Want to Go to an Elite College? Select Your Parents Wisely
Faced with grueling competition to get into the country's elite colleges, applicants may find that family connections play a much bigger role that was previously thought.
Faced with grueling competition to get into the country's elite colleges, applicants may find that family connections play a much bigger role that was previously thought.
For years now, private college tuition has risen far faster than inflation, a fact that colleges have used a fancy theory called Baumol's Law to explain away. Unfortunately for families who pay over $200,000 to send a child to one of those schools, the comparative value of the education rarely justifies the higher price.
As a new wave of high school students enter the college admissions horse race, here's a bit of advice for their parents: Stop looking at your kid and worrying about why he doesn't seem interested in getting into a top school. Instead, look in the mirror and worry about why you do care so much.



