It very much depends, having an elite education often means making life long connections as well as receiving an excellent educational experience. These connections can often launch you into a career that would otherwise be unreachable, or at least take a very long time to attain.
Ultimately, you make your own future, your education depends entirely on yourself. The time investment required needs to be paid by all and as a result you as an individual is empowered with new level of confidence and the ability to handle bigger problems.
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I totally agree with you @ravz50... well said