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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think it's very common among the 1% and despite everyone here saying "AOs are smart! they know! they see right through this" the fact is, they don't.

I think it will work for a while. Teen tours also worked for a lot longer than we remember.  Colleges scoff they can see through that and I wish someone would say: "you didn't for 20 years so let's not be so smug! and now you love the passion project some adult made up for the kids"

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Also true that colleges need the 1%. They can come up with all sorts of reasons that they're only taking the smart or the nice ones, but they want the money. [/quote] ‘Nuff said. [/quote]

1% is that much tbh. $400k??

0.1% also isn’t that much ($1.5M+ HHI)….
We’ve got 3x this in HHI and don’t get a preferential treatment in the college app process bc “they want the money”. How does that manifest itself? Come on. There’s no box to check.

Yes, they’ll see our “titles” in parents’ employment, but they’re not getting a letter or anything else that indicates “oh maybe they’ll donate a few million” down the road?

Plus, people in this income bracket are not the ones donating $50 million sports facilities. That’s the billionaire class.

The “working wealthy”, even if making $5m+ a year are not being overtly or covertly targeted. At least we aren’t.

I just think this analysis is dead wrong. 
[/quote]

This is correct. You don't have to get to the billions, but you do need to have the kind of wealth that makes working an optional hobby that gets in the way of your travel and philanthropy calendar.[/quote]

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