How do you get into Harvard or Yale?

[Nathaniel]

These days, it may be an advantage to have less. Admissions officers at both schools are searching for the smart kids who overcame financial difficulties, a true indication of intelligence and work ethic. A guy from Beverly Hills whose parents are lawyers won't get away with a 2000 on his SATs. A girl from the inner city living in a one-room apartment? 2000 would be impressive.

That being said, if your father is a senator or your mother is CEO of a major company, your chances might be higher because of their connections and influence. In terms of wealth alone, however, less is more these days in Harvard and Yale admissions.