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I think it is about status signalling for the parents and the social status prospects for the children more than its about career prospects for the children.

What college your children attend seems to have a big affect on your social status in the US, and the children's social status is definitely hugely affected by what college they attend. Apparently it is much cooler to say you went to USC then the University of Arizona.

Maybe it shouldn't be this way, but I think the parents aren't stupid to be worried about their children's social status in this way.




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