There are definitely some people bitter about LSE, some are snobbish about Oxbridge and some might not have gotten in at any of these three places. What matters is whether you think you like London and the course they offer. I know Cambridge by heart and I believe that LSE is definitely a good (really good!) choice for a postgrad degree. In terms of reputation, the following holds true: LSE and Oxbridge are world-class institutions. BUT Oxford and Cambridge will always have a slightly better reputation in the world than LSE. This is not because LSE is not as good as them, but Oxford and Cambridge are more diverse in their research areas and definitely have a longer and more stunning history of successes (and nobel prizes) to look upon. Summa summarum: Does it matter nowadays whether Newton was at Trinity, Hayek at LSE or Hobbes in Oxford? No! Because they are all wicked places! Now, please stop all these discussions whether or not the cleaning lady at the Ritz in Bombay or the housekeeper of the French Parliament heard of LSE or not. Does this really matter to you or does it just feed your vanity? I know people from Harvard, Stanford and Columbia and they believe that LSE and Oxbridge are wonderful places to be. And in terms of undergrad, they even admitt, that a BA from Harvard is not as deep as one from England since they cannot specialise in anything properly during their four years.