It is widely assumed that admission to elite U.S. universities is based solely on academic merit—the best and brightest are admitted to Harvard, Yale, and their peer institutions as determined by test scores and GPA, and not by lineage or family income. But does reality support those expectations? Or are admissions governed by a logic that rewards socioeconomic status while disguising it as personal merit? The Power of Privilege examines the nexus between social class and admissions at America's top colleges from the vantage point of Yale University, a key actor in the history of higher education. It is a documented history of the institutional gatekeepers, confident of the validity of socially biased measures of merit, seeking to select tomorrow's leadership class from among their economically privileged clientele. Acceptance in prestigious colleges still remains beyond the reach of most students except those from high-income professional families. Ultimately, the author suggests reforms that would move America's top schools toward becoming genuine academic meritocracies.

Despite being immensely popular--and immensely lucrative—education is grossly overrated. In this explosive book, Bryan Caplan argues that the primary function of education is not to enhance students' skill but to certify their intelligence, work ethic, and conformity—in other words, to signal the qualities of a good employee. Learn why students hunt for easy As and casually forget most of what they learn after the final exam, why decades of growing access to education have not resulted in better jobs for the average worker but instead in runaway credential inflation, how employers reward workers for costly schooling they rarely if ever use, and why cutting education spending is the best remedy. Caplan draws on the latest social science to show how the labor market values grades over knowledge, and why the more education your rivals have, the more you need to impress employers. He explains why graduation is our society's top conformity signal, and why even the most useless degrees can certify employability. He advocates two major policy responses. The first is educational austerity. Government needs to sharply cut education funding to curb this wasteful rat race. The second is more vocational education, because practical skills are more socially valuable than teaching students how to outshine their peers. Romantic notions about education being "good for the soul" must yield to careful research and common sense — The Case against Education points the way. (less)