Author Topic: $400k to get into Yale  (Read 1823 times)

0 Members and 1 Guest are viewing this topic.

Offline eyephone

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 299
  • -Received: 559
  • Posts: 9347
Re: $400k to get into Yale
« Reply #45 on: March 15, 2019, 10:39:15 AM »
The system is clearly broken. It’s not fair that the small guy is getting shafted. It clearly shows if you have money or know people in high places then you are in the advantage.

How about those many students that busted their tail in high school and clearly got shafted?

Don’t trust the process?

Colleges are businesses too...they have a "social mission" but in the end, they need to make money so they can get the best professors and programs so that more students will want to come and pay lots of money.   Unless and until you make colleges "Free" or cheap...the profit motive will generally win.  USC was the leader in getting foreign students to come for a while in large part because they paid a boatload in tuition.

I would also say that the concept that colleges are solely based upon academics seem flawed to me.  Not saying that one should be bribing college officials but Lori Loughlin's daughter clearly had business smarts...she would have been a good addition to any business class.

I dont have a problem with them acting like a business. However, if they are not going to be fair and unbias to incoming students. Then take away the non profit status. Let them pay corporate tax and not exempt from paying taxes. (income taxes, property taxes, etc..)


Disclaimer: I’m not saying all universities have a problem.
« Last Edit: March 15, 2019, 11:09:34 AM by eyephone »

Offline WTTCHMN

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 15
  • -Received: 283
  • Posts: 1776
How Much Does Getting Into an Elite College Actually Matter?
« Reply #46 on: March 15, 2019, 01:06:23 PM »
How Much Does Getting Into an Elite College Actually Matter?

https://www.nytimes.com/2019/03/15/upshot/elite-colleges-actual-value.html

Offline zubs

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 63
  • -Received: 336
  • Posts: 1591
Re: $400k to get into Yale
« Reply #47 on: March 15, 2019, 01:14:27 PM »
If it matters to you then it matters.

What's the meaning of life? 
Whatever you want it to be.

Offline momopi

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 604
  • -Received: 342
  • Posts: 1542
Re: $400k to get into Yale
« Reply #48 on: March 15, 2019, 02:34:53 PM »
I used to work for a multi-national Fortune 500 company that had a program for graduating seniors.  It was advertised as global rotational leadership development and I think they used to specify qualified universities (Ivy League or comparable in US or abroad).  It was a fast track to being hired and promoted to senior positions.  I don't think they specify Ivy League school anymore but looking at the past candidates, it's kinda obvious (Harvard, Brown, Cornell, etc).

Other companies advertise similar programs as "early career program", "MBA Leadership program", etc.  Though they may accept applicants from various schools, there is a preference for upper tier colleges.  i.e. graduates from Grazladio (Pepperdine) in Malibu would be preferred over University of Phoenix, UCLA preferred over Cal State, etc.

If you walked into an interview like deer caught in headlights then no, a degree from Yale isn't going to help.  But given 2 similar candidates, the one from Princeton will be preferred over another from CSU Dominguez Hills.

Needless to stay if you're from a very wealthy family that can afford to donate $50 million to the school, then getting a degree from that school isn't going to impact your socioeconomic status much.

Offline eyephone

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 299
  • -Received: 559
  • Posts: 9347
Re: $400k to get into Yale
« Reply #49 on: March 15, 2019, 02:39:18 PM »
I used to work for a multi-national Fortune 500 company that had a program for graduating seniors.  It was advertised as global rotational leadership development and I think they used to specify qualified universities (Ivy League or comparable in US or abroad).  It was a fast track to being hired and promoted to senior positions.  I don't think they specify Ivy League school anymore but looking at the past candidates, it's kinda obvious (Harvard, Brown, Cornell, etc).

Other companies advertise similar programs as "early career program", "MBA Leadership program", etc.  Though they may accept applicants from various schools, there is a preference for upper tier colleges.  i.e. graduates from Grazladio (Pepperdine) in Malibu would be preferred over University of Phoenix, UCLA preferred over Cal State, etc.

If you walked into an interview like deer caught in headlights then no, a degree from Yale isn't going to help.  But given 2 similar candidates, the one from Princeton will be preferred over another from CSU Dominguez Hills.

Different topic/subject.
This topic should be: the ideal/optimal way to get a job

This thread I want to say is about cheating, pay someone to write an essay for you potentially, altering documents/photos, fake test scores, tax fraud (expense for college prep), connections to get into college

Just thought of something. The IRS should consider go after the tax preparer who signed off on the tax return. Which has the illegal deductions relating to the college prep.  (The public is outraged!)
That’s if someone prepared their tax return. 
« Last Edit: March 15, 2019, 03:11:28 PM by eyephone »

Offline nosuchreality

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 95
  • -Received: 328
  • Posts: 1553
Re: $400k to get into Yale
« Reply #50 on: March 15, 2019, 05:21:35 PM »
I would also say that the concept that colleges are solely based upon academics seem flawed to me.  Not saying that one should be bribing college officials but Lori Loughlin's daughter clearly had business smarts...she would have been a good addition to any business class.

Does she or is it all the right handlers and connections to snowball  to 2M followers?

Is really kind of the same question for the kids applying and getting the coaching themselves.  How much is working their *ss off and how much is checking the formula their given and rewriting after the review?

The Washington Post is pushing a story today about the 12 years olds coordinating the student climate change protests.  I don't really buy it.

Offline zubs

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 63
  • -Received: 336
  • Posts: 1591
Re: $400k to get into Yale
« Reply #51 on: March 19, 2019, 09:55:07 AM »
Real life "Prisoners Dilemma" playing out.
https://www.yahoo.com/entertainment/lori-loughlin-felicity-huffman-feds-070105495.html


Is Stanford paying attention?

Offline USCTrojanCPA

  • Your CPA Realtor
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 2038
  • -Received: 1612
  • Posts: 8019
  • Gender: Male
Re: $400k to get into Yale
« Reply #52 on: March 19, 2019, 04:20:35 PM »
One of the guys that I track with went to Cal State Fullerton and he works in FinTech.  He makes close to 7 figures a year, not bad for a Titan alum.  haha
Martin Mania, CPA
AgencyOne
CA BRE License # 01799007
CA CPA License # 107675
mmania001@yahoo.com
714-747-3884 cell

Often imitated....Never duplicated!

Offline Kenkoko

  • Yearning for 949 / 714
  • **
  • Thanks
  • -Given: 45
  • -Received: 70
  • Posts: 259
Re: $400k to get into Yale
« Reply #53 on: March 22, 2019, 05:26:54 PM »
I am not all that surprised or shocked. I agree with eyephone that these school should be stripped of their non profit status.

The bribery is brazen but we do live in a reality structured by the wealthy. 

Public schools in America are essentially funded by local property taxes.

Our public policy is built on the principle that you should get an education according to how nice mommy and daddy's house is.

There was never any fair competition to begin with.

The following member(s) thanked this post:


Offline Irvinecommuter

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 572
  • -Received: 474
  • Posts: 4913
Re: $400k to get into Yale
« Reply #54 on: March 22, 2019, 05:49:55 PM »
I am not all that surprised or shocked. I agree with eyephone that these school should be stripped of their non profit status.

The bribery is brazen but we do live in a reality structured by the wealthy. 

Public schools in America are essentially funded by local property taxes.

Our public policy is built on the principle that you should get an education according to how nice mommy and daddy's house is.

There was never any fair competition to begin with.

Yup...I mean you think people send their kids to prep schools/boarding school because of their latin programs?  All those higher ended boarding schools have connections with Ivies.  A lot of them hire former Ivy admissions officers/employees.

Offline freedomcm

  • O.C. Resident
  • ***
  • Thanks
  • -Given: 318
  • -Received: 74
  • Posts: 597
Re: $400k to get into Yale
« Reply #55 on: Yesterday at 07:56:39 AM »
The system is clearly broken. It’s not fair that the small guy is getting shafted. It clearly shows if you have money or know people in high places then you are in the advantage.

How about those many students that busted their tail in high school and clearly got shafted?

Don’t trust the process?

Colleges are businesses too...they have a "social mission" but in the end, they need to make money so they can get the best professors and programs so that more students will want to come and pay lots of money.   Unless and until you make colleges "Free" or cheap...the profit motive will generally win.  USC was the leader in getting foreign students to come for a while in large part because they paid a boatload in tuition.

I would also say that the concept that colleges are solely based upon academics seem flawed to me.  Not saying that one should be bribing college officials but Lori Loughlin's daughter clearly had business smarts...she would have been a good addition to any business class.

I dont have a problem with them acting like a business. However, if they are not going to be fair and unbias to incoming students. Then take away the non profit status. Let them pay corporate tax and not exempt from paying taxes. (income taxes, property taxes, etc..)


Disclaimer: I’m not saying all universities have a problem.


Non-profits have no obligation to be fair.

Using your argument, most religious organizations would have to lose their non-profit status also. 

Is this what you are proposing?

Offline fortune11

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 173
  • -Received: 206
  • Posts: 1694
Re: $400k to get into Yale
« Reply #56 on: Yesterday at 08:13:09 AM »
The system is clearly broken. It’s not fair that the small guy is getting shafted. It clearly shows if you have money or know people in high places then you are in the advantage.

How about those many students that busted their tail in high school and clearly got shafted?

Don’t trust the process?

Colleges are businesses too...they have a "social mission" but in the end, they need to make money so they can get the best professors and programs so that more students will want to come and pay lots of money.   Unless and until you make colleges "Free" or cheap...the profit motive will generally win.  USC was the leader in getting foreign students to come for a while in large part because they paid a boatload in tuition.

I would also say that the concept that colleges are solely based upon academics seem flawed to me.  Not saying that one should be bribing college officials but Lori Loughlin's daughter clearly had business smarts...she would have been a good addition to any business class.

I dont have a problem with them acting like a business. However, if they are not going to be fair and unbias to incoming students. Then take away the non profit status. Let them pay corporate tax and not exempt from paying taxes. (income taxes, property taxes, etc..)


Disclaimer: I’m not saying all universities have a problem.


Non-profits have no obligation to be fair.

Using your argument, most religious organizations would have to lose their non-profit status also. 

Is this what you are proposing?

To IC ‘s original point re colleges —-  I actually wouldn’t mind it if religious organizations lost their non profit status too

Many of them , especially in the evangelical south, have become full of political activism and hustlers peddling junk. We should have learned our lesson from all the televangelist scandals of the 80s and 90s

And don’t even get me started on the Catholic Church ...

Offline eyephone

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 299
  • -Received: 559
  • Posts: 9347
Re: $400k to get into Yale
« Reply #57 on: Yesterday at 10:14:26 AM »

 

Talk Irvine Links

[Recent Posts]
[FAQ / Rules]

Site Supporters


Related Links

Recent Posts

Re: Report on housing by Steven Thomas by curious george
[Today at 02:38:22 PM]


Re: The Investigation by morekaos
[Today at 02:18:52 PM]


Re: The Investigation by Soylent Green Is People
[Today at 01:38:21 PM]


Re: KB Home Genoa at OH by thecolt
[Today at 09:54:59 AM]


Re: Toll Brothers Customer Service by NYT
[Today at 09:23:15 AM]