Varsity Blues

The college admissions process is even more corrupt than we realized:

College Admissions Scandal: Actresses, Business Leaders and Other Wealthy Parents Charged

A teenage girl who did not play soccer magically became a star soccer recruit at Yale. Cost to her parents: $1.2 million.

A high school boy eager to enroll at the University of Southern California was falsely deemed to have a learning disability so he could take his standardized test with a complicit proctor who would make sure he got the right score. Cost to his parents: at least $50,000.

A student with no experience rowing won a spot on the U.S.C. crew team after a photograph of another person in a boat was submitted as evidence of her prowess. Her parents wired $200,000 into a special account.

In a major college admissions scandal that laid bare the elaborate lengths some wealthy parents will go to get their children into competitive American universities, federal prosecutors charged 50 people on Tuesday in a brazen scheme to buy spots in the freshman classes at Yale, Stanford and other big-name schools.

Brazen indeed - this goes well beyond the tutoring, application coaching and resume-building "study abroad" programs available to those with financial resources.

I'm intrigued to see that coaches of non-revenue sports are monetizing their ability to wave in recruits. No big-time basketball or football coach would need to do that, since they already have the TV and radio deals, sneaker deals, big contract and so on.

Ross zDouthat had a good twitter thread noting that parents are buying social status, not a lifetime of higher earnings.

The Ivy League earnings myth is discussed here. The conclusion: Ivy-qualified kids do as well as their Ivy-accepted peers.

In the pair's newest study, the findings are even more amazing. Applicants, who shared similar high SAT scores with Ivy League applicants could have been rejected from the elite schools that they applied to and yet they still enjoyed similar average salaries as the graduates from elite schools. In the study, the better predictor of earnings was the average SAT scores of the most selective school a teenager applied to and not the typical scores of the institution the student attended.

The researchers originally looked at students who started college in 1976, and in the new study they revisited what happened to these graduates. With the passing time, the salary advantage for the now middle-aged graduates, who attended elite schools, as well as those who gained admission, but passed on the chance, remained. The new study also looked at students who entered college in 1989.

My quibble - this looks at grads from the early 90's. MAYBE the hiring market has changed. Did McKinsey and Goldman Sachs cut back on the schools from which they hired in the last twenty years? Possibly.

Comments

[D]

MM:
Aren’t you glad that Donald Trump beat them all ?
I am and he will continue one way or another.
He needs their votes for judges and his cabinet people.
Tillis changed his mind and voted against.
Alexander - not running again
Toomey-always a RINO
Moran- Kansas- don’t know why
Altogether 12 Repubs voted yes.
Still not 2/3.

[James D.]

Romney gets a pass from me because he is new and wants follow what he believes is the constitutional separation of powers.

If that's true, why was he silent from 2013-2016 when Obama was using the Constitution for toilet paper?

[D]

JamesD:
He had no power and no elected office during that time.
So how about the other 11 votes?
Toomey- Trump pulled him over the finish line
Moran- ?
Sorry,
I think power and live of country were the main reasons for Donald Trump’s run.

[D]

Love of country.

[Buckeye]

Just sent a note to Portman. Probably a waste of time.

[Dave (in MA)]

N
E
W

[MissMarple2]

Deven_Intel
‏ @Deven_Intel

#BREAKING
I am monitoring what could potentially be a serious situation in #Israel.
Reports of sirens going off in #TelAviv.
Reports of incoming rockets in Tell Aviv.

[Threadkiller]

Maryrose, what was the compromise you spoke of?

[Captain Hate]

What can be more important to the security of citizens than controlling the borders? Those 12 Repukes have Kate Steinle's blood on them. Honestly I never thought the party would stoop this low.

[President-Elect Jim,SunnyvaleCA]

New?

[D]

Weak arrogant and spiteful and the younger senator from Utah.
Would everyone call Alexander, Rubio, Paul the same names?Maybe Trump shouldn’t have challenged Rubio’s manhood and called him little Rubio in the primaries.

[D]

OL :
It is not our fault Trump surrounded himself with disloyal sleazy characters like Cohen,

[Threadkiller]

Trump shouldn’t have challenged Rubio’s manhood and called him little Rubio in the primaries.

It is ok for some to be spiteful.

[President-Elect Jim,SunnyvaleCA]

Trump is helping.
The despicable RINO Senators are holding things back.
Hopefully they DIAF.

New

[D]

Captain:
I think you are over reacting to this.
No blood is on anyone’s hands.
The ones that didn’t support the order know he can get it anyway.
TK:
Last night supposedly a group of senators went to the WH to try and persuade the President not to issue any other Emergency orders without their support or knowledge.
He rejected that idea.
Had Trump given Mitt the SOS job and he then ran for Senate in Utah he would have had a supporter for life.
As it is he went with Tillerson who didn’t last long.
Bad personnel choices are a weakness.

[Threadkiller]

Had Trump given Mitt the SOS job and he then ran for Senate in Utah he would have had a supporter for life.

Mitt needed to be bribed by getting a position of power? Sad.

Last night supposedly a group of senators went to the WH to try and persuade the President not to issue any other Emergency orders without their support or knowledge.
He rejected that idea.

Facts not in evidence.

[anonamom]

JiB, as I said last night, and you did relay this morning, jane needed to know the time when when the boat was leaving,and when it would be back.

You DID NOT give that information, nor did you even acknowledge that you would be providing it.

I get that you did not have that information, but you did not communicate that at any point last night.

[D]

TK:
Repeating what others stated on the other thread about interrupting his dinner and offering that proposal.
I could be wrong.

[Buckeye]

2 Facebook guys have "decided to leave the company"

Instagram and WhatsUp guys.

Somebody has to take the fall.

[Buckeye]

Markets did a big yawn today.

[GUS]

The issues with regard to our FLORIDA meet up are resolved to everyones satisfaction.
Marlene cannot make it.
Jane, Gus and Gus BFF, plus Jack and Capn Eric will send y'all pictures.
Jack has been gracious in doing this for ME.

[President-Elect Jim,SunnyvaleCA]

New

[KevlarKid]

"Nice to see you, kk. Do what you need to do to stay healthy, body and soul. "

?