It sucks, but what's the solution? Because let's face it, the primary purpose of "being rich" is to provide for one's family, at least from my point of view. If I work my ass off it's to make sure I can help my kids do better than I did. What's the point of being "wealthy" if it's not to help your kids have a better life than your own? I don't want to sound insensitive. All these studies about kids born in poverty an…
Fix the fucking educational system and stop wasting people's time.
If you're rich, you start working in your parents' business, you're also likely to intern in it, and/or in your parents' peers' companies, and if you're any decent you're likely going to be groomed for an exec position, a position the poor college grad will never be able to aspire to, and if you're not decent you're probably going to get some sort of face-saving "consultancy" position, paying again way more than the poor graduate can ever hope to get.
This is unrelated to the education system, and it's not something you can ever fix, because people will always try to make sure their family has an advantage, which means that as soon as a family reaches a position of influence it will use it to perpetuate its position.
Meritocracy is nice in theory, but humans as a species are wired a lot more for tribalism than for meritocracy, hence why to get some semblance of it you need a culture/government that fosters it, and those are in short supply.