What percentage of your choice was to make sure your kid meets other People Like Us?
If you are rich you can get your kid into any college that way they won't meet or interact with anyone else that is not also rich. Because so many people meet their future spouse in school this means they will marry other rich people, and meet people that are going on to be very successful doctors, lawyers, leaders of industry.
If your kid goes to a smaller state school they will be around people studying to be nurses, teachers and paraprofessionals, also many come from families where they are first generation college students.
You don't want your kid to end up in a community college. They will meet future restaurant managers, office administrators, and retail managers.