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Despite America's egalitarian ideals, there's a dearth of students from low-income high schools attending our elite colleges and universities. As DailyFinance senior writer Bruce Watson explains, part of the problem is that these students lack resources at their schools that would let them know a top college was an option; as a result, even the brightest are unaware of the opportunities available to them.

However, with elite schools clustered around urban areas, is geography preventing students from achieving what they could? Do they even realize that they can get the same funding available to fellow students in the rest of the country? ​Watch the rest of the discussion in the videos below.

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