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Huh, the prestige is most definitely real. The status is real. If your kids go to Harvard or Stanford, people will assume they're smart and you're a good parent
by scarejunba 8y ago
Huh, the prestige is most definitely real. The status is real. If your kids go to Harvard or Stanford, people will assume they're smart and you're a good parent.
- lordnacho 8y agoBut it's pretty fragile. You can imagine after this scandal some prestigious employer, say Goldmans or McKinsey declaring that they want to see on everyone's applications whether they are a legacy, small sport scholar, or child of a rich donor. In fact that might benefit society an awful lot.
- JMTQp8lwXL 8y agoAfter the revelations, I don't know if the prestige is as strong. It's still there, but you could wonder how many of these people bought their way in, or earned the privilege.
- matt-attack 8y agoDon't forget it starts way before college. For 18 years before college they're shelling out major money (easily $50k/yr or higher) for elite private schools. Getting them into college is just the natural extension of this 18 year spending spree.