> If we want to train people for specific jobs - create institutions that do that. If the upper class want someplace to send their kids to read poetry and binge

> If we want to train people for specific jobs - create institutions that do that. If the upper class want someplace to send their kids to read poetry and binge drink for 4 years before they get a jr. associate position at their Dad's investment bank, create a separate institution for that. Well, part of the value of an institution like Harvard is that it connects those two groups of people. Wickliffe IV gets to meet Noah or Kumar or Xiao who got 1600s on their SAT and recommends them to his dad for positions at his investment bank.