Daily Beast: Ivy League freshman says rich classmates are frauds, faking first-gen and poverty

[Anonymous]

If you're low income, wouldn't you do the FAFSA? And wouldn't the school be able to tell?

And first-generation kids could still be rich. That's not mutually exclusive. This is especially true if first-gen is defined by a school as the first generation to attend college *in the US*

[Anonymous]

Anonymous wrote:

Anonymous wrote:A friend told me that they are multimillionaires, but somehow their DC is on “full scholarship” at a non-merit granting T10 institution. I was like, “they gave merit?” And their answer was vaguely not saying anything. Not sure how they did it.

Likely financial aid scamming by hiding assets, divorce and/or pretending the teen is independent.

My DH’s ex fell for this. He naively paid HER for full price for their DS (rather than the school), but she claimed poverty and financial aid resulted in the cost being about a third. She cheated him and the system (and lied to everyone involved).

[Anonymous]

Anonymous wrote:

Anonymous wrote:It’s no secret that a lot of over-achievers succeed by cheating and hurting others. Look at how many sociopathic people in politics have Ivy degrees. These competitive schools need to do a MUCH better job at weeding out selfish win-at-all-costs personalities. These kids don’t start lying on their college applications, they start earlier to get that perfect application. Like buying the team alcohol to be voted captain, inflating volunteer hours, and making up awards, for example.

You're assuming that the schools don't want these kinds of kids.

Touché. It appears they do.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:A friend told me that they are multimillionaires, but somehow their DC is on “full scholarship” at a non-merit granting T10 institution. I was like, “they gave merit?” And their answer was vaguely not saying anything. Not sure how they did it.

Likely financial aid scamming by hiding assets, divorce and/or pretending the teen is independent.

My DH’s ex fell for this. He naively paid HER for full price for their DS (rather than the school), but she claimed poverty and financial aid resulted in the cost being about a third. She cheated him and the system (and lied to everyone involved).

I meant my DH fell ..

[Anonymous]

I know a very wealthy kid who went to a top private k-12 and then to a top ivy who gets significant financial aid. Parents live on a huge trust fund and don’t work. Because of zero income they got financial aid. Most assets are still in grandparents name but parents live a luxurious lifestyle. The rich have all sorts of tricks that are not available to average folk.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dovetails on Princeton claiming 70% of their freshman class are "non-white" minorities. Rich liars playing the system.

Really! Hate to predict their size of endowment 10 years from now. First gen or URM are not likely to be billionaires after getting their degrees. Who will pay?

Nothing will change because 70% of the incoming class is NOT non-white.

You have proof to back up your claim? The VAST majority of students at top schools are white and Asian so not sure where you’re getting your info from.

I’m the PP— I didn’t make the claim that 70% of the incoming Princeton class is non-white. My point is that if Princeton is making this claim it isn’t true. Many of the kids are lying.

Interesting— if you add the POC percentages reported by Princeton it adds up to 48%, which included Asian Americans. If you add international students it is 60%. Am I missing something!? 70%, hmmm

https://admission.princeton.edu/how-apply/admission-statistics

[Anonymous]

Anonymous wrote:If you're low income, wouldn't you do the FAFSA? And wouldn't the school be able to tell?

And first-generation kids could still be rich. That's not mutually exclusive. This is especially true if first-gen is defined by a school as the first generation to attend college *in the US*

Read the article. Rich kids lie about being first-generation and also distort reality to fit their own scammer definition. Example, a rich kid's mom was "educated overseas" so he was first gen in the U.S. His mom went to Oxford! Or rich kid's parents are public university alums, so since they went to less prestigious colleges, the kid pretends he first gen. Or a great grandpa was rumored to be Spanish, so they're minority. Pathological lying scammers, full stop.

[Anonymous]

And how do they calculate first generation? I have a college friend that attend 7 out of 8 semesters of college and didn't graduate because he left to do something that was wildly successful. He is wealthy and his kids have all the privilege and more than you could ask for. Can his kids claim their parent didn't graduate from college? Sure??....

[Anonymous]

Anonymous wrote:And how do they calculate first generation? I have a college friend that attend 7 out of 8 semesters of college and didn't graduate because he left to do something that was wildly successful. He is wealthy and his kids have all the privilege and more than you could ask for. Can his kids claim their parent didn't graduate from college? Sure??....

Dammit. My persistence to finish after 6 years was a mistake. Literally no one has cared about my degree but not finishing really would have helped my kids.

[Anonymous]

Anonymous wrote:I know a very wealthy kid who went to a top private k-12 and then to a top ivy who gets significant financial aid. Parents live on a huge trust fund and don’t work. Because of zero income they got financial aid. Most assets are still in grandparents name but parents live a luxurious lifestyle. The rich have all sorts of tricks that are not available to average folk.

Many many people in business can do similar tricks as this. Our two kids got into Ivies (we were geographically desirable at the time, living in Huntsville), but they were truly turned off by the student body during their visits and admitted student days.

[Anonymous]

Hmm. I think this is just a good argument for doing away with affirmative action and all its associated pretend "diverse admission tactics".

Select on merit, have clear criteria of selection, be transparent.

[Anonymous]

Anonymous wrote:I know a very wealthy kid who went to a top private k-12 and then to a top ivy who gets significant financial aid. Parents live on a huge trust fund and don’t work. Because of zero income they got financial aid. Most assets are still in grandparents name but parents live a luxurious lifestyle. The rich have all sorts of tricks that are not available to average folk.

I don’t lose sleep over it. My family takes pride in making it on our own. Did our own schoolwork, paid our own way.

[Anonymous]

Reminds me of a young rising star politician who went to high school with my niece. In every profile she talks about growing up poor, minority (she's as "dark" as the Kardashians ) and being bullied. She was literally born and raised in a one million dollar home in the wealthiest suburb in their state, her dad was a very influential local figure, she got a brand new Jeep Wrangler for her 16th birthday, and she went to one of the most expensive private colleges in the U.S. It's nuts how rich kids get away with this.

[Anonymous]

I know a family in which the dad is a plumber and mom is a receptionist. Neither went to college. Dad was very good at his job and eventually bought the company when his boss retired. They are very well off financially, but they have an familiarity at all with the college application process.

I don’t have a problem with their kids qualifying as first generation to go to college because that’s exactly what they are.

[Anonymous]

Anonymous wrote:

Hmm. I think this is just a good argument for doing away with affirmative action and all its associated pretend "diverse admission tactics".

Select on merit, have clear criteria of selection, be transparent.

Sure. Also do away with legacy and rich bribes like the Kushners paying $2.5 million to get that idiot Jared into Harvard (and later NYU Law). He skipped the bar because he's an idiot.
https://www.theroot.com/remember-that-time-when-jared-kushner-s-dad-donated-2-1833241931