According to Moira Forbes, the answer seems to be yes and especially for women.

Does A Diploma From An Ivy League School Still Matter?

With the cost of higher education continuing to rise, the debate on the value of a diploma from a top-tier institution remains in full gear. Is an Ivy League degree worth the cost of admission? When looking at Forbes’ list of the World’s 100 Most Powerful Women, it certainly would appear to be the case.

While it’s true that 13 of this year’s power women ranging from Sonia Gandhi to Anna Wintour may not have graduated from college, the evidence here is that education is a help — and that attending a prestigious university certainly doesn’t hurt either.

Impressively, 30 of the 100 women on the list attended an Ivy League institution. To put that in context, there are only 8 such schools with the Ivy moniker out of the tens of thousands around the world. These numbers are all the more remarkable in light of the fact that the majority of these schools only started accepting women in the late 1960’s, early 70’s (with Columbia University in New York being the final hold-out, not admitting women until 1982).

The prestigious alums on our list earned a collective 39 Ivy degrees, with 6 listees having an Ivy undergraduate diploma under their belt and 18 with advanced degrees. A notable 6 power women graduated with both, 5 of whom made the list’s top 25, including Michelle Obama, Sheryl Sandberg, Meg Whitman, Irene Rosenfeld and Safra Catz.

The value of advanced education is noteworthy here as well, as the majority of the power Ivy Leaguers also earned focused degrees, including 9 MBAs, 3 MDs and 2 juris doctorates. What’s more, 75% of all the Forbes power women who graduated college went on to earn some sort of advanced degree. Call it higher education you can use.