Exactly so. I know a guy who got into the top MBA program in the nation (U of C). He had no undergrad degree, but was born to a wealthy family. His wife was born to an even wealthier family, and he quickly after flunking out of undergrad within a few years found a career as an executive.

Connect the dots on how all that works.

(Curiously he insists he's a "pulled himself up by his bootstraps" type character)