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College and University Discussion
Reply to "No hooks: what is the lowest GPA to get into an Ivy in the past 5 years?"
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[quote=Anonymous][quote=Anonymous]True Story - An acquaintance had a trust fund and did not see a need to apply to college when she was in high school. Her plan was to hang out with friends and chill after graduation (late 2000s). At the end of August, she decides her plan has a major hole because her friends are all leaving for school, So she now wants to go to college, and specifically, she wants to go to Penn (despite her 2.2 GPA). Calls are made, and a price for admission is discussed. The initial request from Penn is $20 million, and after some negotiations, the family made a $12.5 million donation. The girl does not show up in any stats because she never applied.[/quote] Pretty sound business decision by Penn. $12.5 million will fund 6 or 7 full scholarship students in perpetuity at their endowment draw rate. Good trade, one rich lunkhead for 7 deserving but poorer students.[/quote]
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