There is affirmative action in college admissions for students who are very rich. What to do about it.
: that there is essentially affirmative action in college admissions for students who are very rich.
Indeed, 1 in 6 Ivy League students have parents in the top 1 percent of the income bracket. Being in a family in the top 1 percent increases your chance of admission by 34 percent. Being in the top 0.1 percent doubles it.The new study shows that although attending an elite university didn’t increase a graduate’s income on average, it did nearly double the chance of attending an elite graduate school, and tripled the chance of working at a prestigious firm.
But diversity still can’t be the end goal. In a larger way, the study’s results also highlight the inequities of the very system in which a handful of elite universities hold outsize power. We shouldn’t respond only by redoubling down on the importance of “diversity” at the colleges that less than 1 percent of undergraduates attend. Diversifying within an unjust system will never make that system just.
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