I think the difference is that, certainly in Canada, the top universities have grown their enrollment as the population grew (uoft increased degrees awarded around 30% from 2011 to 2021 for example from:https://governingcouncil.utoronto.ca/degrees-diplomas-and-ce..., I am sure enrollment is way up recently as well because it looks like there are 90k students enrolled and I swear that number was more like 65K 4-5 years ago, although I don't have hard data).
Harvard, on the other hand, lets in a few thousand students a year and I am pretty sure that has barely changed for decades. This changes a ivy degree from not just a good degree to a good degree with a high elitism and increasing scarcity associated with it.
Comments
I think the difference is that, certainly in Canada, the top universities have grown their enrollment as the population grew (uoft increased degrees awarded around 30% from 2011 to 2021 for example from:https://governingcouncil.utoronto.ca/degrees-diplomas-and-ce..., I am sure enrollment is way up recently as well because it looks like there are 90k students enrolled and I swear that number was more like 65K 4-5 years ago, although I don't have hard data).
Harvard, on the other hand, lets in a few thousand students a year and I am pretty sure that has barely changed for decades. This changes a ivy degree from not just a good degree to a good degree with a high elitism and increasing scarcity associated with it.