Transcripts for CNN CNN Special Report 20191021 01:28:00 : v

CNN CNN Special Report October 21, 2019 01:28:00

getting in from some boy from p.s. 109 somewhere. eventually brewster gave in and ever since, no ivy league school has dared to take on the preference for alumni's children. >> they're terrified what would happen to their fundraising if they got rid of legacy preference. >> but there are great schools out there that avoid legacy preference. and they're doing just fine. cal tech doesn't cater to alumni kids, and it has one of the largest endowments in the nature. even oxford and cambridge with their centuries of hallowed tradition refuse to favor alumni children. their endowments are well into the billions. >> we like to think that england is the land of social class and

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