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Re:Princeton admits record-low 3.98% of applicants by dmarchand90 on Friday April 16, 2021 @12:07PM (#26835659)
It's behind a soft paywall but this article describes what you're saying very nicely. https://www.theatlantic.com/ideas/archive/2018/12/does-it-ma...

Apparently college is almost useless for rich white guys but it's progressively more useful if you're not rich, white, or a guy.

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