Gerald Chan’s recent donation to Harvard fits with a growing trend of international donors to U.S. universities, especially those from Hong Kong and China.
All over Harvard’s campus, students are taking part in a well-worn ritual that brings representatives of the most influential firms in finance and consulting up to Cambridge.
In a society dominated by institutional benefits for the wealthy, preference for legacy applicants is a tiny detail in the larger picture of Harvard’s massively flawed “meritocracy.”
