April 19, 2024

Economic Scene: Top Colleges, Largely for the Elite

Like it or not, these colleges have outsize influence on American society. So their admissions policies don’t matter just to high school seniors; they’re a matter of national interest.

More than seven years ago, a 44-year-old political scientist named Anthony Marx became the president of Amherst College, in western Massachusetts, and set out to change its admissions policies. Mr. Marx argued that elite colleges were neither as good nor as meritocratic as they could be, because they mostly overlooked lower-income students.

For all of the other ways that top colleges had become diverse, their student bodies remained shockingly affluent. At the University of Michigan, more entering freshmen in 2003 came from families earning at least $200,000 a year than came from the entire bottom half of the income distribution. At some private colleges, the numbers were even more extreme.

In his 2003 inaugural address, Mr. Marx — quoting from a speech President John F. Kennedy had given at Amherst — asked, “What good is a private college unless it is serving a great national purpose?”

On Sunday, Mr. Marx presided over his final Amherst graduation. This summer, he will become head of the New York Public Library. And he can point to some impressive successes at Amherst.

More than 22 percent of students now receive federal Pell Grants (a rough approximation of how many are in the bottom half of the nation’s income distribution). In 2005, only 13 percent did. Over the same period, other elite colleges have also been doing more to recruit low- and middle-income students, and they have made some progress.

It is tempting, then, to point to all these changes and proclaim that elite higher education is at long last a meritocracy. But Mr. Marx doesn’t buy it. If anything, he worries, the progress has the potential to distract people from how troubling the situation remains.

When we spoke recently, he mentioned a Georgetown University study of the class of 2010 at the country’s 193 most selective colleges. As entering freshmen, only 15 percent of students came from the bottom half of the income distribution. Sixty-seven percent came from the highest-earning fourth of the distribution. These statistics mean that on many campuses affluent students outnumber middle-class students.

“We claim to be part of the American dream and of a system based on merit and opportunity and talent,” Mr. Marx says. “Yet if at the top places, two-thirds of the students come from the top quartile and only 5 percent come from the bottom quartile, then we are actually part of the problem of the growing economic divide rather than part of the solution.”

I think Amherst has created a model for attracting talented low- and middle-income students that other colleges can copy. It borrows, in part, from the University of California, which is by far the most economically diverse top university system in the country. But before we get to the details, I want to address a question that often comes up in this discussion:

Does more economic diversity necessarily mean lower admissions standards?

No, it does not.

The truth is that many of the most capable low- and middle-income students attend community colleges or less selective four-year colleges close to their home. Doing so makes them less likely to graduate from college at all, research has shown. Incredibly, only 44 percent of low-income high school seniors with high standardized test scores enroll in a four-year college, according to a Century Foundation report — compared with about 50 percent of high-income seniors who have average test scores.

“The extent of wasted human capital,” wrote the report’s authors, Anthony P. Carnevale and Jeff Strohl, “is phenomenal.”

This comparison understates the problem, too, because SAT scores are hardly a pure measure of merit. Well-off students often receive SAT coaching and take the test more than once, Mr. Marx notes, and top colleges reward them for doing both. Colleges also reward students for overseas travel and elaborate community service projects. “Colleges don’t recognize, in the same way, if you work at the neighborhood 7-Eleven to support your family,” he adds.

Several years ago, William Bowen, a former president of Princeton, and two other researchers found that top colleges gave no admissions advantage to low-income students, despite claims to the contrary. Children of alumni received an advantage. Minorities (except Asians) and athletes received an even bigger advantage. But all else equal, a low-income applicant was no more likely to get in than a high-income applicant with the same SAT score. It’s pretty hard to call that meritocracy.

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Amherst has shown that building a better meritocracy is possible, by doing, as Mr. Marx says, “everything we can think of.”

E-mail: leonhardt@nytimes.com; twitter.com/DLeonhardt

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A Shaken Agency Looks to the Future

The abrupt resignation of Dominique Strauss-Kahn late Wednesday night has brought tensions long simmering beneath the surface at the powerful organization to a boil.

Nations like Brazil want a more open process that does not see the top position at the I.M.F. granted to a European, as has been the convention since the fund was founded 65 years ago. They hope instead to put forth a credible candidate from the emerging world to reflect its growing economic clout.

“We must establish meritocracy, so that the person leading the I.M.F. is selected for their merits and not for being European,” Guido Mantega, Brazil’s finance minister, said late Wednesday

China, too, publicly weighed in on the debate, suggesting that achieving a consensus on the successor to Mr. Strauss-Kahn may take several months. “In principle, we believe that emerging and developing countries should have representation at senior levels,” a Chinese foreign ministry spokesman said Thursday, the second such statement in two days.

Politicians from across Europe closed ranks, appearing to coalesce behind Christine Lagarde, France’s finance minister, as their preferred candidate to succeed Mr. Strauss-Kahn, who is also French.

Chancellor Angela Merkel of Germany publicly called for a European to assume the job, arguing that the Continent’s festering economic problems required a European to stay in place. German media reported that she favored Ms. Lagarde.

“Of course, developing nations are within their rights in the medium term to occupy the post of either I.M.F. head or World Bank chief,” Mrs. Merkel said, according to news reports. “But I think that in the current situation, with serious problems with the euro and the I.M.F. strongly involved, there is a lot in favor of a European candidate being put forward.”

In Washington, the I.M.F. said the 24-member executive board had begun discussions about the selection process for the new managing director. The board is scheduled to hold its regular weekly meeting on Friday when the timetable for succession, like deadlines for nominations, may be discussed. Countries will nominate their candidates, and then the board will vote, with large financial contributors like the United States and Japan getting a bigger share of voting rights. The entire process could take months, as it has in the past.

But the real negotiations and horse-trading have already shifted back to national capitals; one issue being discussed is whether a European would serve out the remaining year and a half of Mr. Strauss-Kahn’s term, before handing over to a candidate from the emerging nations, or, more likely, whether a new head should be elected to serve a full five-year term.

President Nicolas Sarkozy of France spoke with Mrs. Merkel by phone Wednesday and will speak with Prime Minister David Cameron of Britain on Friday about succession, said an official in Mr. Sarkozy’s office who spoke on condition of anonymity. President Obama and other heads of the Group of 8 industrial powers will also discuss the matter when they meet in Deauville, France, next week, the official said.

Support from the United States is crucial. At 16 percent, it has the single biggest voting share on the fund’s board. Together, the United States and numerous European countries control more than 50 percent of the voting shares.

On Thursday, Treasury Secretary Timothy F. Geithner said the United States wanted a “prompt succession,” perhaps suggesting the United States is interested in promoting a quick changeover that leaves a European in charge and does not disturb the status quo.

But he said the United States also wanted to see an “open process,” stopping short of endorsing Europe’s claim. The United States faces a sensitive task over the next few months, risking confrontation if it backs a European candidate, leaving room for countries with developing economies to come up with a credible candidate of their own.

Katrin Bennhold, Keith Bradsher and Edward Wyatt contributed reporting.

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