Who are the HALIs?
Who are HALIs? HALIs [pronounced hay-lees] are high-achievement, low-income students. The easiest way to define them as a group is students with a minimum A- GPA and score in the top 10% of SAT/ACT scores, with a family income in the bottom quartile-approximately $41,500 a household. This is when most articles would start bending towards a political message, but that’s not why we have skin in the game. We, Prepify, believe universities are missing out on tens of thousands of HALIs, because the system to find the most talented students is inefficient. The work of Hoxby and Avery made one aspect of the problem clear: the HALIs aren’t applying to selective universities, putting an end to the narrative that those schools must fight over the few diamonds in the rough.
The issue of making college admissions more efficient has been a concern for some time. Next year is the 50th anniversary of the 1965 Higher Education Act. A bill that President Johnson signed as part of The Great Society, and “To thousands of young men and women, this act means the path of knowledge is open to all that have the determination to walk it.” More poignantly that a student should not be prevented from college, “because his family is poor.” A very simple, but bold endeavor. The Act has still not been reauthorized by the House for 2014. So, for the sake of pragmatism, not a fond word in Congress, let’s leave politics out of it. Which is not to say only academics and politicians are talking about this problem. Even College Board put some skin in the game last year deciding to send out a packet of information on the top schools to all students who score in the top 15%, a significant cost to the College Board. The more people pay attention to the problem, the better chance we have to solve it.
In order to solve the problem of a market inefficiency in college admissions we believe providing better tools for all students, not just those that can afford them, is a good first step. Which is why we are excited that Prepify.me [beta] launched this week. It’s free SAT Prep that is intuitive and interactive. Once we’re fully functional, we will be able to address the inefficiencies on the front and back end of the admissions process. Universities can’t go to every high school, so we are going to make the process of making matches between the HALIs and the colleges that much easier. Eliminating the inefficiencies in the market will also decrease the opportunity gap that hurts the entire country, not just the HALIs.