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The problem with this incentive is that it would encourage the university to only accept applicants who have a good financial background to begin with. For exam
by gregable 9y ago
The problem with this incentive is that it would encourage the university to only accept applicants who have a good financial background to begin with. For example, applicants whose parents have significant assets. We don't like to admit it, but this would probably be as useful a predictor as to the student's income as the quality of education.
If universities started choosing applicants this way, we end up with a system that reinforces generational wealth, rather than lifting folks out of poverty. No easy solutions here.
- austenallred 9y agoThey'd be looking to accept the students with the greatest aptitude for a high paying career. There may be some level of correlation, but I highly doubt it's as strong as the ivy leagues would lead you to believe.
- gregable 9y agoThe correlation is very strong. The single biggest predictive input into a child's income is their parent's income.
- skummetmaelk 9y agoWhereas now they just charge insane prices to stay on the government guaranteed gravy train.