Why Elite College Admissions Are Biased Toward the Superrich

Why Elite College Admissions Are Biased Toward the Superrich

Less than 1 percent of college students attend Ivy League colleges and equally selective schools, like Stanford and Duke. But these schools have an outsize influence on American life. Practically every Supreme Court justice of the last 40 years, 25 percent of the U.S. Senate, and one in eight Fortune 500 CEOs went to these schools. A new study on their admissions programs finds that they are heavily biased toward children from rich families. For applicants with the same SAT score, kids from families in the top 0.1 percent were more than twice as likely to get in compared to the average student. A coauthor on that paper, Harvard economist David Deming, talks to Derek about what his landmark study tells us about college, fairness, and the American Dream. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: David Deming Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Four Megatrends for 2024 in Tech, Economics, Media, and Weird Science

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3 Tammi 202431min

The Biggest Breakthroughs in Science Happening Right Now

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If you're looking for a hopeful and mind-expanding conversation to round out the year, this one is for you. It's our breakthroughs of the year episode, covering 2023's biggest achievements in science ...

27 Joulu 20231h 3min

The Truth About Ketamine: Depression Cure, Health Fad, or Placebo?

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One week ago, Matthew Perry’s autopsy report came back, finding that the ‘Friends’ actor died from the acute effects of ketamine overdose. His death has sharpened focus on the popular and controversia...

22 Joulu 202343min

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