Venture capital (VC) funds led by accomplished black individuals are viewed less favorably by investors than similarly accomplished white-led firms, according to a study led by psychology professor Jennifer Eberhardt.
In determining what helps Stanford stand out, the researchers found that approximately 53% of Stanford students major in a STEM field, yielding some of the highest average salaries among graduates. Furthermore, Stanford offers generous financial aid of up to 112% of a household’s yearly income for lower income brackets.
Castilleja School’s proposal has faced community backlash, with nearby residents expressing concerns about increased traffic, rising housing costs and the school’s previous violation of city regulation.
