Earlier quoted context omitted.
Can you spell out how it devalues the efforts of parents to improve their children's education?
Sure. The adversity score looks at things like the crime rate of the neighborhood you grew up in. That neighborhood is (primarily) a function of two things: Your parents income level, and their ability to prioritize what income they do have to make sure you're in a good neighborhood. The second thing is what's being de-valued. Some parents work really hard and pinch every penny to devote resources to their kid's educ…
So, you're saying that people who have the misfortune to have parents who can't do those things for them should suffer a handicap, right? How well you are able to compete for a slot in college should depend on who your parents are?