Over at The New Republic‘s blog The Stash, a post from Zubin Jelvah on whether going to an elite school is worth it, cost-wise, includes a striking graph that I have decided to steal (click for full-sized version).

It’s slightly hard to decipher at first, but the key feature here is the rapid rate at which top-tier schools are distancing themselves from everyone else when it comes to the amount they can spend on their students. There is a very precipitous drop that occurs not too far down the ladder.

So, not unexpectedly, the very top-tier schools, which cater to a higher percentage of extremely privileged students than other schools, can lavish those students with all sorts of benefits that are lacking at the schools attended by mere mortals (that is, members of the lower and middle classes).

Jesse Singal

Jesse Singal is a former opinion writer for The Boston Globe and former web editor of the Washington Monthly. He is currently a master's student at Princeton's Woodrow Wilson School of Public and International Policy. Follow him on Twitter at @jessesingal.