DYSPEPSIA GENERATION

We have seen the future, and it sucks.

Freddie deBoer, ‘Elite Overproduction’ and the Inevitability of Competition

29th June 2023

The Other McCain.

Most students at elite universities come from affluent backgrounds. Their parents are usually college-educated professionals, and the offspring of such families are expected to follow a similar career trajectory, to emulate and hopefully exceed their own parents’ success. Highly intelligent, they are recognized as top students at an early age, chosen for “gifted” classes in elementary school, put onto the academic fast-track of honors classes in high school, and steered toward highly selective universities — the Ivy League, Northwestern, Stanford, etc. — where merely being admitted to the freshman class is a prestigious honor.
These youth are repeatedly told by their parents and teachers, like the chorus in Greek tragedy, that there is no limit to their future achievements. Nothing is beyond their reach, they are assured, and their experience of scholastic achievement — valedictorian, admitted to a very selective university — gives them no reason to doubt this prophesy of success. Their ambition is boundless. They expect to win.
Well, the freshman class at Harvard is nearly 2,000 kids, and the freshman class at Yale is over 1,500, and there simply aren’t enough chairs at the table of Ivy League greatness to accommodate every clever freshman who wants a seat. It is proverbial that the hardest part of graduating from Harvard is getting admitted to Harvard — well over 95% of freshmen eventually get their diploma — but then what? Harvard, Yale, Duke, NYU — go on down the list of elite universities, total up their graduating classes, and you realize that the top 20 schools are cranking out something over 30,000 “elite” graduates every year. Some of them are trained in fields like engineering or banking where their degrees will automatically qualify them for lucrative employment, but what will become of the liberal arts majors? A degree in English literature from Yale is a more prestigious credential than a similar diploma from a second-tier state university, but it’s still not a coupon that can be automatically redeemed for a big house and a new car.

UPDATE: Why So Many Elites Feel Like Losers

 

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