<p>As time passes, the effect of attending an elite college to a state college will diminish at an exponential rate. There simply will not be the guaranteed security and fulfillment that these colleges once endowed to their students. Why? Because these colleges are not the markers of social status that they once were. Ironically, as these colleges are opening their doors to populations that they traditionally wouldn't, they are stripping away from the exclusivity of their institutions. When a product is in more supply, when it is more accessible, the value diminishes. </p>
<p>The drive for education is a recent phenomena since it has become accessible to a larger population. Additionally, more people are pursuing higher education. The college diploma in itself, regardless of whether it was earned in a state school or an elite college, is not a rarity anymore. Employers don't look in awe at college grads. In fact, recent studies say bachelor degrees aren't cutting it anymore. Masters are becoming the new Bachelors. So, the influx of college students from both sides, the elite colleges and the state schools, are devaluing college diploma to the extent that its recipients can't rely on it as an indicator of future stability and opportunity.</p>
<p>Now, specifically about college diplomas from elite colleges, the brand name of these college has lost some of its luster. Whereas alumni of elite colleges were once the rightful heirs of powerful old boy networks, when all students were white, wealthy Protestant males, and Gentleman Cs were the predecessors of the cozy life in the gentility, the elite colleges of today's alumni don't share in that legacy. The alumni today are asian, female, black, poor, lesbian, gay, farm boys, and inner city survivors. The pool of students has become so diverse that society can't categorize them, it can't stick them into some formula to determine their social status. Society can't say here is a standard profile of people who will reap the rewards of all that we have to offer.</p>
<p>Before 1970, I think, colleges were successful in doing just that, cultivating an elite class of kids that would become the nation's leaders. To some extent, this is true today just without the stringent criteria of uniformity and moreso for that of merit and accomplishment. But, now, it's not about name and prestige as it were before. I Attending Harvard for many alumni may be the only worthwhile experience they will ever have, only success they will ever have. For the successful grads, it will be about positioning themselves for success, working hard and networking. </p>
<p>Anyway, this is an opinion and, as I believe, if one is truly brilliant, opportunity won't have to come to them, they'll come to opportunity.</p>