The uneven distribution will mean that MIT will put out a lot of great candidates, where as a state school will put out few great candidates. The people who went to MIT were in a culture that pushed them the entire time, so they’ll have maximized their talent, where as the state school lacking this culture will reward the same potential talent for less accomplishment. Thus you see this 80/20 rule manifest.
Btw the study was about American universities. I’m not sure why you’re being so defensive about Europe. It’s irrelevant to the point at hand. You could do the same study in France or China and I’m sure you’ll see a similar domestic result.