<p>If a single Harvard acceptance was to be put up for auction, what do you think the selling price would be? Apparently there are developmental admits tied to donations on the order of 8 figures, but along with these substantial donations comes a certain amount of pride and possibly even altruism - so the pure market price of an admission would almost certainly be less. </p>
<p>I'm going to speculate that a single H admission at auction would bring between 500K and 1m. Thoughts?</p>
<p>^ LOL</p>
<p>You can’t compare it with monetary values.</p>
<p>It is PRICELESS FOR ME.</p>
<p>Depends on the conditions.</p>
<p>If the admission was conditional upon the buyer double-majoring in philosophy and anthropology, maintaining a perfect GPA, obtaining a subsequent PhD in philosophy, and going on to work as a high-school teacher at an inner-city public school, it would probably go for around $5.</p>
<p>But are there such conditions?</p>
<p>NO…</p>
<p>That’s the benefit of Harvard degree. It gives you freedom.</p>
<p>A single Harvard education up for grabs, auctioned with no conditions?</p>
<p>There are people who would pay WELL over 10 million for that. I would guess possibly even 100 million.</p>
<p>100 million??? rofl, people, you’re crazy.</p>
<p>Nobody that rich can have an inferiority complex that big.</p>
<p>^ You are wrong.</p>
<p>I imagine there would be a number of cc members who would put up a couple hundred grand for it.</p>
<p>a hundred and fifty taka</p>
<p>Is the price of this acceptance IN ADDITION TO to the cost of attending?</p>
<p>I was assuming not…</p>
<p>^ or wait, I assumed it was not included.</p>
<p>Yes, that was the point I was trying to make. The people who overestimate the worth of a Harvard degree tend to be the people who can’t actually pay the billions of lollars they claim it’s worth. A person with obscene moneys to burn is much more likely to spend them on other things.</p>
<p>In other words, if you live in a poor area/country, your family makes a lot of sacrifices for your education, and you see Harvard as your only ticket to success, then yes, you’d think it’s the most precious thing in the world. If you’re already successful, know a lot of people who’re equally successful, and are wondering what to spend your money on, a Harvard degree wouldn’t normally be your first choice.</p>
<p>I’d say 10 mill is a good guess. I’m not saying it’s worth that much, but that’s probably pretty close to the market value. interesting question</p>
<p>Just to clarify the scenario, it is a single offer of acceptance - the winning bidder would still have to pay the tuition and do the work.</p>
<p>My thought is that, right or wrong, there are people to whom admission to Harvard is the be all, end all. Perhaps an oil Sheik or Hong Kong billionaire would bid it well into the millions.</p>
<p>It will be the student’s parents who will put up the money.</p>
<p>Therefore, the maximum bid one’s parents are willing to make will be a function of the parents relationship with the child. A headache child may fetch parrent’s willing bid of only a few dollars; where as a warm and well behaving child will have the parent’s bid as high as one can afford. LOL.</p>
<p>Harvard should auction off the last ten spots - more full rides for a bunch of people hahaha.</p>
<p>In an AUCTION, that is the key word. All an auction needs is 2 very rich people in the world to really want their kid to go to Harvard.</p>
<p>There are about a thousand billionaires.</p>
<p>100 mill is not too far off the mark, certainly more than 10.</p>
<p>10M is enough for a developmental admit, and that comes with the added bonus of having something or other named after you at Harvard. For just a pure acceptance, I’d guess around $1 million.</p>
<p>Jersey -</p>
<p>I was actually thinking just the opposite. Some people will spend $10 million but it’s still not a guarantee, so they would pay more. But I could be wrong. It wouldn’t surprise me that if someone donates $10 mill to Harvard or Penn they meet with the dean and get a special wink or something, lol. I doubt that they would flat out tell them…“Ok, he’s in. Don’t tell anyone I told you. Oh, uh, the dinner tab is on you right? :D.”</p>