The legal way a hedge fund billionaire gets his kids into elite colleges

Anonymous
Anonymous wrote:
Anonymous wrote:Fascinating way to hedge your bets. Basically donate to all the top universities and see which one sticks. At least this is legal.

https://www.propublica.org/article/hedge-fund-billionaires-donations-college-admissions-elite-universities?fbclid=IwAR2Rpkn89KZMUdtjvlycPFWlsBXgH1_P0fIpwMviZKBxIHW3syN8fYQ2wzE


While this is distasteful, think of all the good that money does for the not-rich kids.

Stop this and the spigot gets turned off. That would be way worse.


Or you could just auction off seats to the highest bidder as one Harvard professor suggested. It's better than pretending all these kids got in purely on merit.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Fascinating way to hedge your bets. Basically donate to all the top universities and see which one sticks. At least this is legal.

https://www.propublica.org/article/hedge-fund-billionaires-donations-college-admissions-elite-universities?fbclid=IwAR2Rpkn89KZMUdtjvlycPFWlsBXgH1_P0fIpwMviZKBxIHW3syN8fYQ2wzE


While this is distasteful, think of all the good that money does for the not-rich kids.

Stop this and the spigot gets turned off. That would be way worse.


Or you could just auction off seats to the highest bidder as one Harvard professor suggested. It's better than pretending all these kids got in purely on merit.


No one is pretending !!!! It’s never been hidden unless you had a mask on your eyes. Did you really think all of those rich business people had brilliant kids at a disproportionate rate?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Fascinating way to hedge your bets. Basically donate to all the top universities and see which one sticks. At least this is legal.

https://www.propublica.org/article/hedge-fund-billionaires-donations-college-admissions-elite-universities?fbclid=IwAR2Rpkn89KZMUdtjvlycPFWlsBXgH1_P0fIpwMviZKBxIHW3syN8fYQ2wzE


While this is distasteful, think of all the good that money does for the not-rich kids.

Stop this and the spigot gets turned off. That would be way worse.


Or you could just auction off seats to the highest bidder as one Harvard professor suggested. It's better than pretending all these kids got in purely on merit.


No one is pretending !!!! It’s never been hidden unless you had a mask on your eyes. Did you really think all of those rich business people had brilliant kids at a disproportionate rate?


Then why not just auction off the seats? Some foreign billionaire might pay 20 million rather than the 2 million per school the Shaws paid.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Fascinating way to hedge your bets. Basically donate to all the top universities and see which one sticks. At least this is legal.

https://www.propublica.org/article/hedge-fund-billionaires-donations-college-admissions-elite-universities?fbclid=IwAR2Rpkn89KZMUdtjvlycPFWlsBXgH1_P0fIpwMviZKBxIHW3syN8fYQ2wzE


While this is distasteful, think of all the good that money does for the not-rich kids.

Stop this and the spigot gets turned off. That would be way worse.


Or you could just auction off seats to the highest bidder as one Harvard professor suggested. It's better than pretending all these kids got in purely on merit.


No one is pretending !!!! It’s never been hidden unless you had a mask on your eyes. Did you really think all of those rich business people had brilliant kids at a disproportionate rate?


Yes they are! Why else would school say that we don’t tie admission to donations and we are based on high standards etc etc
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Fascinating way to hedge your bets. Basically donate to all the top universities and see which one sticks. At least this is legal.

https://www.propublica.org/article/hedge-fund-billionaires-donations-college-admissions-elite-universities?fbclid=IwAR2Rpkn89KZMUdtjvlycPFWlsBXgH1_P0fIpwMviZKBxIHW3syN8fYQ2wzE


While this is distasteful, think of all the good that money does for the not-rich kids.

Stop this and the spigot gets turned off. That would be way worse.


Or you could just auction off seats to the highest bidder as one Harvard professor suggested. It's better than pretending all these kids got in purely on merit.


No one is pretending !!!! It’s never been hidden unless you had a mask on your eyes. Did you really think all of those rich business people had brilliant kids at a disproportionate rate?


Yes they are! Why else would school say that we don’t tie admission to donations and we are based on high standards etc etc


DP but Shaw’s were national merit scholarship finanlists, so they were at least strong students that could easily hack it.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Fascinating way to hedge your bets. Basically donate to all the top universities and see which one sticks. At least this is legal.

https://www.propublica.org/article/hedge-fund-billionaires-donations-college-admissions-elite-universities?fbclid=IwAR2Rpkn89KZMUdtjvlycPFWlsBXgH1_P0fIpwMviZKBxIHW3syN8fYQ2wzE


While this is distasteful, think of all the good that money does for the not-rich kids.

Stop this and the spigot gets turned off. That would be way worse.


Or you could just auction off seats to the highest bidder as one Harvard professor suggested. It's better than pretending all these kids got in purely on merit.


No one is pretending !!!! It’s never been hidden unless you had a mask on your eyes. Did you really think all of those rich business people had brilliant kids at a disproportionate rate?


Yes they are! Why else would school say that we don’t tie admission to donations and we are based on high standards etc etc


DP but Shaw’s were national merit scholarship finanlists, so they were at least strong students that could easily hack it.


There are many kids who can “hack it”. You think the effort and ability to obtain a psychology degree from Yale is really that different than one from, say, W&M?

The peer group at Yale might have (marginally) better grades/test scores, but it’s not like the actual curriculum is that much different.

A kid who would struggle academically at Yale would likely struggle in most university settings.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Fascinating way to hedge your bets. Basically donate to all the top universities and see which one sticks. At least this is legal.

https://www.propublica.org/article/hedge-fund-billionaires-donations-college-admissions-elite-universities?fbclid=IwAR2Rpkn89KZMUdtjvlycPFWlsBXgH1_P0fIpwMviZKBxIHW3syN8fYQ2wzE


While this is distasteful, think of all the good that money does for the not-rich kids.

Stop this and the spigot gets turned off. That would be way worse.


Or you could just auction off seats to the highest bidder as one Harvard professor suggested. It's better than pretending all these kids got in purely on merit.


No one is pretending !!!! It’s never been hidden unless you had a mask on your eyes. Did you really think all of those rich business people had brilliant kids at a disproportionate rate?


Yes they are! Why else would school say that we don’t tie admission to donations and we are based on high standards etc etc


DP but Shaw’s were national merit scholarship finanlists, so they were at least strong students that could easily hack it.


There are many kids who can “hack it”. You think the effort and ability to obtain a psychology degree from Yale is really that different than one from, say, W&M?

The peer group at Yale might have (marginally) better grades/test scores, but it’s not like the actual curriculum is that much different.

A kid who would struggle academically at Yale would likely struggle in most university settings.


You would be surprised at how much support private schools provide their students compared to state schools. A kid who fail at state schools would most likely graduate at private schools due to the incredible amount of hand holding and grade inflation.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Fascinating way to hedge your bets. Basically donate to all the top universities and see which one sticks. At least this is legal.

https://www.propublica.org/article/hedge-fund-billionaires-donations-college-admissions-elite-universities?fbclid=IwAR2Rpkn89KZMUdtjvlycPFWlsBXgH1_P0fIpwMviZKBxIHW3syN8fYQ2wzE


While this is distasteful, think of all the good that money does for the not-rich kids.

Stop this and the spigot gets turned off. That would be way worse.


Or you could just auction off seats to the highest bidder as one Harvard professor suggested. It's better than pretending all these kids got in purely on merit.


No one is pretending !!!! It’s never been hidden unless you had a mask on your eyes. Did you really think all of those rich business people had brilliant kids at a disproportionate rate?


Yes they are! Why else would school say that we don’t tie admission to donations and we are based on high standards etc etc


DP but Shaw’s were national merit scholarship finanlists, so they were at least strong students that could easily hack it.


There are many kids who can “hack it”. You think the effort and ability to obtain a psychology degree from Yale is really that different than one from, say, W&M?

The peer group at Yale might have (marginally) better grades/test scores, but it’s not like the actual curriculum is that much different.

A kid who would struggle academically at Yale would likely struggle in most university settings.


You would be surprised at how much support private schools provide their students compared to state schools. A kid who fail at state schools would most likely graduate at private schools due to the incredible amount of hand holding and grade inflation.


Citation?
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