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by whymauri 1847 days ago
Students with full-ride scholarships (not just at Princeton and Stanford) typically come from households making <65k a year, with around a third (might have changed since mid 2010s) being near the four-person household poverty line.

I would hardly call that elite. For many of these students, these schools are the primary mechanism for class mobility -- taxing their scholarships is a hindrance that many can't afford. At this point, college is so expensive and so much of that is taxable that work study is an accounting trick to offset the tax liability -- this forces poor students, literally not the elite, to operate with unnecessary time and financial pressures.

1 comments

If they are at Stanford and Princeton, they are definitionally members of the cognitive elite already. Period, and this goes for people that are admitted at all. Considering the median income in the country for a single-earner is about $65k they don't really get much sympathy (nor should they).

They shouldn't be treated better than the people at CSULA by virtue of their "genetic superiority".

A freshman from Compton, CA or rural Alabama who goes to Stanford on a full-ride need-based scholarship is not part of the 'cognitive elite.' Second, these sorts of tax laws can apply to any school, including a UC or CSU (there will just be less taxes due to lower COA).

>Considering the median income in the country for a single-earner is about $65k

Median != 'elite'.

>"genetic superiority".

???

Someone from Compton or rural Alabama deserves the same treatment as any other elite that gets into HYPSM - they have access unlimited external social validation by society as smart and accomplished (because they are). I don’t understand why people don’t understand that you need to be a cognitive elite, a truly exceptional individual to get into these schools - normal people don’t get in. To emphasize, no matter your prior background you are an elite, likely on all dimensions, compared to someone that goes to University of Arizona.

If the tax implications are indeed the same for people at CSUs, it’s offensive that you used the Stanford example. It implies that normal people like me - the true 99.9% of society that hold it together - don’t matter at the expense of the people that already have literally everything going for them. I have nothing compared to them.

And yes, the people that get into Stanford are probably genetically superior to the ones at SJSU according to people like Thiel and anyone that buys into IQ having a significant hereditary component.