Heather Mac Donald, who is an excellent columnist, has a column out called "Anti-Elitism Goes Too Far." Here's an excerpt,

Now a natural woman has burst onto the political stage, eliciting the same tropes of authenticity--shootin', skinnin', ridin' (in this case, a snowmobile), and, for the first time, jumpin'. And, as the tradition requires, the glorification of Sarah Palin's status as "ordinary mom" is accompanied by contempt for the sissified products of an elite education. The conservative commentariat hangs prestigious college degrees around the necks of the media and political liberals like so many dead coons. Charlie Gibson? "Princeton '65," sneered one Wall Street Journal columnist. Barack Obama? "Columbia and Harvard Law," guffaws Ralph Peters in the New York Post. Many of those heaping scorn on the hypereducated elites have a Yale or Cornell degree in their own closet, as was the case in that first burst of Jacksonian populism.

This derision for the contemporary academy is unquestionably deserved. I am as depressed as anyone by the university's descent into ignorant narcissism and victimology over the last 30 years. And yet I fear that the enthusiasm for Sarah Palin's anti-elite status risks spilling over into a rejection of intellectual life and serious study tout court.

As a general rule, I don't think conservatives hold people with Ivy League degrees in contempt, I just think that some other people tend to put too much emphasis on them -- and on college in general.

Don't get me wrong; I went to college at UNC-Charlotte and have a degree in psychology. I do think it's a good idea to go to college and if someone can afford it and has the grades to get in, I would certainly recommend going to an Ivy League school. You will get a more rigorous education there than you will get at most schools, it will open doors for you in the work force, and the contacts you make there may turn out to be invaluable. There is a lot to be said for those benefits -- and enough to justify the price tag for a college student, certainly.

However, I think this is where a lot of conservatives who aren't overly impressed by status symbols part ways with people who are when it comes to their opinion of people who graduate from Ivy League schools.

To me personally, an Ivy League degree matters for about a year, when you're just getting into the work force. In other words, If I were hiring, I'd probably prefer a Yale grad to a UNC-Charlotte grad because I'd know it is tougher to get in that school and make it through.

However, I do get to deal with some Ivy Leaguers in this business and in some cases, I have noticed a sense of entitlement and arrogance far out of proportion to what they've actually achieved. In other words, you got a degree from a great school. Congratulations... but, it doesn't make you smarter, better prepared, or more talented than anyone else and quite frankly, it means bupkis to most people who aren't hiring you for your first job out of college.

Certainly, I've never asked or cared where any writer for RWN went to college or even whether they went to college. It's irrelevant to what they'll be doing on a daily basis. Whether you went to college at Yale or Bobo Community College in Bumblesnot, Iowa doesn't ultimately make much difference in this business. Just ask Rush Limbaugh, who revolutionized talk radio and only has a high school degree. In the end, in business and in life, it comes down to your being able to get the job done, not where you went to school.