You've touched on something there that I LOVED and still love about that place. It's "without any attitudes." There aren't any there* and it's the most democratic institution I've been a part of. You couldn't get admitted just because your mommy and daddy are rich and/or powerful -- nobody is given any slack at all wrt academic standards. I suppose that offspring of alumni get a break (don't really know) but only after it's been determined that they pass all the requirements for admissions. And, once admitted, it's easy to stay in. If you're struggling with your course work, the Institute will provide all the extra help a student may need. The school accepts a significant responsibility in enabling one to graduate. And, of course, those 3 letters on a resume work wonders.
*Well, in the administration and faculty. The undergrad student body is another story altogether.