Right. Proven by the quality of the graduates. I think there’s plenty of room to improve from entrance to exit West Point meets School of Athens
But if I'm a top 1% talented 18 yo and I have opportunity to go to elite university that guarantees increase in status vs. bet on some new thing, it needs to have an appropriate payoff relative to the risk. This is why Thiel and YC work. The money and shortcut into an elite network.