This is a remarkable statistic

You would expect people who score high on the SAT to earn more than those who score low.

They don't. As it turns out, the highest wages belong to the white men with the lowest SAT scores at the most prestigious colleges. ... Opponents of affirmative action like to talk about academic merit, and overall, black and Hispanic applicants to selective colleges benefit from an admissions handicap of about 0.67 GPA points and 400 SAT points. But Table 5.1 suggests that on the margins, where the white would-have-been-admitteds confront the black wouldn't-have-been-admitteds, the disparity in academic standards is dwarfed by the disparity in future earned income.

Via Eric Barker.