The irony of the elite college admissions bribery scandal is that getting admitted into an elite school through dishonest means won't help you earn more money. Research has produced surprising findings on what really matters.
If you haven’t been boycotting the news this week, then you’ve probably heard about the big“Federal prosecutors charged dozens of people on Tuesday in a major college admission scandal that involved wealthy parents, including Hollywood celebrities and prominent business leaders, paying bribes to get their children into elite American universities.”
Parents are getting plenty of messages that an Ivy League, or equally elite, college education is a must-have for wealth and success. For example, the.” The chart showed that Ivy League graduates far out-earned their peers from other schools: “The median annual earnings for an Ivy League graduate 10 years after starting amount to well over $70,000 a year. For graduates of all other schools, the median is around $34,000.
But it isn’t true. In fact, a closer look shows that it is the students who make the money magic happen, not the schools. It isn’t that thearticle is wrong on the salaries. The issue is to whom and to what to attribute all those earnings. What really matters is the student. Perhaps the most fascinating finding of the study is that there is a far stronger correlation between earnings and the average SAT scores of the most selective college a student applies to than there is between earnings and the average SAT of the school a student actually attends.
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The Irony Of The Elite College Admission Bribery ScandalThe irony of the elite college admissions bribery scandal is that getting admitted into an elite school through dishonest means won't help you earn more money. Research has produced surprising findings on what really matters.
Read more »
The Irony Of The Elite College Admission Bribery ScandalThe irony of the elite college admissions bribery scandal is that getting admitted into an elite school through dishonest means won't help you earn more money. Research has produced surprising findings on what really matters.
Read more »
50 charged in massive college admission bribery scandal32 parents, including celebrities and other wealthy and influential people were charged along with a coaches at elite universities, and two test administrators of standardized tests, of a massive scheme to cheat and bribe to get kids into elite universities, and the ringleader was the founder of a college prep business who pleaded guilty to all charges and is a cooperating witness.
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Admissions scandal reveals why America’s elite colleges are under fireA sweeping admissions cheating and bribery scandal the FBI uncovered is the latest blow to the nation’s most expensive and selective American universities, which are also battling allegations of misusing race in deciding who will be invited to enroll
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