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Reply to "Fascinating article from the WSJ re the methods of an "elite" college counseling firm "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The highly curated, consultant-driven, prestige-fixated families that resort to this kind of thing are typically only fixated on a few schools: Harvard, Yale, Princeton, Stanford, Duke, and Penn. And it seems to work. Those six are nearly impossible to get in for otherwise brilliant but unhooked students. The rest of the top 25 - from MIT to Michigan - are filled with really bright and ambitious students who got in on their own merit. No one is locked out of [b]Cornell[/b] or Rice or Brown or Notre Dame or whatever because they didn't use a $250,000 college counselor. [/quote] From the article: Among his clients, 24 earned admission to Yale, 34 to Stanford and 48 to Cornell. Those numbers seem fairly proportional to the size of the schools.[/quote] was this in one cycle? how many clients did he have that cycle? I see Crimson ads a lot. I'd think they'd have thousands of clients. Sarah H probably has numbers like this and she doenst arrange for tutors[/quote] Crimson is a big company: Private equity is also paying attention. Crimson, launched in 2013, is now valued at $554 million after several funding rounds, according to PitchBook. Investors include venture capital giants Tiger Management and related firm Tiger Global Management, plus Icehouse Ventures, former New Zealand Prime Minister John Key and Verlinvest, a Brussels-based fund created by the founding families of Anheuser-Busch. He has set up 26 offices in 21 countries, acquired five counseling businesses that he remade to implement his strategy and built an accredited online high school, which now has 2,000 students. The company employs 850 full-time staff, and has another 3,000 part-time tutors.[/quote]
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