Abstract
This paper proposes a theory of the status attainment process and specifies it in a mathematical model. The theory justifies both a transformation of the conventional status scores to a metric producing an exponential distribution of attainments and a transformation of educational attainments to a metric reflecting the competitive advantage conferred by education. The new metric produces theoretically more meaningful results than the old one when used together with the proposed model in an analysis of change in status. The metric also performs better statistically with the proposed model as well as with conventional models for the level of status. An empirical analysis demonstrates that career opportunities are less favorable for women than for men and for blacks than for whites.

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