Earlier quoted context omitted.
Perhaps, following sentiments of Peter Thiel and others, it's not necessary to get into an elite school today, in order to succeed. If it was, then good education and success would still be scarce in today's world, as most people can't afford to go to Harvard, Stanford, etc. Now we have MOOCs an schools can become centers for socializing, tutoring and testing. A great teacher can educate more than 300 people a year t…
If you're a parent then, your decision looks like: Let your kid be a kid and bank on society having advanced far enough to allow success without a big-brand school on your CV. Barring that, hope your kid will be driven/creative/wily enough to make do without that stamp of approval. Or, take the "safe" route and go full helicopter-parent, and give your children the best possible guarantee of success in the world as it…
Maybe it's a US thing?
We are are engineer parents in northern Europe, we try to raise our kids so they remain curious and emotinally fullfilled, we wish every good thing for them - but it's really hard to imagine to go all helicopter on them. If anything, I imagine we will let them make all the right and wrong decisions about their education when the time comes - but we try to make them understand what options they have and what likely outcomes their decisions entail.