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by sb52191 1076 days ago
I think you might be surprised at the distribution in wealth even within schools. Only an anecdote but I went to a public high school in somewhat of an inner city, and there was a stark contrast in financial well being across my classmates and myself. The kids from upper middle class families were the ones in AP classes and who went on to great universities, while the more median student likely came from a household that were much closer to the poverty line.

If performance had come with a financial bonus, I'd guess 90% of the recipients wouldn't notice any difference in their lives/outcomes. Maybe even a higher percentage than that.