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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]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[/quote]

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.[/quote]

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.[/quote]

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? [/quote]

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[/quote]

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

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. 
[/quote]

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.[/quote]

Citation?[/quote]

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