You characterize the woes of the second group as resulting from their purported inadequacy, and not their treatment. Let's consider a third group: black and La

You characterize the woes of the second group as resulting from their purported inadequacy, and not their treatment. Let's consider a third group: black and Latinx ("racially-advantaged" is just about the most preposterous euphemism I've ever heard) who also go on to those top-50, non-Ivy schools. Overwhelmingly, their fortunes tend to be better described by your second timeline rather than your first, with FAANG replaced by lower-tier companies. So darker-skinned college students have a harder time; no matter what school they go to, no matter what effort they put in, and no matter what their career prospects are 1, 5, 10 years after graduation, they're worse off then a comparable white or Asian student. It's heartbreaking that you so fully and accurately recognize the surface level racial dynamics involved in academics and socioeconomic success, but not only completely mischaracterize the reasons they exist, but encourage their perpetuation.