12/13/2023 0 Comments Synonyms for endowedThat means that just by changing their admissions policies, these colleges could make the country’s leadership more socioeconomically diverse. Compared with attending one of the best public colleges, attending an Ivy or another super-selective private school increases a student’s chance of reaching the top of the earnings distribution by 60 percent and “has even larger impacts on other non-monetary measures of upper-tail success, such as attending an elite graduate school or working at a prestigious firm.” These schools “amplify the persistence of privilege across generations,” the economists find. New research published this morning from three economists-Raj Chetty of Harvard, David Deming of Harvard, and John Friedman of Brown University-confirms that these kids do indeed become elites. Then they unleash them on society, perhaps having taught them something and certainly having socially bound them together and anointed them as elites. The schools shape these students, mold them, sometimes for free, sometimes at laughable cost. Promising is often a synonym for rich already. But viewed in a different way, these schools prompt children to engage in soul-destroying bloodsport to distinguish themselves from one another in order to secure one of a tiny number of spots offered each year. Harvard says it exists to “educate the citizens and citizen-leaders for our society” through the “transformative power of a liberal arts education.” Dartmouth “educates the most promising students and prepares them for a lifetime of learning and of responsible leadership through a faculty dedicated to teaching and the creation of knowledge.” The schools themselves have ready answers to those questions. What does Harvard do? What is Yale for? What is Dartmouth’s purpose?
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