Attention Economy


Monday, July 24, 2023

Controversies Surrounding the Admissions Process at Elite US Colleges

How Ivy League Schools Tilt Your Odds in the Lottery of Life
https://www.wsj.com/articles/how-ivy-league-schools-tilt-your-odds-in-the-lottery-of-life-590f8ec1
Smart, diligent students will prosper no matter their alma mater. Yet for a few, a top college is the difference between doing well and reaching the top.


Study of Elite College Admissions Data Suggests Being Very Rich Is Its Own Qualification
https://www.nytimes.com/interactive/2023/07/24/upshot/ivy-league-elite-college-admissions.html
The new data shows that among students with the same test scores, the colleges gave preference to the children of alumni and to recruited athletes, and gave children from private schools higher nonacademic ratings. The result is the clearest picture yet of how America’s elite colleges perpetuate the intergenerational transfer of wealth and opportunity.
“What I conclude from this study is the Ivy League doesn’t have low-income students because it doesn’t want low-income students,” said Susan Dynarski, an economist at the Harvard Graduate School of Education, who has reviewed the data and was not involved in the study.
In effect, the study shows, these policies amounted to affirmative action for the children of the 1 percent, whose parents earn more than $611,000 a year. It comes as colleges are being forced to rethink their admissions processes after the Supreme Court ruling that race-based affirmative action is unconstitutional.
 
Related:
https://www.nytimes.com/2023/07/24/briefing/college-admissions-elite-students.html
https://vivekjayakumar.blogspot.com/2023/07/americas-elite-colleges-rhetoric-versus.html
https://vivekjayakumar.blogspot.com/2023/07/the-case-for-active-meritocracy-in.html
https://vivekjayakumar.blogspot.com/2023/07/why-affirmative-action-does-not-matter.html
https://vivekjayakumar.blogspot.com/2023/06/race-and-college-admissions.html
 
 
Diversifying Society’s Leaders? The Determinants and Causal Effects of
Admission to Highly Selective Private Colleges
https://opportunityinsights.org/wp-content/uploads/2023/07/CollegeAdmissions_Paper.pdf
Abstract
Leadership positions in the U.S. are disproportionately held by graduates of a few highly selective private colleges. Could such colleges — which currently have many more students from high-income families than low-income families — increase the socioeconomic diversity of America’s leaders by changing their admissions policies? We use anonymized admissions data from several private and public colleges linked to income tax records and SAT and ACT test scores to study this question. Children from families in the top 1% are more than twice as likely to attend an Ivy-Plus college (Ivy League, Stanford, MIT, Duke, and Chicago) as those from middle-class families with comparable SAT/ACT scores. Two-thirds of this gap is due to higher admissions rates for students with comparable test scores from high-income families; the remaining third is due to differences in rates of application and matriculation. In contrast, children from high-income families have no admissions advantage at flagship public colleges. The high-income admissions advantage at private colleges is driven by three factors: (1) preferences for children of alumni, (2) weight placed on non-academic credentials, which tend to be stronger for students applying from private high schools that have affluent student bodies, and (3) recruitment of athletes, who tend to come from higher-income families. Using a new research design that isolates idiosyncratic variation in admissions decisions for waitlisted applicants, we show that attending an Ivy-Plus college instead of the average highly selective public flagship institution increases students’ chances of reaching the top 1% of the earnings distribution by 60%, nearly doubles their chances of attending an elite graduate school, and triples their chances of working at a prestigious firm. Ivy-Plus colleges have much smaller causal effects on average earnings, reconciling our findings with prior work that found smaller causal effects using variation in matriculation decisions conditional on admission. Adjusting for the value-added of the colleges that students attend, the three key factors that give children from high-income families an admissions advantage are uncorrelated or negatively correlated with post-college outcomes, whereas SAT/ACT scores and academic credentials are highly predictive of post-college success. We conclude that highly selective private colleges currently amplify the persistence of privilege across generations, but could diversify the socioeconomic backgrounds of America’s leaders by changing their admissions practices. 


America needs to stop relying on the choices made by elite colleges