Admissions14 min read
The Test You Cannot Buy
A case for treating admissions as a choice between instruments—not between sorting and not sorting—and for using the one that wealth can influence least.
News, arguments, and member perspectives on admissions, credentials, campus life, and building a new kind of university.
A case for treating admissions as a choice between instruments—not between sorting and not sorting—and for using the one that wealth can influence least.
Bryan Caplan is right that most of what a degree buys is a signal. He is wrong about what to do next.