It still seems very hard to shake the myth of meritocracy when wealth and connections are shown to have greater impact than latent talent, but here's some more ammunition for that argument. It's not that graduating from a prestigious school is without merit, but simply even getting the chance to do so likely means, in most cases, that one's starting conditions were more favorable. At the very least, privilege means being allowed to make mistakes and recover from them that would end someone else's aspirations.

https://www.washingtonpost.com/business/2018/10/09/its-bette...