"Ivy league" isn't quite as closed as the caste system, but multi-generational matriculation is at least perceived as common, pop culture equates attending one of a select number of universities with success/intelligence/power/wealth, and 8/9 SCOTUS Justices graduated from 2 law schools. You also get a hierarchy of social standing with Ivy league at the top, community colleges and no-college at the bottom, and some arcane ordering of various public and private institutions in between which you need to be a cultural insider to parse.
"Ivy league" isn't quite as closed as the caste system, but multi-generational matriculation is at least perceived as common, pop culture equates attending one of a select number of universities with success/intelligence/power/wealth, and 8/9 SCOTUS Justices graduated from 2 law schools. You also get a hierarchy of social standing with Ivy league at the top, community colleges and no-college at the bottom, and some arcane ordering of various public and private institutions in between which you need to be a cultural insider to parse.