC, then that’s the better choice for you.</p>
<p>edit: sorry this should have gone above post #89, I decided to edit more.</p>