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by mrkeen 1365 days ago
> it is very likely that majority of those professors attended those schools via a sort of scholarship to start with as a result of their success prior to universities they got accepted.

    When it comes to admissions to elite schools, money can all but guarantee access to those who can afford it

    https://www.theguardian.com/us-news/2019/mar/13/rich-kids-top-college-admissions
2 comments

It is an obvious fact that majority of ivy league school students are coming from rich families. My argument is rather that (again with zero data to back it up) even if the ratio of full scholarship to full fee students is around 20%, a big majority of the ones who pursue an academic career (and become a professor) are the ones who got into those schools via scholarship in the first place while the rich kids mostly go back to running their family business or aiming for high paying jobs immediately after their graduation.
That's what the Ivy League is for. It's difficult to flunk out of Harvard. 98% of those admitted graduate.