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There are so few people this would apply to (wealthy individuals with large amounts of unreported cash income who are applying to college) that its not even wor

There are so few people this would apply to (wealthy individuals with large amounts of unreported cash income who are applying to college) that its not even worth considering as an edge case for college admissions. The point isn't to eliminate every possible way college admissions can be gamed but to get the best method that works for the majority of applicants.

kennend3 4y ago
> There are so few people this would apply to (wealthy individuals with large amounts of unreported cash income who are applying to college) that its not even worth considering as an edge case for college admissions. You would be mistaken.. This is actually a rather serious problem. https://www.theglobeandmail.com/news/british-columbia/incomeless-students-spent-57-million-on-vancouver-homes-in-past-two-years/article31892652/ https://www.theglobeandmail.com/news/british-columbia/income... https://vancouversun.com/opinion/columnists/douglas-todd-vancouver-still-suffering-fallout-from-students-buying-mansions https://vancouversun.com/opinion/columnists/douglas-todd-van... https://torontosun.com/2016/05/12/311-million-vancouver-mansion-owned-by-student https://torontosun.com/2016/05/12/311-million-vancouver-mans... https://www.vice.com/en/article/wd7wz4/student-owns-this-31-million-vancouver-mansion https://www.vice.com/en/article/wd7wz4/student-owns-this-31-...
- naniwaduni 4y ago
  This seems like multiple reports on a single batch of incidents connected to sketchy accounting of foreign capital (and in Canada). What about this doesn't scream "edge case" and needs to be handled as a general case of college admissions and not by anti-money-laundering?