"These patterns are important because previous research has found that there are many highly qualified lower-income students who do not attend selective colleges – and because the low- and middle-income students who do attend top colleges fare almost as well as rich students.
Even though they face challenges that other students do not, lower-income students end up earning almost as much on average as affluent students who attend the same college.
Look at the remarkably relative flatness of the colored lines below. An affluent student who attends one of 12 “Ivy plus” universities (the Ivy League colleges, Duke, M.I.T., Stanford and the University of Chicago) ends up around the 80th percentile of the income distribution on average. A lower-income student who attends one of those colleges ends up around the 75th percentile. Lower-income students who attend less elite colleges also have outcomes similar to others from the same college.
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