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This is why they should make it law that your kids can't attend a university if you've donated there. This and the legacy admissions nonsense is beyond absurd.
by ghobs91 8y ago
This is why they should make it law that your kids can't attend a university if you've donated there. This and the legacy admissions nonsense is beyond absurd.
It's why I roll my eyes so hard when investors say that attending a top school is a "signal" that makes you a better bet to invest in as a founder. That signal is pretty damn weak if those top schools so rampantly accept bribes.
- oefrha 8y ago> they should make it law that your kids can't attend a university if you've donated there. Wow, not so fast. I'm a Stanford grad and I donate a bit of money every year when they ask. Should my future kids be excluded from admissions? There's a world of difference between donating and donating to get your kids admitted.
- ghobs91 8y agoYes. If after that law passed, you still chose to donate, then it would show your intentions were to benefit your alma mater, and not to get your kids in. These elite schools all have massive endowments, on top of the ridiculously inflated tuition they charge, so give me a break if you're trying to tell me they need these donations. Otherwise, the idea of an elite school on your resume "signaling" something about you is meaningless. These schools are supposed to be bastions of knowledge and research, not expensive country clubs for rich kids to network with each other.