I’m on the record as being fine with Legacy. I ran a blog post two years ago called “What’s wrong with Legacy admissions?” and I still stand by it. In fact, I’d like to reiterate why I’m not as bothered by Legacy as the New York Times editorial board. It’s not that I think it’s a perfect policy that needs to be defended at all costs; I’m just not nearly as bothered by it as the Times.
How do wealthy kids get into elite colleges?
Earlier this week I wrote down my thoughts about the admissions scandal as we know it right now. In that post I argue, among other things, that massive cheating and bribery are not normal. I also argue that major donations to colleges are not actually legal bribes to get sub-par kids into elite schools, despite popular perception. However, popular perception is absolutely correct that elite universities are largely populated by wealthy students. So how do wealthy kids get into elite colleges? Are they, as many people have written in the past two weeks, gaming the system and destroying meritocracy? They are…kind of. Let’s look at some of the ways that wealth plays into college admissions.
Should you apply Early Decision?
As I’ve been talking to clients and other 12th-grade students lately, Early Decision keeps coming up. Whether or not to apply E.D. is a difficult choice for a lot of people. While I’m generally more “pro-E.D.” than a lot of other advisors, that enthusiasm is tempered with a number of reservations. So let’s go over some of the reasons to apply Early Decision, and also some of the reasons not to. (Remember, E.D. is the “binding” early application process. You can read more about it, including why schools even offer E.D., here.)