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So turns out that someone studied this way back in 1999. I'll let you draw your own conclusions.

https://www.washingtonpost.com/wp-srv/WPcap/1999-10/27/049r-...

Unless I'm missing something obvious Dale & Kruger says people that get into top schools get the premium, which is exactly what I alluded to. What can the rest of us even do?

Makes me think my class of people are just considered garbage humans by everyone.

What is your class of people? The 99.99% that you alluded to in another comment? Can that be called a class of people?

Correct, those of us that didn't get into any elite institution (and most likely aren't considered "qualified").

You are indeed missing something obvious.

Help me out here, what am I missing?

Maybe read the article?

It seems like my takeaway is identical to the article's takeaway, that getting in matters more than going. Unless you're thinking of something else.

The whole "matters less multiple years into career" bit is a cope if it's just a measure of how inherently good you are if you can get in. There seems to be a clear separation between the people that get in and the people that don't!

Good students will do well wherever they go. The “getting in” qualification is a red herring. In this case it serves as the control.

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