that today's wealthier Boomers, whose parents were the "Greatest Gen" (who got into the top schools when there was way less competition), followed them into the elite institutions. The Boomers have set all the traps to make the vastly increased competition ineffective against their kids but effective for everyone else. When you go to the elite schools, you can get a job at a top finance, consulting, or PR firm with a non-quantitative major 9 out of 10 times before a finance or statistics/analytics major from even a top state school can or top non-state and non-Ivy school. To protect an artificial advantage is why rich boomers peddle the idea that the math education, and thus skills for many of the actual GOOD jobs out there, doesn't need a serious federally induced overhaul. Donald Trump is the epitome of this phenomenon.
Reformed math education, and thus the end of the Ivy League prestige alone as a way to get a job, is the answer, a lot more than protectionism or even increased taxes (which I'm for on the rich). Lets be real here: most poli sci, history, anthropolgy majors are not learning anything they can't learn on Wikipedia, books, etc (ie being in the class room and doing the assignments with trial/error/correction is optional at best)