If they're spending $ millions to get them in ... probably spending $ millions to get the grades they want.
- Last Updated:
- Sep 19th, 2019 7:37 am
Tags:
- pootza
- Deal Addict
- Dec 19, 2009
- 3882 posts
- 1877 upvotes
- Boondoggler
- Member
- Mar 14, 2018
- 423 posts
- 298 upvotes
- mr_raider
- Deal Expert
- Feb 29, 2008
- 25644 posts
- 3184 upvotes
- Montreal
American private universities. They are only subject to the sanctions of their own boards of administration, since they take no public money. At best, a student refused could try to sue for compensation.DelusionalDiva wrote: ↑ The schools should also get sanctioned for being complicit in this. I can't believe (or maybe I can believe) that schools are acting like they have been a victim in all this.
- aviador
- Deal Addict
- Sep 9, 2010
- 4814 posts
- 3068 upvotes
- Burnaby
IVY LEAGUE COLLEGES GET HUGE SUBSIDIES FROM FEDERAL GOV’T , Daily Caller, 10/17/2016
The most exclusive and elite private colleges are heavily subsidized by taxpayer funds, according to a report on funds that Ivy League colleges receive from the federal government.
The eight schools received more than $30 billion in taxpayer funds between 2010 and 2014, according to the non-partisan government spending research group American Transparency (OpenTheBooks.com). Each school received an average of $6 billion in taxpayer funds annually in that time period, including government contracts, grants, student aid, and non-profit tax benefits.
Critics to Ivy Leagues: 'Taxpayer gravy train needs to end', Fox News, March 29, 2017
Over a six-year period, Ivy League schools have received tens of billions in tax dollars, bringing in more money from taxpayers than from undergraduate student tuition. In fact, they received more federal cash than 16 state governments.
The 43-page report shows the massive amount of money flowing into not-for-profit Ivy League schools, including payments and entitlements, costing taxpayers more than $41 billion from fiscal year 2010 to fiscal year 2015.
The spending is controversial because these eight schools -- Brown University, Columbia University, Cornell University, Dartmouth College, Harvard University, the University of Pennsylvania, Princeton University and Yale University -- have enormous resources at their fingertips, including endowment funds (money raised from donors) in 2015 exceeding $119 billion. Take that total and split it up among Ivy League undergrads and it comes out to $2 million each.
Not sure about the breakdown (subsidies to students, bursaries, research grants, tax credits, etc.), but quite a bit of taxpayers money given away to private institutions that should be self-sufficient (regarding funding).Universities Getting the Most Money from the Federal Government 247 Wall ST, 2017
yare yare daze...
[space reserved for peddling, shilling, self-promotion advertising]
Insert here list of companies with referral programs
[space reserved for peddling, shilling, self-promotion advertising]
Insert here list of companies with referral programs
- DelusionalDiva
- Member
- Oct 24, 2009
- 391 posts
- 85 upvotes
Interesting. Canadian universities are also mostly funded by the gov't and who's to say that the same thing doesn't happens here. In any case, nothing will come out of this and it'll die down in few days at the most.
I wonder if Felicity Huffman and Lori Loughlin pissed off someone higher up to be outed like this.
I wonder if Felicity Huffman and Lori Loughlin pissed off someone higher up to be outed like this.
- Menthol
- Deal Addict
- Mar 14, 2004
- 3143 posts
- 488 upvotes
- North Etobicoke
You know what punishment would really hurt. Jail the kids for fraud. the parents would go nuts.
- Becks
- Deal Guru
-
- Mar 14, 2005
- 13349 posts
- 2250 upvotes
- City of Vancouver
Cheating is rampant everywhere in life. Trying to get rid of it is like trying to get rid of prostitution. But, it's nice when ppl get busted for it once in a blue moon.
- SLee
- Deal Addict
- Jul 23, 2002
- 4393 posts
- 926 upvotes
It helps that there's less qualitative evaluations in Canada; to get into undergrad you usually don't have essays to write, interviews and extracurricular aren't that important.DelusionalDiva wrote: ↑ Interesting. Canadian universities are also mostly funded by the gov't and who's to say that the same thing doesn't happens here.
- chimaican
- Deal Guru
-
- Oct 23, 2008
- 11370 posts
- 7783 upvotes
- GTA, ON
.... Privilege
Tis banana is IRIE 
10% off is cold, 50% off is warm, 75% off is hot, but FREE IS RFD!
10% off is cold, 50% off is warm, 75% off is hot, but FREE IS RFD!
- eager beaver
- Deal Addict
- Sep 2, 2010
- 1756 posts
- 785 upvotes
- Ontario
What this proves is life isn't fair. Big surprise.
- eonibm
- Deal Expert
-
- Aug 2, 2010
- 15193 posts
- 4911 upvotes
- Here 'n There
I wonder what Felicity looks like in shackles...
- loserga
- Deal Addict
- Apr 30, 2011
- 3343 posts
- 398 upvotes
- RICHMOND HILL
The only reason there are people willing to participate in these scams is because demand exceeds the supply of available slots at elite colleges. There are literally too many wealthy Americans for elite colleges to accommodate.thelefteyeguy wrote: ↑ ...so 50 out of 325M ppl...ok.
- badOne
- Deal Fanatic
-
- Mar 31, 2017
- 6729 posts
- 2945 upvotes
I wonder if the schools will start expelling students
- chimaican
- Deal Guru
-
- Oct 23, 2008
- 11370 posts
- 7783 upvotes
- GTA, ON
Hasn't this always been the way of the rich though? Produce and create idiot children by coddling them with money and self entitlement and then act surprised when they can't get into school, so you bribe their way in?
Tis banana is IRIE
10% off is cold, 50% off is warm, 75% off is hot, but FREE IS RFD!
10% off is cold, 50% off is warm, 75% off is hot, but FREE IS RFD!
- UrbanPoet
- Deal Expert
-
- Jan 27, 2004
- 44128 posts
- 7235 upvotes
- T.O. Lotto Captain
Unbelievable... America baffles me sometimes.
They’re known as the pillar and defenders of democracy... the largest military power and economic super giant.
Yet third world country ish like bribery, cronyism, and trump run rampant...
- jasonchewy
- Deal Addict
- Mar 5, 2006
- 1657 posts
- 761 upvotes
- Toronto
the college should turn a blind eye to these kids, get rich, then flunk them at the end. WIN WIN 
- poleman
- Deal Addict
-
- Nov 10, 2015
- 2243 posts
- 853 upvotes
- Monte Creek, BC
I agree. As far as I'm concerned the schools are the real guilty ones. Hit them hard.DelusionalDiva wrote: ↑ The schools should also get sanctioned for being complicit in this. I can't believe (or maybe I can believe) that schools are acting like they have been a victim in all this.
No political content in signatures (Who did I offend?)
- Piro21
- Deal Expert
-
- Nov 15, 2004
- 19327 posts
- 3375 upvotes
- Toronto
I don't understand this. You'd be better off just giving the money directly to the kid and sending them to a lower school.article wrote:Parents spent anywhere from $200,000 to $6.5 million US to guarantee their children's admission, officials said.
- Guest4727381
- Banned
- Jan 12, 2015
- 4107 posts
- 27310 upvotes
Parents made their payments to a sham charity, prosecutors said, which also allowed them to take a fraudulent tax write-off. The fake charity, Key Worldwide Foundation, purported to help provide an education to "underprivileged students."
https://ca.news.yahoo.com/ex-pimco-chie ... ector.html
https://ca.news.yahoo.com/ex-pimco-chie ... ector.html
- chimaican
- Deal Guru
-
- Oct 23, 2008
- 11370 posts
- 7783 upvotes
- GTA, ON
Well technically their kids are charity cases based upon their lack of intelligence.BK2006 wrote: ↑ Parents made their payments to a sham charity, prosecutors said, which also allowed them to take a fraudulent tax write-off. The fake charity, Key Worldwide Foundation, purported to help provide an education to "underprivileged students."
https://ca.news.yahoo.com/ex-pimco-chie ... ector.html
Tis banana is IRIE
10% off is cold, 50% off is warm, 75% off is hot, but FREE IS RFD!
10% off is cold, 50% off is warm, 75% off is hot, but FREE IS RFD!