You should read "The Tyranny of Merit" by Michael Sandel (Harvard Professor), this problem is well studied at this point. The books point is that America has the idea that it's a meritocracy and the kids that end up succeeding got their out of merit and their inherent talents, but in fact it's actually a delusion, America doesn't have a meritocracy at all, and in fact success is mostly to do with money and influence based on your family background. And this is all based on actual data presented in the book.
Sure, there are poor kids from bad backgrounds who, against all odds, end up doing well. But these are outliers. In general, coming from rich families who throw money into your education, tutors, therapy, extra-curricular activities etc, is a MASSIVE advantage, and as such, one of the highest predictors of ending up at a prestigious college and high paying job is how wealthy your parents are...
Sure, there are poor kids from bad backgrounds who, against all odds, end up doing well. But these are outliers. In general, coming from rich families who throw money into your education, tutors, therapy, extra-curricular activities etc, is a MASSIVE advantage, and as such, one of the highest predictors of ending up at a prestigious college and high paying job is how wealthy your parents are...