There may be a problem once you look at the social and economic structures that encourage students to apply to these schools. For schools, like Harvard and Yal

There may be a problem once you look at the social and economic structures that encourage students to apply to these schools. For schools, like Harvard and Yale, isn't a large part of the value they provide to students derived from the school's network of alumnus and the prestige the school's name holds? If so, don't these schools derive a large part of the value they offer from their exclusivity?