Doesn't mean your progeny have a special place at that College and it's illegal now in the US?
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Higher Education: Endowing a Chair...
- Thread starter dontpanicbobby
- Start date
No, giving a crapload of money to a college, getting a building named after you is a legal way of gaining preferable admissions for your precious silver spoon underachieving children. Bribing people in the athletic department to lie and call your loser kids athletic prospects to get them past admissions standards that apply to non-wealthy alumni donors is illegal, and only costs about ten cents on the dollar.
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So either way, you're buying your kids entry into the college?
I thought that was called "tuition"?
But we're prosectuting both aren't we?
Yes
No. If someone gifts $200mm to a college and they name a building after them, it isn't illegal. At least I've never heard of a prosecution.
- But their kids get in and they are non-athletic idiots?
- Too harsh.
- Average learners.
I'm just saying. A $200mm endowment in Mommy and Daddy's name is a pretty powerful tiebreaker.
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So that $200m sweetener pretty much renders qualifying exam passes irrelevant 
I guess when admissions gets to subjectively decide how to weigh different aspects of an application like club participation, athletics, civic engagement, etc. it is easy to see how it works.So that $200m sweetener pretty much renders qualifying exam passes irrelevant
ok..
frankly.. if a family donates a significant amount to a college ..$$ millions.
i dont care of their kids get in.. as long as they have a high school diploma (GED)
come-on.. that donation covers the kids tuition and more. helps the school and other students!
universities have bills to pay... and it does help many ppl get a better start in careers.
once in... the kids are on their own to pass each class.
earn the degrees!!!
but.. i dont want cheaters.. working the system
bribe coaches/individual teachers for scholarships.
frankly.. if a family donates a significant amount to a college ..$$ millions.
i dont care of their kids get in.. as long as they have a high school diploma (GED)
come-on.. that donation covers the kids tuition and more. helps the school and other students!
universities have bills to pay... and it does help many ppl get a better start in careers.
once in... the kids are on their own to pass each class.
earn the degrees!!!
but.. i dont want cheaters.. working the system
bribe coaches/individual teachers for scholarships.
I worked around a very fine carpenter who had his own successful business. He quit his business and went to work for a local private college as a maintenance man. The pay was minimal but they granted employees free tuition to all family members. He put his five children though college and then went back to work for himself. This, in no way, helped the college or paying students but certainly was a sweet job perk.
I feel the same about people that donate huge sums to a college as posted above. It doesn't hurt the college or paying students if donor's children have a free ride. They still have to achieve to continue their education.
I feel the same about people that donate huge sums to a college as posted above. It doesn't hurt the college or paying students if donor's children have a free ride. They still have to achieve to continue their education.
No--and that's the scary part.
The same students who matriculated at these prestigious universities--despite bad grades in high school and SATs that were taken by paid ringers--will pay their way through college, too.
They're there for the fun parts of college, not to schlep to classes every day and stay up late studying for, and acing, exams.
What's scary about that? What if some of these academic losers get into law school or medical school? Well, they wouldn't last long, so there's not much chance they'd actually earn the right to practice. But they would be taking up a slot some other, qualified applicant could've used that year.
I won't deny that @MoodyBlues
But, like how many go on to a graduate degree?
But, like how many go on to a graduate degree?
sure.. i agree.. that does happen.
and students that sleep with professors / TA to get through classes...
and students that cheat.. with friends help..
and so on and so on.. we cant stop them all....
and you are right.. a seat is lost!
life just aint fair... and sometimes.. you just have to fight for your share.
i actually know some of these students..
useless in the field of study.
some actually learn On-the-job and get good.
the degrees help them get into the entry level careers.
but those that the parents.. gave $$ millions... valuable donations.
i still stand by.. it more than pays for the lost seat..
and adds to the over all benefit of the student body.