Anonymous wrote:this is not the beginning of this approach.
I live in Brooklyn a stone's throw from St Ann's and my own kids are at a "top tier" HS in Manhattan. Lots of blogs, NFPs, YouTube channels and podcasts started in junior year and abandoned 12 months later.
But I've also seen plenty of these kids get into HYP - yay! - and graduate and then, because they don't have another consultant (yet) they end up being SAT tutors themselves.
Not sure this is the outcome you want for your kids
Anonymous wrote:Anonymous wrote:Anonymous wrote:I used to work with--maybe I should say for--very rich people, and there's definitely a lot of industries that exist to extract their cash. It's probably a wink and a nod game: colleges know it's a performance, but they know that anyone rich enough to be on that stage is probably going to donate money later.
Ha. I bet you’re right. It’s a Veblen good signal.
I had to look that up. Yes. That's even in the article--the guy said he used to charge 75/hour until one client told him he'd get more business at 1.5 million.
Anonymous wrote:Anonymous wrote:I used to work with--maybe I should say for--very rich people, and there's definitely a lot of industries that exist to extract their cash. It's probably a wink and a nod game: colleges know it's a performance, but they know that anyone rich enough to be on that stage is probably going to donate money later.
Ha. I bet you’re right. It’s a Veblen good signal.
Anonymous wrote:I used to work with--maybe I should say for--very rich people, and there's definitely a lot of industries that exist to extract their cash. It's probably a wink and a nod game: colleges know it's a performance, but they know that anyone rich enough to be on that stage is probably going to donate money later.
Anonymous wrote:Anonymous wrote:How can college admissions officers fall for this cr*p? A blog? Seriously?
If I was back in college and choosing classmates, I'd love to have one who was interested and enthusiastic enough about something to create a blog with regular and thoughtful writing or videos. But not one who was doing it just to get into college or with the assistance of a college counselor.
Anonymous wrote:Anonymous wrote: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"
I agree. It worked for someone who got into Penn by founding a nonprofit focused on girls in Asia. Read the bios of these kids on Reddit. They all started a non-profit.
Anonymous wrote:I used to work with--maybe I should say for--very rich people, and there's definitely a lot of industries that exist to extract their cash. It's probably a wink and a nod game: colleges know it's a performance, but they know that anyone rich enough to be on that stage is probably going to donate money later.
Anonymous wrote:Anonymous wrote: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"
I think AOs know what is happening. How can they not? I think they don't care because schools want these wealthy students. Plenty of recent research have noted that the 1% do well in elite college admissions.
Anonymous wrote:Yuck. When are schools going to see through this stuff?
Anonymous wrote:Top colleges love student NPOs. Stop what you are doing and start setting one up for your child and her BFs to run.