[kaitai]

I guess I'd disagree, in that admissions practices at many schools are designed to admit children of rich people. Sure, poor people aren't penalized for being poor per se, but they're not going to contribute to the endowment, you know?

So you get a boost for being a legacy, for having parents who are rich, for being from a rich feeder school that indicates you have parents who are rich, etc. It's not that you get a -1 on your point total for being poor. It's that you get a lot of +1s for being well-off, because ultimately well-off people give more money back to the school & produce well-off alumni who are attractive to well-off applicants. At private colleges and universities in particular there is a careful attention paid to long-term revenue, as colleges are feeling the economic squeeze in the amenities arms race. Colleges are separating into 'winners' and 'losers' and that sorting is along the lines of revenue and endowment.

The article is right on that connecting unconnected kids with connected peers is the biggest benefit of an 'elite' education. 'Winner' colleges today are trying to surf the wave of existing power structures rather than create/educate a new wave of potential elites.