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Or do they do both? https://en.wikipedia.org/wiki/False_dilemma https://en.wikipedia.org/wiki/False_dilemma

• ZeroGravitas 4y ago
  Or neither. i.e. they just let you network with other well connected people.
  • WheelsAtLarge 4y ago
    This is a strong point. Who you meet in life has a big influence on your success.
  • NickC25 4y ago
    The whole point of the Ivy League is that smart kids (who are in these schools by merit) will get to network with the children of the elite (who are in these schools for reasons mainly because their parents are successful and/or major donors).
  • strangattractor 4y ago
    Or maybe they are designed to keep your family well connected. https://en.wikipedia.org/wiki/Legacy_preferences https://en.wikipedia.org/wiki/Legacy_preferences