I've got a freshman in high school - and he's very bright - doing AP Calc now. But he already feels like it's impossible to get into these schools so why bother. He started the conversation tonight with "I don't think I want to go to MIT anymore." Which broke my heart a little bit - not because I care whether he goes to MIT - but because it you could see his expectations being crushed by reality.
This is the system that we have built for higher education in the United States, and it's incredibly f*cked up.