Opinion: Donating money to help your child get into college isn't wrong (via latimesopinion)
The wealthy parents ensnared in the college admissions scandal violated the law in numerous ways. They falsified standardized test scores, fabricated athletic profiles and disguised payments for admissions consulting as tax-deductible charitable contributions.
Private universities, even those that practice need-blind admissions, are very aware of which parents have made or are likely to make substantial financial gifts. At schools with sophisticated fundraising operations, the institution may be as knowledgeable about the parents’ financial profile as about the applicant’s academic accomplishments. At most schools, the applications of students whose parents have previously given generously are flagged for special attention.
The actual cost of education at most schools substantially exceeds the tuition collected. Even students who pay full tuition pay less than the cost of their education and thus are being subsidized. This subsidy is provided in part by government funding at public universities. Private schools, in contrast, have to rely wholly on private philanthropy, which at some schools covers nearly a third of operating expenses.
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