It's a self fulfilling prophecy.

That Harvard grad looking for a job at BigPapa Stearns might get the job because he happens to know the secret handshake or presents himself as trustworthy but in reality, at worse, he might be an idiot, and, at best, he's simply good enough to do the job. But BigPapa Stearns only hires Harvard grads because no one was ever fired for hiring Harvard grads.

In the end, if you don't make your life an empty pursuit for the almighty dollar that consumes 16 hours of your days for a good 3 or 4 years before succumbing to that coke addiction and none of this would matter. A Savile Row bespoke suit doesn't necessarily make you a better man, or a hero.