Because the system is meant to recreate rich WASPS & to keep us out (if not to take us out entirely).
At the same time, those of us who aren't dead have a much harder time getting in.
For me to get in, I had to wait until I was 37 & earn $ /cred from yrs of work & do it alone after many members of my family had passed.
Which reminds me, I gotta read this
nytimes.com/2019/02/26/boo…