Mike Tracy-- No. I'm pretty sure the cost of Ivy League schools, etc, compared to outcomes have much less correlation  than the very stringent selection criteria for students to attend those schools. 

Over the last 15 years Alaska has seen some of the greatest growth in K-12 spending with almost no growth in student outcomes. We are 50th in low-income 4th grade NAEP reading scores while being #2 in per capita spending on K-12 (adjusted for the high cost of living in Alaska). Florida is #1 in low-income 4th grade NAEP reading scores and they're 46th in spending. 

Not a very strong correlation for spending to outcomes.