sophie
Break My Heart
As far as getting a job/tenure/money, Harvard is still a very great place to go, mainly for making connections.
Yeah. I like to imagine there would be no (or very very very few) circumstances in which I would actually consider going to Harvard for graduate school (not that going there is even necessarily a possibility for me). Really the purpose of graduate school when you're shooting for academia though is to put yourself in the absolute best position possible to get your dissertation published, and, as awful as the history department they've cultivated in Cambridge is, it still represents a far better possibility of accomplishing that than, say, going to a UC Riverside or the like.
The problem of course is that Yale, Princeton, Berkeley, and UNC also represent the best possibility of getting your dissertation published while (unlike Harvard) also having some of the best European History professors in the world. So if you're already in a position where getting into an Ivy is likely for postgraduate studies the choice isn't phony prestige vs real deal but rather phony prestige vs well-deserved prestige