Study of elite college admissions data suggests being very rich is its own qualification // The New York Times
A study from Opportunity Insights examines the advantage wealthy applicants have in gaining admission to highly selective universities, and shows that at MIT they were no more likely to attend than the average applicant with the same test score. Stu Schmill, dean of admissions and student financial services, notes: “I think the most important thing here is talent is distributed equally but opportunity is not, and our admissions process is designed to account for the different opportunities students have based on their income.”
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