Associational Value It's not what you know, or who you know, it's being vaguely associated with prestigious orgs.
Hyperbolic Distance Discounting Enroll in the University of Airbnb and finally get the downward dog you've always wanted.
Chesterton Fences and Effective Altruism's X-risks People have cancer or heart disease, institutions have sex or corruption scandals.
Believe Experiences, Not Explanations Experiences and explanations are separate things, and we have better reasons to think people understand their own experiences than that they reached the right explanations for those expereiences.