Wealth in College Admissions
During the college application period, some parents support their children by reassuring them that hard work and good grades can get them into a good college. Other parents decide to support their children in a more unconventional way. Thirty-three wealthy parents, including Felicity Huffman from “Desperate Housewives” and Lori Loughlin from “Full House,” were recently involved in what the case’s prosecutors referred to as the “largest college admission scam” ever. These parents spent anywhere from $200 thousand to $6.5 million to get their kids into elite colleges such as Georgetown, Yale, Stanford and the University of Southern California.