“My daughter started getting big, expensive, glossy brochures from schools like Harvard. There is literally no student in my zip code who can get into Harvard who doesn't know about Harvard. So why did they send these fancy brochures? In order to induce students to apply so they can reject them. … They've become a rejection academy.”

Yeah, I mean, I would say the one little activity that personifies what you just said is my daughter did okay in her SAT scores, and she started getting brochures from colleges. And she got big, expensive, glossy brochures from schools like Harvard. There is literally no student in my zip code who can get into Harvard who doesn't know about Harvard. And so why did they send these fancy brochures? In order to induce students to apply so they can reject them. That way they can say we're rejecting 96% of the kids who are applying to our school. And so that's a bit of the cynicism of creating, not only creating scarcity, but bragging that you've become a rejection academy, rejecting 96% of the kids who apply. And so that to me is a bit of the segmentation. And then recruiters from the banks and the consulting groups, they recruit at various few schools. Somebody did a study of looking at who works in media, entertainment, corporations, law, science, and 50%. 54% in these various diverse fields went to the same 32 elite colleges. And so we have created a segregation system based on SAT scores and grades that divides…