"Anyone who possesses an elite education will never suffer in their life"

This is not fair to say. Many, if not most ivy leagues go onto have relatively normal lives.

I have a friend in Vermont who went to Yale. She is a 'marketing manager'. I don't even think she could pay for her education unless her (doctor) father did.

I took a tour of Stanford, the girl went to Dartmouth. I don't think the people giving recruiting tours of Stanford earn all that much.

Surely, it opens a lot of doors, and there are probably industries in which it can give one a cosy path, but it's not the 'guarantee' of anything.