Unlike those caught up in the FBI college admissions sting this week, America’s billionaires don’t have to break the law to help their children get into the best universities—they can and often do wield their legacy and money instead. And they’ve been doing so for generations.
, do admit that legacy students and the children of wealthy donors, among others, have a leg up on the rest of the population. According to a statement from Harvard, recruited athletes, children of Harvard graduates, applicants on the dean’s or director’s list and the children of faculty and staff, comprise 29% of admitted students.
But to what degree do donations—or the potential for donations—make it more likely that a student will gain admission? According to Mandee Heller Adler, who founded International College Counselors and who has consulted billionaires and millionaires on how their kids can get into college, wealth is one of many factors, albeit an influential one.
All standards aren’t thrown out the window when a school reads an application submitted by a billionaire’s kid, though. Adler says she’s worked with wealthy families whose children were rejected because of low test scores or grades. She contests the assertion that rich families can buy their kid’s way into elite schools.money,” she says. “They’re not selling spots to the highest bidder.”
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
College Admissions: How Billionaires (Legally) Pump Millions Of Dollars Into Their Children’s SchoolsUnlike those caught up in the FBI college admissions sting this week, America’s billionaires don’t have to break the law to help their children get into the best universities—they can and often do wield their legacy and money instead. And they’ve been doing so for generations.
Read more »
Billionaires, Multimillion-Dollar Gifts And College Admissions: This Is How It WorksUnlike those caught up in the FBI college admissions sting this week, America’s billionaires don’t have to break the law to help their children get into the best universities—they can and often do wield their legacy and money instead. And they’ve been doing so for generations.
Read more »
'Affirmative action for the rich:' How the privileged legally game the college admissions processWealthy and influential parents often routinely use their privilege to game the college admissions process. And it's perfectly legal.
Read more »
'Affirmative action for the rich:' How the privileged legally game the college admissions processWealthy and influential parents often routinely use their privilege to game the college admissions process. And it's perfectly legal.
Read more »
Crumbling public schools and a college admissions scandal: We’re slipping toward oligarchyWhen the rich can allegedly bribe and cheat to get their kids into elite universities but public schools remain underfunded, you know the U.S. is far from a meritocracy.
Read more »
Will children at center of college admissions scandal pay a price along with their parents?Administrators at UCLA and USC are reviewing student admission decisions after federal authorities uncovered a massive cheating scandal in which dozens of families paid huge sums to gain access to exclusive schools through bribes and lies.
Read more »
Celebs charged with fraud in buying their children’s admission to top collegesFederal authorities on Tuesday charged 46 people, including actresses Felicity Huffman and Lori Loughlin and college coaches and administrators in an alleged scheme to win admission to prestigious universities for the children of wealthy parents.
Read more »
Two Stanford Students Are Suing Schools Involved In The College Admissions ScamErica Olsen and Kalea Woods are seeking punitive and compensatory damages, as well as compensation for the $80 application fee to apply to Yale University.
Read more »
First lawsuits filed by students at elite schools in wake of college admissions scandalThe first lawsuits targeting elite universities and individuals charged by federal prosecutors in a sweeping college admissions scandal were filed by students and a parent in California.
Read more »
From High School Basketball Coach to Ringleader of the Nation’s Largest College-Admissions ScamThe 58-year-old man at the center of the college-admissions scandal that has caught up Hollywood stars and Wall Street executives started his career as a high school basketball coach.
Read more »