The federal admissions-cheating case unveiled Tuesday highlights the intense pressure families feel to not only get their child into a good college—but into the best college possible. Not only do certain schools signal status, but they are a hedge against a quickly changing economy that is displacing entire sectors. Good schools can not only deliver consistently higher earnings for their graduates, but in an age of uncertainty, they consistently indicate an ability to learn fast.

Source: Wall Street Journal March 12, 2019 21:51 UTC