Anonymous wrote:I equate this to a former pro squash player that now is a FT squash "tutor".
This guy charges $300/hour to rich kids under the hope they will be able to use squash to get into a top school as a recruit. Works 20 hours per week = $300k+ per year.
These tutors can make tons more on an hourly basis than working a "real" job, so they take it. Now, tutors are perhaps not as scarce as former pro squash players...but it's the same idea.
+1 lots of demand for "how to get into an ivy". Parents are willing to pay for it, so, why not? It's entrepreneurial.
IMO, it goes to show that these Ivies aren't that great at identifying leaders compared to people just interested in making money. These kids were also probably tutored and managed by their parents