A degree from a prestigious university can open doors to elite business schools and law schools – and to jobs paying hundreds of thousands, if not millions, a year.
So parents who can afford it are paying grotesque sums to give their kids an edge.
They “enhance” their kid’s resumes with such things as bassoon lessons, trips to preserve the wildlife in Botswana, internships at the Atlantic Monthly.
They hire test preparation coaches. They arrange for consultants to help their children write compelling essays on college applications.
They make generous contributions to the elite colleges they once attended, to which their kids are applying—colleges that give extra points to “legacies” and even more to those from wealthy families that donate tons of money.
You might call this affirmative action for the rich.