>I think there's a fair case that these parents are locked in a society-wide arms race: everyone would be better off if the kids were under less pressure to get

>I think there's a fair case that these parents are locked in a society-wide arms race: everyone would be better off if the kids were under less pressure to get the "best" education credentials possible, but almost everyone thinks they would be worse off if they unilaterally "disarmed". That sounds like the case Elizabeth Warren made in "The Two Income Trap".