Posted on Jul 24, 2023
Affirmative Action for rich kids: It's more than just legacy admissions
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Posted 9 mo ago
Responses: 2
PO1 William "Chip" Nagel
..."But many schools, including the majority of the Ivy-Plus colleges, are still clinging to their legacy admission programs. If their goal is to have their students go on and make a significant impact on society, Chetty and his colleagues find, that doesn't make a lot of sense. They find that rich kids who are admitted because of their legacy status or their athletic background or their non-academic ratings are actually a bit less likely to see outsized success after graduating, compared to middle- or lower-class kids who don't have those credentials. The economists find that raw SAT and ACT scores — and, more generally, academic ratings like GPA — are much more predictive of future success than anything else.
Of course, these colleges may still be reluctant to end their programs that give a leg up to the richest kids in America. The colleges assert that legacy programs help build community and school loyalty. Probably more relevant is the importance of legacies to these fancy private colleges' business models: rich kids are more likely to pay tuition — and their parents are more likely to give donations and pad their endowments."...
..."But many schools, including the majority of the Ivy-Plus colleges, are still clinging to their legacy admission programs. If their goal is to have their students go on and make a significant impact on society, Chetty and his colleagues find, that doesn't make a lot of sense. They find that rich kids who are admitted because of their legacy status or their athletic background or their non-academic ratings are actually a bit less likely to see outsized success after graduating, compared to middle- or lower-class kids who don't have those credentials. The economists find that raw SAT and ACT scores — and, more generally, academic ratings like GPA — are much more predictive of future success than anything else.
Of course, these colleges may still be reluctant to end their programs that give a leg up to the richest kids in America. The colleges assert that legacy programs help build community and school loyalty. Probably more relevant is the importance of legacies to these fancy private colleges' business models: rich kids are more likely to pay tuition — and their parents are more likely to give donations and pad their endowments."...
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