Comment by VinLucero
1 day ago
Are you assuming elite college admission counts are rigid in the count of people admitted because of real teaching constraints or reducing the supply of prestige?
1 day ago
Are you assuming elite college admission counts are rigid in the count of people admitted because of real teaching constraints or reducing the supply of prestige?
None of my arguments require any assumption on why. But I would say that it's because of prestige and signaling.