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Ep. 797: Paul Tough Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Bias of Low Income Students in the Interview Process

Many kids coming from a less than economic advantage in their family. The system is set up against them again because when they go in for the interview, did you play lacrosse? You're right. That is an issue. But I also think to look at the picture slightly more broadly, when low income students do attend those most selective institutions,. They succeed in those institutions academically. Their outcomes in terms of their income is very positive. A lot of them end up in the top income quintile. So mostly it works.

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