The widespread belief that attending an elite college is necessary for economic success and happiness persists despite evidence showing little change in socioeconomic diversity over a century.
Research indicates that elite colleges have remained enclaves of economic privilege, serving more to reinforce privilege than to promote socioeconomic mobility for a century.
The media's persistent focus on a few selective institutions over others creates a distorted perception of higher education, overshadowing many successful colleges.
Analysis of 2.5 million students from elite colleges suggests their socioeconomic diversity has not improved, contradicting the narrative that elite education guarantees upward mobility.
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