<p>I think it is many things: culture, recognition, financial. Financial aid is excellent at these schools, and for some students, the cost of attendance may be a significant advantage.</p>
<p>In some fields it is beneficial to have the national and international name recognition of a top school. It is also a recognizable brand- if someone has a degree from a top college, they were, by inference, a top student in their high school and probably college as well. It’s impressive. It is also a top notch education. </p>
<p>For some it is a combination of family culture and not looking beyond what is known. If a grandparent attended an Ivy, then that sets the expectation for the rest of the family, but as time goes on, those Ivy’s are more competitive. Statistically, the grandchildren and great grandchildren will not get accepted, and that can be a big disappointment. </p>
<p>For some it is a result of the surrounding culture they grew up in- if everyone in their family and all their peers aim at Ivy’s, they will too. For some it’s the American Dream- a first generation student or a student from a low income family achieving something that is fantastic. </p>
<p>While the Ivy’s are undoubtedly great opportunities, where we go wrong is assuming that others are not. Here is where I join Mom2aphysicsgeek, and Gladwell in my belief that a top education, and top students, exist in many places outside the Ivy’s. Parents aren’t always objective about their own kids, and a top student at a school and his family might believe he is the smartest kid out there, but there are a lot of them- more than there are places for in the top schools. Recent economic times have made it hard for that middle ground- not qualifying for much FA, yet the cost of private college out of reach- to pay for an Ivy. Those students will seek alternatives. </p>
<p>My personal opinion is to match the college to the student. How much importance going to an Ivy is depends on the individual circumstances of the student and family. However, with the selectivity so high, every student needs to be looking at alternatives, and there are many. The fallacy is to think that all of them are inferior, but that’s human nature. </p>