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Ultimately, at most of the top 50 universities, you will have professors being more or less uniformly-distributed from the top 50 schools. But being a great researcher doesn't make you better at teaching. And there are some seriously good people that choose to go to less prestigious schools for different reasons: warmer weather, closer to the beach/mountain/hometown, etc. And if you are motivated to learn more or something different, you can do it yourself or look it up online. If you need to be in a high-pressure environment to motivate yourself, that is a different story. In my school you could have a co-advisor from Frankly, unless you are in a really 10th tier school, I don't see the difference. Like someone said, at least at the undergraduate level many "elite schools" have many courses taught by T.A's in classes with 300 students.