<p>I know someone at my school, who is quite rich, but went to ok state schools. His father is considering giving money to the school ($50-100k) a year in both his junior and senior year to a HYP school. </p>
<p>Is this morally/ethically right, and "will it get him in?" I think it will, but everyone else thinks it wont?</p>
<p>Will it?</p>
<p>haha of course it's not morally or ethically right! It could get him in though.</p>
<p>I'm sure that the colleges will appreciate the dad's donation, but for his son to get a tip factor at schools like HPY, the dad would have to give much more than a couple of hundred thousand dollars.</p>
<p>I've read that anything under like $10 million doesn't show up on the radar. He's gonna have to come much harder than that! lol</p>
<p>HAHA paying millions of dollars to go to a school that will give you a marginally better education and net you far less than that in terms of pay? How stupid.</p>
<p>Won't do anything at those schools.</p>
<p>at mephist0,
although it may seem ludicrous, I could imagine that a parent who is already unbelievably wealthy would be willing to donate millions in order to buy acceptance for their child at a top university. Once you are filthy rich to the degree that donating millions doesnt really have any effect on your bank account balance, it might seem worth it to set up a potentially brighter future for your child.</p>
<p>Most colleges are honest in reporting that a few percent of those accepted every year are development cases, kids of wealthy donors or potential donors. A donation not in seven figures is not going to help at any ivy, though I've heard some cases such as that of Ralph Lauren who was supposed to give a major gift to Duke for taking his offspring and then only gave $500K.</p>
<p>And for the really wealthy, it's just a tax deduction, better to give it to Harvard and get little Tripp in than give it to the IRS.</p>
<p>not fair at all, but life isn't fair... and it's unfair</p>
<p>a family friend paid $500 k to get his son into John Hopkins. The boy flunked out though so if you are feeling a bit jealous, there's your sweet justice.</p>
<p>It most likely will not affect anything, although I do believe that large donations can certainly buy a student's way into a school. However, Harvard's endowment is in the BILLIONS. $50,000 is a drop in the can for them.</p>
<p>$50,000? You are not talking about the tuition fee are you? I would donate that to attend Harvard (if it waives my tuition fee lol).</p>
<p>Here's an old saying: "If you have to ask how much, you can't afford it"</p>
<p>$50-100K is nothing considering that 100K would cover just a little over two years tuition and fees. Students who don't receive FA have families who can already do that w/o blinking an eye. Look at seven or eight figures first -- and kid still needs to be a reasonably viable candidate.</p>
<p>As far as morally right or wrong, it's already being done. It's just that the OP's friend's dad has a poor sense of scale.</p>