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> Shaw has been said to purchase tickets for several different flights on the same day in case his plans change. Hard to reconcile that with David not choosing

by kolbe 7y ago

> Shaw has been said to purchase tickets for several different flights on the same day in case his plans change. Hard to reconcile that with David not choosing to fly private. Maybe he has environmental concerns, but I would guess he exclusively flies private, especially since this article claims he's a little OCD about controlling every part of every process. With regards to "buying" his kids' way into college, it doesn't look like there's any evidence that this was David's goal other than coincidental timing. But beyond that, David doesn't need to buy his kids' way into these colleges. Colleges love to accept the children of billionaires. Nothing is better than linking up an intellectual class with the wealthy class, and letting the melding of capital and innovation create powerful and successful alumni.

gbronner 7y ago
I recall talking to the chair of special gifts at an elite institution, and him lamenting that the school had rejected the children of multiple billionaires, making his life much harder. Brown traditionally let a few parents buy their kids a spot, but most other Ivy League places can find enough highly qualified kids who happen to be offspring of rich parents to not worry much.
- ameister14 7y ago
  Yale is pretty famous for pay to play - it also turns out to be where two of Shaw's kids ended up going, and Harvard let in Kushner
  - gbronner 7y ago
    Never heard of the p2p reputation at Yale. May be true, but have never seen it. My understanding is that it would only help if the kids weren't going to get in on their own merits, and by all accounts, this was not an issue. It is a signalling mechanism that they are going to pay full price or more, but I see no evidence that they bought their way in. Kushner offered a lot more than a million a year, and had a politically connected father and it was a generation ago.
    - ameister14 7y ago
      Kushner graduated Harvard in 2003. That wasn't a generation ago.

by kolbe 7y ago

gbronner 7y ago

I recall talking to the chair of special gifts at an elite institution, and him lamenting that the school had rejected the children of multiple billionaires, making his life much harder. Brown traditionally let a few parents buy their kids a spot, but most other Ivy League places can find enough highly qualified kids who happen to be offspring of rich parents to not worry much.

ameister14 7y ago
Yale is pretty famous for pay to play - it also turns out to be where two of Shaw's kids ended up going, and Harvard let in Kushner
- gbronner 7y ago
  Never heard of the p2p reputation at Yale. May be true, but have never seen it. My understanding is that it would only help if the kids weren't going to get in on their own merits, and by all accounts, this was not an issue. It is a signalling mechanism that they are going to pay full price or more, but I see no evidence that they bought their way in. Kushner offered a lot more than a million a year, and had a politically connected father and it was a generation ago.
  - ameister14 7y ago
    Kushner graduated Harvard in 2003. That wasn't a generation ago.