Yes. I have spoken to quite a few scholars in the field who does research in these areas - elite schools provide the network, and the training to 'know' the 'language' (i.e cultural capital such as appreciation and knowledge of the arts, etc), which enables one to speak the same language with an upper class member, whom you will likely do business or network with. All these increases the chances and likelihood of social mobility.
SO was fortunate enough to attend an elite institution when he was a teen, and the skills he learnt and connections made has paid off numerous times, even though he left school so many years ago. The old boys/girls network is still very strong, and they look out and rely on each other to do business etc.
SO was fortunate enough to attend an elite institution when he was a teen, and the skills he learnt and connections made has paid off numerous times, even though he left school so many years ago. The old boys/girls network is still very strong, and they look out and rely on each other to do business etc.