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Yes they do provide that, but also restrict it because they have no incentive to really expand access to those resources. But part of their value offering is al
by chrischen 4y ago
Yes they do provide that, but also restrict it because they have no incentive to really expand access to those resources. But part of their value offering is also in the selection process (for the merit based part at least). So they select, provide them with resources, and they really only have to do this enough to maintain their position and status to to sell their product: get an education with the best and brightest in our country. Their product is sold to the 1% of legacy admissions and donors who literally buy their way in. Legacy literally means intergenerational wealth preservation here.
But my point is they only have to maintain their core product well enough to serve that purpose of letting the old money rub elbows with the actual best and brightest. Their goal isn’t to help the second, or third, or fourth best and brightest get the education they deserve.
As someone who hires my goal would be to use these elite college filters, but then try to filter out the legacy admits… but that would be unfair to the truly talented legacy admits. It would be disruptive if somehow that high quality education was scaled so anyone could access it, and that stamp of approval from being associated with the elite colleges was also scaled out and handed to only those that are actually exceptional. For the most part the current system serves the exceptional decently well. Where it fails is with the rest of the population. Given two people of equal 50th percentile exceptional abilities, the one that is really wealthy can buy their way into fake exceptionality and get treated by society as if they were actually smarter.