4 ms·

> What will it take to get my kid into Harvard or Yale? His answer: $750,000. That’s Rim’s going rate for advice on landing a coveted spot in the Ivy League for

by rg111 3y ago

> What will it take to get my kid into Harvard or Yale? His answer: $750,000. That’s Rim’s going rate for advice on landing a coveted spot in the Ivy League for students who want to start college prep in the 7th grade. The price is more than twice what it can cost to actually attend one of those eight elite schools. > Before the pandemic, Rim worked out of offices in the Beaux-Arts Bergdorf Goodman Building in Midtown Manhattan, not far from the Plaza Hotel. Today, he likes to court parent-clients at the sumptuous Aman Club (a members-only club, where the initiation fee runs $200,000). If that won’t do, Rim will discreetly drop by a client’s home — whether it’s a condo at 15 Central Park West or on Miami’s Fisher Island — for a modest $10,000 deposit.

S2101 3y ago
This was an interesting article. I am an adult and child psychiatrist. I see a mix of people but many very bright people or wealthy people. Some of my patients have used these services. They can be helpful as others said, doing some kind of prep and hand holding, mostly it's about starting the common app early and doing some more activities in HS. The article alluded to a deeper challenge, how to motivate kids who have everything? I have treated kids like this, some of whom got more motivated and went to HYPBSC etc. But that is more like a therapist role. When these companies do those services, beyond working with the founder, it seems somewhat like psychiatry group practices where someone (hopefully good) hires a bunch of people to work under them. The head does not really know what they are doing but has some general supervision sometimes but a lot of it is you are just working with a less qualified person (who the founder is making $ off). for the record I don't have great love for that kind of practice and am old school solo practitioner dr.

by rg111 3y ago

S2101 3y ago

This was an interesting article. I am an adult and child psychiatrist. I see a mix of people but many very bright people or wealthy people. Some of my patients have used these services. They can be helpful as others said, doing some kind of prep and hand holding, mostly it's about starting the common app early and doing some more activities in HS. The article alluded to a deeper challenge, how to motivate kids who have everything? I have treated kids like this, some of whom got more motivated and went to HYPBSC etc. But that is more like a therapist role. When these companies do those services, beyond working with the founder, it seems somewhat like psychiatry group practices where someone (hopefully good) hires a bunch of people to work under them. The head does not really know what they are doing but has some general supervision sometimes but a lot of it is you are just working with a less qualified person (who the founder is making $ off). for the record I don't have great love for that kind of practice and am old school solo practitioner dr.