Elite colleges already serve as some of President Donald Trump’s favorite targets. Their fat endowments took a hit in the 2017 GOP tax law. A sweeping admissions cheating and bribery scandal the FBI uncovered Tuesday 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. The charges that were unveiled — that dozens of wealthy and famous parents were able to literally write a check to push their children’s way into some of America’s best schools — are certain to confirm the suspicions of many: that the “tried and true” method to successful college admissions, as the ringleader in the scheme put it, is money. Many colleges enroll more students from the top 1 percent of earners than the bottom 60 percent combined. The frenzied race for admissions took on an ugly aura.Story Continued Below “It just exposed that old secret that money buys a lot,” said Anthony Jack, an assistant professor at the Harvard Graduate School of Education. “We have this understanding that to make it into these places is somehow about how much work you’ve done or how much… Read full this story
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