For the "searchers" there are other, better schools than those of the Ivy League. I still wish I had gone to one of them. Less seriously, but maybe relatedly: Steve Jobs dropped out of Reed; Bill Gates dropped out of Harvard.
Reed has many of the intellectual trappings of an Ivy, but little of the opportunity to rub elbows with the rich & powerful. Jobs excepted, most of the college's famous alumni found their success in academia and the arts, not the business world.