Yahoo! Finance

New York City is riveted once again by the latest episode in a long-running drama: a dispute over admissions to the city’s most elite public high schools.

Mayor Bill de Blasio’s proposal to scrap the specialized entrance exams reignited the debate in March, when only seven black students — the lowest number in years — were among the 895 offered a place in the freshman class at Stuyvesant, the city’s most selective public high school...