Why rich people prefer elite schools when most others doesn’t see any wort in it?

@CU123: “For liberal arts, (and most other areas), it’s not even close”

It’s tough to say, but I wouldn’t be so certain. The reason I say that is because quite a few publics have highly-rated liberal arts departments and profs, and generally nothing stops a brilliant kid in honors at a public from taking grad seminars with giants in their field (often there is space enough for undergrads).