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The American Myth: The Meritocracy
"This is one of the most blatantly obvious cases of ensuring the perpetuation of the rich getting into elite institutions and no one else being able to do it," he says. "These are teenagers who do not have financial literacy, we don't learn it in high school... And then 20 years later, their principal is three times the amount that they originally signed up for." The judge's decision will be announced at a hearing on Wednesday afternoon.