Should legacy admissions at colleges and universities be banned? What are the benefits and tradeoffs of admitting students based on their legacy status? 

In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen speak with guest Patrick Awuah, president of Ashesi University, about the Ghanaian university’s unique economic engine and the place for legacy admissions in the higher ed world.  

The conversation delves into how Ashesi University balances economic sustainability with educational inclusivity, the ethical and financial implications of legacy admissions, and tackles the controversial question, does admitting legacy students from wealthy families benefit the greater good of an institution? 

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All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM.