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Yeah, because that is how these things are priced. Oh no, wait a minute, they aren't. They will actually be priced using perceived-value-added, so someone payin
by inflatableDodo 8y ago
Yeah, because that is how these things are priced. Oh no, wait a minute, they aren't. They will actually be priced using perceived-value-added, so someone paying 6.5 million might push that up a bit.
- krastanov 8y agoI do not know about Stanford in particular, but elite schools have some of the best financial aid programs in the US. If against odds a kid from a blue collar family gets into an Ivy, they might very well pay zero tuition (which was the case for a number of acquaintances of mine). However, this money was not paid to the school to buy a spot. It was paid to a white collar criminal who falsified data in order to make it look like the kid "deserved" to get in Stanford.