[freeopinion]

I do not know if your POV is that of somebody who actually attended an Ivy League school. If so, it is understandable that you see through your lens. You got a high SAT and got in. If not, it is still an understandable view. Everyone you've heard of that got in had a high SAT.

Here's a different view. More than 2 million people take the SAT each year. The top 1% score between 1550 and 1600. They number more than 20000 people each year. You can have straight As K-12, achieve a 1570 on the SAT, be president/captain of three clubs/teams, play two musical instruments, be a National Merit Scholar, serve on the board of some national organization, win 12 state championships, and still not get accepted to an Ivy League school. Or you can have a B here and there, score a 1500 SAT and get accepted.

My point is that it is not as simple as getting a high SAT, applying, and getting approved for a loan.