Earlier quoted context omitted.
Then the university should advertise the cost of admission and make it fair for everyone.
Not sure that would help. New tuiton - $2M and 99% of students get grants of $1.930M
FBI accuses wealthy parents in college-entrance bribery scheme
41–50 of 321 posts
Re: FBI accuses wealthy parents in college-entrance bribery scheme
#42[flagged]
> Are paywalls ok? It's ok to post stories from sites with paywalls that have workarounds. In comments, it's ok to ask how to read an article and to help other users do so. But please don't post complaints about paywalls. Those are off topic.
The NYT, for example, is running a special right now at $2/week. Considering the number of Times articles that land on the HN front page, it seems like a worthwhile investment.
Re: FBI accuses wealthy parents in college-entrance bribery scheme
#43This is pretty wild. Seeing the FBI tackle something like this is so far outside of the legal and cultural norms of society that it's difficult to even really comment on.
Re: FBI accuses wealthy parents in college-entrance bribery scheme
#44This might be more overt than the usual form, but how does this differ from donating a new building, department, or scholarship fund and subsequently getting your kid in? My mother did well in the Masters program at Stanford and I would have likely gotten in if she donated a couple million dollars but she didn’t and I didn’t (despite getting an invitation a year after accepting enrollment at another university). It’s…
In this case, we're talking about bribery of specific employees to act against the interests of their employer. That's simply corruption.
They might be equally non-meritocratic, but they're definitely not equally dishonest or equally socially harmful.
Re: FBI accuses wealthy parents in college-entrance bribery scheme
#45This might be more overt than the usual form, but how does this differ from donating a new building, department, or scholarship fund and subsequently getting your kid in? My mother did well in the Masters program at Stanford and I would have likely gotten in if she donated a couple million dollars but she didn’t and I didn’t (despite getting an invitation a year after accepting enrollment at another university). It’s…
It’s different in the scale of the donation. 2 Million dollar donation materially improves things for other students and is tax deductible. $15,000 bribe doesn’t do much for other students except rob them of a spot.
Buying a basketball team and hiring a coach in order to win is legal. Paying one player to lose a game is not legal.
Re: FBI accuses wealthy parents in college-entrance bribery scheme
#46Re: FBI accuses wealthy parents in college-entrance bribery scheme
#47This might be more overt than the usual form, but how does this differ from donating a new building, department, or scholarship fund and subsequently getting your kid in? My mother did well in the Masters program at Stanford and I would have likely gotten in if she donated a couple million dollars but she didn’t and I didn’t (despite getting an invitation a year after accepting enrollment at another university). It’s…
Re: FBI accuses wealthy parents in college-entrance bribery scheme
#48Apparently, these parents were insufficiently wealthy to deflect prosecution.
"The Justice Department on Tuesday charged more than 30 wealthy people — including two television stars — with being part of a long-running scheme to bribe and cheat to get their kids into big-name colleges and universities."
Their legal bills could easily surpass the amount of money exchanged to get their kids into these schools.
Re: FBI accuses wealthy parents in college-entrance bribery scheme
#49Earlier quoted context omitted.
It’s different in the scale of the donation. 2 Million dollar donation materially improves things for other students and is tax deductible. $15,000 bribe doesn’t do much for other students except rob them of a spot.
Part of the condition for a donation to be tax-deductible is that you claim you didn't get anything in return for your donation. Donating for improvement that affects others is one thing, but donating for a quid pro quo might affect this.
In other words, is the concept of creating barriers to entry, limiting competition, not unreasonable? In any market, economists say that is anticompetitive, and should even be illegal.
Are people paying for education? Or for epaulets?
So let's talk about this "materially improving things for other students" in an honest context of what this is.
Re: FBI accuses wealthy parents in college-entrance bribery scheme
#50This might be more overt than the usual form, but how does this differ from donating a new building, department, or scholarship fund and subsequently getting your kid in? My mother did well in the Masters program at Stanford and I would have likely gotten in if she donated a couple million dollars but she didn’t and I didn’t (despite getting an invitation a year after accepting enrollment at another university). It’s…