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MIT doesn't teach its undergrads anything they couldn't learn at the local state school

I think it's more subtle than that. If you start with people who are very good at learning (which is all you can know about them at college entry time) then you can teach them more in 4 years than you can the "average" person. So the MIT guys probably really do learn more. The question is of course the extent to which that translates to on-the-job performance, as good learner doesn't imply good doer.



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