Another Way the Ivy League Perpetuates Inequality
3rd December 2015
Read it.
We’ve written before that “America’s top universities, for all their rhetoric about equality, diversity, and social justice, actually do far more to perpetuate and sustain the upper class than they do to promote those values.” Schools like Harvard, Stanford, and Princeton “rack up billions in tax-exempt donations, connect their disproportionately wealthy students to lucrative job opportunities, and foster exclusive social networks of the rich and powerful.”
A new study out of UC San Diego highlights one of the ways this process works. According to the authors, elite universities facilitate the Ivy League-Wall Street nexus by actively shepherding students into fields of finance and consulting by giving these firms preferential access to their students.
Where was this system when I needed it? Sheesh.
The simple fact is, that the people who go to these schools are, by any measure, the cream of the crop, and the cream always rises. (That others are also successful doesn’t undercut my thesis: These upper-level institutions simply don’t have the room to embrace all of the top-tier.)
This is true despite the increasing adulteration of the student population with affirmative-action admissions and other politically-motivated pandering — such people either don’t get picked for jobs in areas like finance or ‘flunk out’ as soon as their incompetence becomes apparent … although that is also being steadily adulterated by ‘diversity’ mandates in business firms; but such tokens rarely make the Big Bucks unless they wind up in a successful race-hustling operation like the Rainbow Coalition or some other lobbying group.