George Washington could have been a King, and declined. Whatever other skeletons he had in his closet, that decision puts him very high in my book, and is a fantastic example of our American value of both innovation and civic-minded self-restraint.
Such a well know American characteristic you needed a 22nd amendment.
The elite schools are populated by smart people who are well on their way to mastering the rules of the game, like their parents did (speaking broadly), but in general they aren't interested at all in changing the rules for the betterment of the broader society. I'm generalizing, but it's basically true. (There may be some idealistic instinct in college; but that quickly evaporates when the hard choices must be made that impact your families income and safety within society.)
How many lawyers build a successful career on mastering the corrupt rules vs how many build a career speaking truth to power and calling out the corruption? Reforming a corrupt system, succeed or fail, will destroy you and everything you love, and these days you won't even get the paltry victory of public esteem. It's worse: half of our public will take the system's side, insofar as they even know about it, because the system can afford great PR and produces endless distraction.)
If anything a value is something honored because the breech is more common, valued in part due to scarcity.
We literally already let elite school grads do this and where has it gotten us? 40 years of a yawning gap between the cosmopolitan dream-hoarder class and the rest of us fighting for scraps?