College Admissions Scandal

Parents: If you find yourself paying hundreds of thousands of dollars to an admissions consultant, please know you are probably engaging in unethical (or worse – illegal) activities.

Yes, consultants charge fees for services, but those fees are in line with the value of services offered.  I’ve been working with students for many years, and I have never charged a family anything that resembles the numbers being revealed in #Varsity Blues court documents, especially the $1.2M the family from China paid to Singer.

Unless you’ve been living under a rock, you’re probably aware of the college admissions scandal, which has dominated headlines and seen multiple people charged – including actors Felicity Huffman (who has pleaded guilty) and Lori Loughlin – with everything from conspiracy to commit fraud to money laundering.

William Singer, the founder of a college prep business called The Key, accepted millions of dollars from individuals to get their children into elite universities such as Yale and the University of Southern California. He has since pleaded guilty to racketeering and other charges.

And, Singer also apparently misled at least one family about the process of getting into Yale, and subsequently charged them $1.2 million for his criminal services, according to new report from the New York Times.

The family was described in court documents as having paid Singer $1.2 million in connection with their daughter’s application to Yale. Prosecutors said that the daughter, whom they called Yale Applicant 1 in court documents, was admitted to the university as a recruit for the women’s soccer team — and of course she was not a competitive soccer player.

The moral of this story? If something feels shady and icky, it probably is.  Don’t do it.  By any means necessary is typically a dangerous philosophy by which to live.

Visit Yahoo Finance for the original story.