"The Corner-Stone" by Benquo
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About this listen
How elite is elite?
About 1.3 million high school juniors take the PSAT each year. Around 16,000 become Semifinalists (top 1.2%), of whom about 95% become Finalists. Of those 15,000 Finalists, only about 6,930 receive any NMSC-administered scholarship at all. The best-known category is a one-time $2,500 payment; most other awards are corporate- or college-sponsored.
The prospect of a free ride comes from a handful of schools that use National Merit status as a recruiting tool. The University of Alabama (the example Grok cited in the thread) offers Finalists a package covering tuition for up to five years, housing, a $4,000/year [...]
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Outline:
(00:46) How elite is elite?
(08:20) What meritocracy was for
(11:36) The compliance pipeline
The original text contained 19 footnotes which were omitted from this narration.
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First published:
April 2nd, 2026
Source:
https://www.lesswrong.com/posts/tihhx7iy8C6yyHaC2/the-corner-stone
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Narrated by TYPE III AUDIO.
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