A new (and larger) Chetty study on elite college admissions is released today

I suspect this is a common reaction. This all started with a question about why there was not more competition among certain “prestige” colleges for the highest-qualification upper-middle-class students. But if the “harm” to such a lack of competition is ultimately just more such applicants ending up at colleges like WUSTL as opposed to Dartmouth, most people are unlikely to find that to be a really significant issue in the greater scheme.

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