This dumbMiZery said:
how dumb does your daughter have to be for the mom to pay them 500,000 just to be admitted to that school.
This isnt about "buying your way in," as in the typical making a donation.golden sloth said:USC, the last bastion for the ignorant rich.Bobodeluxe said:
I am shocked, SHOCKED, that ...
Corruption is America.
Seriously though, everyone always knew you can undeservingly buy your way into an elite private school, I'm more surprised the feds are cracking down.
Another Bear said:
I don't get this. Doesn't seem very smart. He could have simply made a donation, or endowed a chair or academic position and got access, no? It's USC.
One of Silicon Valley's most prominent voices for ethical investing is implicated in a college admissions bribery scandalQuote:
One of Silicon Valley's most prominent private equity investors and one of the tech sector's leading proponents of how to invest ethically and for social impact has been charged in an explosive college admissions scandal that was revealed Tuesday, March 12.
Prosecutors charged Bill McGlashan, a founder and managing partner at TPG Growth which has made landmark investments in companies like Uber and Airbnb on fraud allegations for trying to engineer the admission of his son to the University of Southern California.
hanky1 said:
USC's been having a rough past 2 years. One scandal after another. Non-stop. And not small time ncaa scandals either. But the type of scandals that send people to jail.
01Bear said:Another Bear said:
I don't get this. Doesn't seem very smart. He could have simply made a donation, or endowed a chair or academic position and got access, no? It's USC.
One of Silicon Valley's most prominent voices for ethical investing is implicated in a college admissions bribery scandalQuote:
One of Silicon Valley's most prominent private equity investors and one of the tech sector's leading proponents of how to invest ethically and for social impact has been charged in an explosive college admissions scandal that was revealed Tuesday, March 12.
Prosecutors charged Bill McGlashan, a founder and managing partner at TPG Growth which has made landmark investments in companies like Uber and Airbnb on fraud allegations for trying to engineer the admission of his son to the University of Southern California.
Wait, investing in a company that designates its employees as "independent contractors" in order to skirt employment (and wage and hour?) laws is "ethical investing?"
I'm unclear as to why something like affirmative action would solve for this problem? Don't all these private schools mentioned like Furd and SC already practice a form of affirmative action?OneTopOneChickenApple said:One is transparent and discussed. The other is a crime.FuzzyWuzzy said:This is liberal whataboutism. Two wrongs don't make a right.OneTopOneChickenApple said:
I always bring up this kind of stuff when people argue against Affirmative Action.
I alluded to this upthread. I think it's real. Drop a large donation or support 12 other kids. So if you can afford to drop $500k...you'll be dropping $3mil to general scholarship. If you run a large VC, you're going to endow a program to tune of $50m. Either that, or hard time...which I don't see.Unit2Sucks said:
At the risk of making this political, how many of these parents will be pardoned in exchange for campaign contributions? At any rate, I have a hard time believing any of these people see the inside of a prison.
Reminds me of this Dave Chappelle sketch (which I believe was recently posted somewhere else in this forum):
StillNoStanfurdium said:I'm unclear as to why something like affirmative action would solve for this problem? Don't all these private schools mentioned like Furd and SC already practice a form of affirmative action?OneTopOneChickenApple said:One is transparent and discussed. The other is a crime.FuzzyWuzzy said:This is liberal whataboutism. Two wrongs don't make a right.OneTopOneChickenApple said:
I always bring up this kind of stuff when people argue against Affirmative Action.
I think you may be conflating issues. I don't think the schools can drop prosecution here - certainly not for tax fraud. So it's possible the judges order them to make these sorts of donations in exchange for leniency, but most likely they just get the Manafort treatment (with suspended sentences instead of prison time). I wouldn't be surprised if one or more receive pardons however, since they were just being masters of the universe and have lived "an otherwise blameless life".Another Bear said:I alluded to this upthread. I think it's real. Drop a large donation or support 12 other kids. So if you can afford to drop $500k...you'll be dropping $3mil to general scholarship. If you run a large VC, you're going to endow a program to tune of $50m. Either that, or hard time...which I don't see.Unit2Sucks said:
At the risk of making this political, how many of these parents will be pardoned in exchange for campaign contributions? At any rate, I have a hard time believing any of these people see the inside of a prison.
Reminds me of this Dave Chappelle sketch (which I believe was recently posted somewhere else in this forum):
The ethical investing stuff had me at he invested in Uber. Jesus if he didn't figure out Uber was sleazeville after meeting Kalanick...01Bear said:Another Bear said:
I don't get this. Doesn't seem very smart. He could have simply made a donation, or endowed a chair or academic position and got access, no? It's USC.
One of Silicon Valley's most prominent voices for ethical investing is implicated in a college admissions bribery scandalQuote:
One of Silicon Valley's most prominent private equity investors and one of the tech sector's leading proponents of how to invest ethically and for social impact has been charged in an explosive college admissions scandal that was revealed Tuesday, March 12.
Prosecutors charged Bill McGlashan, a founder and managing partner at TPG Growth which has made landmark investments in companies like Uber and Airbnb on fraud allegations for trying to engineer the admission of his son to the University of Southern California.
Wait, investing in a company that designates its employees as "independent contractors" in order to skirt employment (and wage and hour?) laws is "ethical investing?"
There's obviously legacy bias, but they also are permitted to consider things like race in their admissions process as they aren't state schools, no? Isn't that what people who want to overturn Prop 209 want? To allow public schools to do the same kind of admissions review and consideration?01Bear said:StillNoStanfurdium said:I'm unclear as to why something like affirmative action would solve for this problem? Don't all these private schools mentioned like Furd and SC already practice a form of affirmative action?OneTopOneChickenApple said:One is transparent and discussed. The other is a crime.FuzzyWuzzy said:This is liberal whataboutism. Two wrongs don't make a right.OneTopOneChickenApple said:
I always bring up this kind of stuff when people argue against Affirmative Action.
What kind of affirmative action would that be? Lowered admission standards for the kids of the rich and powerful, especially the offspring of alumni (who are overwhelmingly white)?
StillNoStanfurdium said:There's obviously legacy bias, but they also are permitted to consider things like race in their admissions process as they aren't state schools, no? Isn't that what people who want to overturn Prop 209 want? To allow public schools to do the same kind of admissions review and consideration?01Bear said:StillNoStanfurdium said:I'm unclear as to why something like affirmative action would solve for this problem? Don't all these private schools mentioned like Furd and SC already practice a form of affirmative action?OneTopOneChickenApple said:One is transparent and discussed. The other is a crime.FuzzyWuzzy said:This is liberal whataboutism. Two wrongs don't make a right.OneTopOneChickenApple said:
I always bring up this kind of stuff when people argue against Affirmative Action.
What kind of affirmative action would that be? Lowered admission standards for the kids of the rich and powerful, especially the offspring of alumni (who are overwhelmingly white)?
If that's aimed my way, I'll just note that I remodeled that lounge only long after my kid had been admitted. And of course Cal is legally prohibited from even looking at that stuff (hence proving I'm not the most clever donor in the world).LunchTime said:This isnt about "buying your way in," as in the typical making a donation.golden sloth said:USC, the last bastion for the ignorant rich.Bobodeluxe said:
I am shocked, SHOCKED, that ...
Corruption is America.
Seriously though, everyone always knew you can undeservingly buy your way into an elite private school, I'm more surprised the feds are cracking down.
It is bribing individuals to lie. For example Lori's kid got in through the crew team despite having never rowed.
Imagine; people giving Wilcox $500k to get a football scholarship vs people donating $500k to the school to remodel a lounge in some building.
Did someone already say that? Just saw its three pages deep already.
71Bear said:OaktownBear said:ducky23 said:I'll only speak for the profession I know, but it absolutely matters for your first job after law school (after that, it doesn't matter).71Bear said:It is absolutely true.okaydo said:
It's amazing how true this is. (I'm sure many here will disagree, particularly those with advanced degrees.)
I also imagine that what medical school you go to might determine residency placement.
Employment statistics demonstrate that it matters a lot. Obviously the more work experience you get, the less your college matters. I tend to think people that say it doesn't matter are just far removed from the time in their lives when it really did.
Having said that, I would agree that it matters in the areas of law, medicine and engineering but otherwise, nope....
Quote:
We are aware of the ongoing wide-ranging criminal investigation involving universities nationwide, including USC. USC has not been accused of any wrongdoing and will continue to cooperate fully with the government's investigation.
We understand that the government believes that illegal activity was carried out by individuals who went to great lengths to conceal their actions from the university. USC is conducting an internal investigation. Donna Heinel and Jovan Vavic have been terminated and the university will take additional employment actions as appropriate.
USC is in the process of identifying any funds received by the university in connection with this alleged scheme. Additionally, the university is reviewing its admissions processes broadly to ensure that such actions do not occur going forward.
blungld said:I probably shouldn't post this on a public forum, but that Stanfurd POS drugged and sexually assaulted someone I know--got off and now look at him. Infuriating. Was that on his college essay? Go Cardinal, quite the haven for this behavior it seems.okaydo said:
Is he involved?
https://instagr.am/p/Buz-_NaFUux
And there are continued rumors around Santa Barbara about the Lowes and what they do and have done.
Furd has a major celebrity fetish.okaydo said:blungld said:I probably shouldn't post this on a public forum, but that Stanfurd POS drugged and sexually assaulted someone I know--got off and now look at him. Infuriating. Was that on his college essay? Go Cardinal, quite the haven for this behavior it seems.okaydo said:
Is he involved?
https://instagr.am/p/Buz-_NaFUux
And there are continued rumors around Santa Barbara about the Lowes and what they do and have done.
https://people.com/tv/rob-lowe-throws-shade-alleged-college-admissions-scam/
LOL! Took me a minute to realize you're our old friend TrojanWarrior. Sorry that USC cannot turn the corner on athletic corruption. It seems to be in the school's DNA.TDub said:I concur!hanky1 said:
USC's been having a rough past 2 years. One scandal after another. Non-stop. And not small time ncaa scandals either. But the type of scandals that send people to jail.
See, I knew somebody was going to say "I hired people and it didn't matter". Well, I was involved in interview processes (not just legal) and it DID matter. But that is purely anecdotal. Graduates of elite universities make tons more money over their careers than others. Either they are more talented to start with, they come out better prepared, (and if those are true, then I'd argue that it would be smart for employers to consider it in the hiring process), they have better connections, or employers do in fact care, or most likely all of the above.71Bear said:Speaking as someone who was responsible for hiring people into professional positions, I can say unequivocally that the college of choice did not matter. The only question regarding educational background was do you have a degree not where did you attend college. The interviews I conducted confirmed that those with degrees from Cal, Stanford, UCLA, etc. were no better than interviews with candidates from less "elite" schools. It isn't where you went to school, it is what you did after you graduated.OaktownBear said:ducky23 said:I'll only speak for the profession I know, but it absolutely matters for your first job after law school (after that, it doesn't matter).71Bear said:It is absolutely true.okaydo said:
It's amazing how true this is. (I'm sure many here will disagree, particularly those with advanced degrees.)
I also imagine that what medical school you go to might determine residency placement.
Employment statistics demonstrate that it matters a lot. Obviously the more work experience you get, the less your college matters. I tend to think people that say it doesn't matter are just far removed from the time in their lives when it really did.
Having said that, I would agree that it matters in the areas of law, medicine and engineering but otherwise, nope....
This is just as wrong.OneTopOneChickenApple said:
I always bring up this kind of stuff when people argue against Affirmative Action.
OaktownBear said:ducky23 said:I'll only speak for the profession I know, but it absolutely matters for your first job after law school (after that, it doesn't matter).71Bear said:It is absolutely true.okaydo said:
It's amazing how true this is. (I'm sure many here will disagree, particularly those with advanced degrees.)
I also imagine that what medical school you go to might determine residency placement.
Employment statistics demonstrate that it matters a lot. Obviously the more work experience you get, the less your college matters. I tend to think people that say it doesn't matter are just far removed from the time in their lives when it really did.
It's one thing if your kid has the same qualifications as another and you pay to get him/her in. Cheating on SAT's with crooked proctors and test takers crosses an even further line.golden sloth said:USC, the last bastion for the ignorant rich.Bobodeluxe said:
I am shocked, SHOCKED, that ...
Corruption is America.
Seriously though, everyone always knew you can undeservingly buy your way into an elite private school, I'm more surprised the feds are cracking down.
OneTopOneChickenApple said:It's one thing if your kid has the same qualifications as another and you pay to get him/her in. Cheating on SAT's with crooked proctors and test takers crosses an even further line.golden sloth said:USC, the last bastion for the ignorant rich.Bobodeluxe said:
I am shocked, SHOCKED, that ...
Corruption is America.
Seriously though, everyone always knew you can undeservingly buy your way into an elite private school, I'm more surprised the feds are cracking down.
Maybe they just have really stupid, unmotivated kids.Unit2Sucks said:UCBerkGrad said:
Why is this a scandal? Elite private schools have been admitting students when daddy donates a new library to the school. Has been happening for 100+ years.
The irony is the way the feds acknowledged that during the presser but still acted like getting rid of this fraud will clean up private school admissions.
I do have to wonder about the people involved in this. A lot of the schools they mentioned were relatively normal regional schools like Northeastern U. I get doing all this to get into Yale, but ...
Rushinbear said:This is just as wrong.OneTopOneChickenApple said:
I always bring up this kind of stuff when people argue against Affirmative Action.
