<p>Yes and no. After getting my BA at a good college and studying for my PhD at an Ivy, I think there’s three good reasons for the Ivies:</p>
<p>1) Prestige. Like nosike says, from personal experience you’re taken different when you tell people you go to Columbia. I look young and a lot of people mistake me for an undergrad when I announce that I’m in school, so when I tell them I go to Columbia even though they assume it’s a BA program they’re impressed. (They’re <em>really</em> impressed when I tell them it’s a PhD). People associate certain qualities with that prestige - that you are smart, polished, charismatic, professional, etc. It really doesn’t matter; unless you do things to torpedo that image, that’s the positive stereotype people are going to have of you. It’s a good stereotype to have when you are applying for jobs.</p>
<p>2) Resources. Top schools have big money. Therefore they have the best student centers, libraries, gym facilities, connections in the city, research pools, etc. Just from my standpoint as a grad student, more resources means things like 20 libraries at one university (whereas at my alma mater, three colleges shared one library), easy and quick access to volumes at other Ivies and schools within the city, connections with Princeton and NYU for grad student conferences and resources, that sort. The apartments are nicer. The gym is nicer. The student center is nicer. These are little things that matter when they add up. It takes away from the early December depression when you have a nice place to study. Butler Library (Columbia’s main library) is like a dream come true compared to my old dinky library. Not to mention that I can go to the librarian and ask her to buy a book for the library and within two weeks she’ll call me and tell me that the book is in and I can borrow it. You can’t do that everywhere! Resources! </p>
<p>3) Networking. There are top companies here EVERY WEEK to recruit YOU. They want to talk to you, pick your brain and they want to hire you. I’m not saying that the name dictates success, but it does make people take a closer look when it’s on your record. Personal experience. My advisor is a noted methodologist in my field and when I go to conferences and people ask me who I work with and where, I get a nicely raised eyebrow from this. This makes them trust my skills more as a graduate student and so when I start saying I want to do this postdoc or this internship, they’re all too happy to make accommodations and tell me to email or call them any time.</p>
<p>BUT. Here’s my take: some of this stuff is NICE but not NECESSARY. I went to a top 100 LAC. The name is well-recognized with employers and so it’s not like I looked like a lightweight with just my BA, especially in the city I come from (everyone knew what it was in the South; up here, I get a few more “huhs” but a lot of "Oh, yes"es). I was able to get by and do good enough research to get INTO Columbia at my small LAC; we also had top Wall Street consulting and banking firms and top law schools recruting down there, too. I have friends in med school at Penn and Harvard and WUSTL; friends who work at Goldman Sachs, Merrill Lynch, McKinsey and Bain; friends who are doing graduate programs at Yale and Stanford and whatever.</p>
<p>People thinking you are smart from the bat is a NICE extra, but proving you are intelligent by the other accomplishments you list has the same effect. You get? I will also say that the teaching quality here is much more variable than it was at my LAC, but I think that’s primarily because most of the professors are primarily researchers here, whereas at the LAC they were primarily teachers.</p>
<p>So my conclusion is - what you do matters far more than where you go. But, sometimes where you go can influence what you dare to do - or what you are able to do, or what you have access to do. And when people say that your peers’ motivation will impact you, take it very seriously. It is true. But the flip is, don’t let the U.S. News rankings try to tell you where the ambitious kids are, because it’s not that simple; it just depends on the culture. I think the kids here are more slavishly driven and ambitious to achieve high - but high meaning your standard doctor/lawyer/engineer combinations. No disrespect to Columbia undergrads; they are extremely intelligent - moreso than my undergraduate peers, IMO. But I also think my undergraduate peers have a higher dedication to being community and local leaders and a higher sense of creativity about the kinds of jobs and work that one can do than students here, and perhaps different ideas of what it means to have a meaningful job and what being a leader means.</p>