%0 Report %A Barrios-Fernandez, Andres %A Neilson, Christopher A. %A Zimmerman, Seth D. %T Elite Universities and the Intergenerational Transmission of Human and Social Capital %D 2024 %8 2024 Aug %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 17252 %U https://www.iza.org/publications/dp17252 %X Do elite colleges help talented students join the social elite, or help incumbent elites retain their positions? We combine intergenerationally-linked data from Chile with a regression discontinuity design to show that, looking across generations, elite colleges do both. Lower-status individuals who gain admission to elite college programs transform their children's social environment. Children become more likely to attend high-status private schools and colleges, and to live near and befriend high-status peers. In contrast, academic achievement is unaffected. Simulations combining descriptive and quasi-experimental findings show that elite colleges tighten the link between social and human capital while decreasing intergenerational social mobility. %K elite universities %K intergenerational mobility %K human capital %K social capital