Mwolf the same could be said for most schools including LACs such as Middlebury:
“The median family income of a student from Middlebury is $244,300, and 76% come from the top 20 percent. About 1.3% of students at Middlebury came from a poor family but became a rich adult.”
I dont think you can generalize about the Ivies. If anything the LACs are just as dependent on finding full pay kids and supporting their alumni.
When you say:
“What Ivies REALLY prefer are:
3. Legacies who have relatively high stats (top 15% in GPA and SAT/ACT, moderate ECs, no awards)
4. Athletes who have relatively high stats (top 15% in GPA and SAT/ACT, moderate ECs, athletic awards)”
I think it is an over simplification and generalization that is hardly unique to Ivies.