indigo, I'm realising that its not that we disagree but that we are starting from two different places.
I suggested in one of my earlier posts that the landscape seemed to have changed and that some universities and courses had risen to the challenge better than others.
One of the key differences I have spotted with DS and his peers is a vocational focus. I assume they are not alone as the number of would be medics and the growth of accountancy and finance courses might demonstrate. It may also explain why Universities such as Bath, Surrey, Southampton and Lancaster are zipping up the league tables.
So for he and his friends have been looking at subjects like engineering, materials science, NatSci, economics, psychology, chemistry, law and so on. Overwhelmingly applications have been to Cambridge rather than Oxford. Competition is ferocious and quite a lot of did not make it. Fall backs have largely been London Universities (Imperial, LSE, UCL) though some are heading for specific courses in less obvious places. (We know of two boys in recent years who have opted for Northumbria over good RG if not Oxbridge - who cares about ex-Poly if your ambition is to design the next iPhone.)
One of the reasons competition for these sorts of courses is so tough is that many EU and International applicants will take a similar approach.
The idea that this generation, as future employers, would see "a degree from Oxbridge" as superior to a rigorous degree from a world ranked faculty is laughable. Yes my son was disappointed not to get a place to read economics at Cambridge but this was more about wanting to get away from home. He does not expect the teaching he receives at LSE to be any less good. Oxford was not even considered. The sort of economics they offer did not appeal.
Ditto in a way with Harvard. You go if you want to do a liberal arts degree. If you know what you want to study and your parents have deep pockets (which plenty do in Central London) its probably Cambridge, MIT or Stanford. Oddly some of those who had always expected to study in the States then divert to Cambridge as the course is both shorter and cheaper. You then head for one of the big American research based institutions for post-Grad.
The employment landscape our children face will be tough. Improved communications means that all sorts of jobs can be out-sourced overseas. This idea of focussing ambitions on just two institutions, and the institution not the courses seems hopelessly outdated. I can see why this suits Oxbridge but is it the right advice for the brightest of the next generation. when they start hunting for jobs will they regret not having studied automative engineering or product design rather than humanities amongst the dreaming spires.
(Another thread altogether but entry level salaries for the sort of jobs people want to do following their Oxbridge humanities degrees have totally plummeted whilst London living costs have risen. Really hard to get your foot in the door unless your parents can support you.)