alt Hacker News100% agree, isn't this the meritocracy we want?
The other side of this is saying the status quo is; as a high school senior with wealthy parents, you don't have to compete against as many strong students if you apply for MIT because it has high barriers to entry (that aren't based on merit), and so you should apply even if you aren't particularly interested in their offering.
Also, the reality is most kids will be applying for all of the schools. MIT might want to improve their yield rate.
Yep. I just got done reading The Meritocracy Trap and the gist of it is that wealthy kids already have tons of educational resources thrown at them to get into good high schools, colleges, and careers. So they don’t also need financial advantages and legacy admissions.
This doesn’t solve all of those problems but it’s a start.