The idea of college prestige, examined

One of the takeaways from the 2019 college admissions scandal is the enormous cultural weight placed on college prestige. Does going to a more prestigious school really make a difference your life? It depends, says Ron Lieber, author of “The Price You Pay for College” and The New York Times’ “Your Money” column. We spoke to Lieber about different facets of this concept. We check in on small businesses that have been stocking up on inventory to avoid – or at least soften the blow – of supply chain issues.