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They don't use the same textbooks, first of all.
Schools with money, or research oriented insitutions, have resources to do things other schools can't--they have better libraries, better incentives (like waived tuition for some), newer technology, and bigger and nicer buildings.
Professors are able to spend personal time with the graduate students, work on their books (and teach from them), and help the grad students work on their publications.
But the real key is we know who you know by the school you go to. Particular groups of people meet and send their children to similar schools. The best minds tend to congregate in clusters and the students benefit from some of the most intelligent people in their chosen field by going to a tier one university.
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"The theory of a free press is that truth will emerge from free discussion, not that it will be presented perfectly and instantly in any one account." -- Walter Lippmann
"You measure democracy by the freedom it gives its dissidents, not the freedom it gives its assimilated conformists." -- Abbie Hoffman
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