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Less than one percent of U.S. college students attend Ivy League schools, and these students don't necessarily reflect the world's brightest and most capable thought leaders but, rather, the people who've been afforded the most opportunities to succeed.

These ivy league students are in the upper echelon of the college boards and had great opportunity in front of them regardless of where they go to college. Its in their very nature and it is something they expect.

I don't think I could have thought of any place other than Stanford to leave Harvard for.

Indeed, the study of universities and the great men and women who have attended them leads me to think that the best of these schools are characterized not so much by what they teach and how they teach it but by the extent they provide opportunities and encouragement for students to teach themselves.

The benefit of rich families putting their child through Harvard is always going to exist. But it's quite evident that there are 700 million peasants in China who are never going to go to Harvard.

I turned down a scholarship to Yale. The problem with college is that there's a tendency to mistake preparation for productivity. You can prepare all you want, but if you never roll the dice you'll never be successful.

I'm not impressed by people's degrees. Harvard doesn't impress me, Yale doesn't impress me, Columbia doesn't impress me.

A lot of Ivy League schools have presidents who are very politically active. And I don't think it has an impact on whether a student chooses a school or a donor gives to a school.

Elite colleges like Stanford are extremely inaccessible. They're failing in their mission to provide access.