It is very clear from the handwriting that Jackie Kennedy did not write JFK Jr.'s college application (following the link in #75). She did fill out a freshman interest type form for him–but that is a form that is submitted after a student has been admitted, and I think used mainly to arrange for compatible roommates. JFK Jr. was traveling in the time frame that the form had to be submitted, and this was in the “olden days” pre email and pre Federal Express. I think is important to keep the record straight on this. Not debating–just presenting an important fact, since neither Jackie Kennedy nor JFK Jr. is around to defend against this false accusation.
Oh–thanks, skieurope #76. Your post was one page forward from the accusation, so I did not read it until I had posted this. You are quite right in #76.
I would also like to know which other colleges & universities admitted her. If only Dartmouth, then serious concerns arise; but if admitted to several most selective schools, then those concerns are lessened.
The Ivy Coach set up the payment arrangements so knew there was a possibility of not being paid the balance if the girl was accepted EA/ED since the bulk of Ivy Coach’s work was done when the applications were filed in the fall. It’s a risky way to do business. They could have put the money into an escrow with the terms of release. Ivy Coach can sue, but it might be hard to collect only from foreign accounts.
However, high graduation rates are likely due to strong incoming students. If they dipped too far down for development admits, the weaker development admits may have a harder time graduating (though with family money, they may just take 5-6 years to graduate after light course loads and repeated courses).
It is a bit odd that this student transferred from Lawrenceville to Solebury, but we don’t know enough details to understand why.
Also, the installments are odd in that they go all the way until Dec. 2018, way past the time of the services being conducted. As someone in the business, I can’t imagine setting payment due dates so way after the fact.
Someone wondered where else the student was admitted, but it appears she was admitted ED to Dartmouth and thus would have to pull all her other applications.
The shocking part for me is the amount of the consulting fee, the highest I have ever heard of for a college consultant, and particularly for just junior and senior years.
Was just chatting with someone about the very same thing, @soozievt. Makes no sense to have a payment due months after a kid matriculates to college. Typically payments are due, even if on installments, as services are provided. If the payments stop, so do the services. So, once the kid is admitted (and in this case ED) payments should be finalized (unless there is some ongoing scholarship help, which in this case is moot).
I believe it was stated that the family engaged the consultant’s services for boarding school admission and for college admission. Typically, such services do not include transfer admissions, which would likely tack on another package of services. I’m just saying that being in this industry, it is unusual that payment installments extended past senior year.
Also, this package of services clearly stated that it was regardless of the admissions outcome…no guarantees of admission (or “success”).
And yes, a contract is a contract, and so the family should pay (unless there is information we are not aware of).
I agree with Soozeievt. The IEC contracts are usually pretty similar. And they make NO guarantees. And as I linked earlier, their payment page has the standard language that says additional services can be purchased later. It would be highly unusual to assume a bad outcome (though with that ridiculous reach list maybe not ) and delay the last big payment until December of ‘18 (assuming a fall 18 enrollment).
@publisher- it would be HIGHLY unusual if an IEC made the satisfaction with the acceptances or placement as part of the contract. Have you read the paragraph on their payment page?
“Typically, such services do not include transfer admissions, which would likely tack on another package of services. I’m just saying that being in this industry, it is unusual that payment installments extended past senior year.”
This isn’t typical. Obviously. Since the fee is in 7 figures.
Seems like the $500k (if it was ever going to get paid) was intended to be a success fee, rather than a simple fee for services rendered.
You might pay that once the kid is solidly ensconced at Dartmouth. But you’re probably not going to pay that if the kid winds up at Whatev U.
Also, the coach might have been trying to spread their income out over an extra taxable year.
Please enlighten me of the $3 million case as I can’t find it. It feels a bit condescending to imply that “readers of this website should know.” Since you were replying to my post, and I have been on CC for 16 years, I must be pretty dumb. However, I don’t read every forum, thread, or post on CC!
There is the Chow case, but that was $2.2 million and for TWO kids, not one.
Some super ultra pricey consultants have very high fees, but it is for all four years of high school. This consultant started with this family, based on what I’ve read, partway into junior year. Gotta compare apples to apples.
If the kid winds up at Northern Oklahoma Aggie Tech U, the coach isn’t going to expect to get the last payment. And isn’t likely to sue to try to collect. Regardless of what the papers say.
But if the kid gets into Dartmouth ED, I’ll see you in court.
Contracts don’t self-enforce and don’t self-collect.
) and delay the last big payment until December of ‘18 (assuming a fall 18 enrollment).