The Power of Privilege examines the nexus between social class and admissions at America’s top colleges from the vantage point of Yale University, a key actor in the history of higher education. It is a documented history of the institutional gatekeepers, confident of the validity of socially biased measures of merit, seeking to select tomorrow’s leadership class from among their economically privileged clientele. Acceptance in prestigious colleges still remains beyond the reach of most students except those from high-income professional families. Ultimately, the author suggests reforms that would move America’s top schools toward becoming genuine academic meritocracies.