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Moreover, the Census says there are about 18 million people enrolled in a college or university, whereas there are only 137,685 people in the top 10 schools (by my count). That is about 0.76%, I think.
Interesting post, though. I would have guessed more than 27% of people had a bachelor's.
It's unclear to me what the overlap should be. I agree probably half of the top-10 undergrads go onto grad, but I'm not sure what % they account for grad school enrollments. At MIT, most of the grad students I met came from other places. Nevertheless, I'll reduce it a bit more. Now it is at 3%.