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One of these days I'll write a post about how Caltech did prepare me for working on startups. :-P
And I'll write a post about how my shitty 3rd world university didn't prepare me for working on startups (or anywhere else in the formal economy for that matter).
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MIT was probably holding back their number 1 star faculty member "Noam Chomsky". If he had been there you would have come out prepared.
Thats what the first startup is for.
In other news, eating bananas doesn't cure cancer, learning Arabic won't prepare you for a job as a SCUBA diver, and numerous other things don't do something they're not at all meant to do.