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[quote=Anonymous][quote=Anonymous]I don’t see why this is so mystifying to all of you.  Since the 1980s (thanks, Reagan), the middle class has been hollowed out. The gap between the haves and the have nots has expanded greatly. The differences between the two groups are extreme; it’s not just a slight difference, it’s a huge gulf. Parents who are paying attention see this. They want their kids to have healthcare, to live in safe neighborhoods, to be able to own a home, and to have whatever economic security is possible in a culture where employees are entirely disposable and companies care only about creating shareholder value. They don’t want their kids to become the have nots, so this anxiety drives them to work to ensure that their kids have every advantage, whether real or perceived.

Sure, you can be very successful wherever you go to school, and going to a top school guarantees nothing. But setting aside individual stories, on the whole, going to a top school confers an advantage.  
[/quote]

Pedigree.  It was always the American dream and what immigrant families worked hard for.  Elite college and circles was always the goal.  Look at the Kennedys.  Irish were looked down upon, huge discrimination.  Same with Italians.

The fancy prep school and Ivy League degree confer social standing. Joe Kennedy saw this. It didn’t matter how much $$ he had unless the kids also had the degrees/fancy education.

I’m not saying I agree.  I went to public school and a public state university.  I’m just commenting on the “why”.  Ironically, spouse and I made $ and our kids are at an Ivy.  My parents couldn’t afford to send me to an Ivy as middle class/donut hole. I am at a place after several generations (starting very poor) where I didn’t have to set a limit on school choice.

Holistic admissions has opened the doors. There is less need now for the Harvard degree, etc. But, they still hold sway in many circles. [/quote]

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