One sees various efforts in developed as well as in developing economies to seek a greater participation of lower-income students in their nation's leading universities. Once lower-income students do enroll in a highly selective institution, what happens to them? How well do they do academically when compared to their more wealthy counterparts?…

For several decades, education has assumed a vital role in this country's economic, social, and political development, catapulting less advantaged citizens into higher social classes and the political process. A testament to education's fundamental importance in our society are the numerous programs designed during the 1960s to eliminate the…