In fact, graduates from the Ivies often do not perform as well on standardized tests as do students from lesser name universities. Somehow I don't believe Al Gore's SAT scores were above the 95th percentile.
Incidentally, if you heard any of Obama’s recent graduation address you heard him say ...”rather than the means of e-pants-ipation” (he was supposed to say ‘emancipation’). So much for assuming that an education at an Ivy makes you one of the smartest people in the world.