I don’t think these kinds of stereotypes are close to the truth. There are certainly families that do that level of support. They are probably a very small percentage of the school in any year, if at all. This doesn’t happen in what I’d call working class (people that need to work for a living, whatever that work be) private schools in the north east. Yeah maybe they do do some SAT prep – I don’t know. I am not even sure how many kids do SAT prep at school. Not most kids at the top of the class. They have no time. It is in fact embarrassing to admit that you are doing SAT prep if you are in the top 20% of the class. I can’t speak for Hollywood or some such place of extreme wealth and uneducated parents.
Here is an extreme example: David E. Shaw and the Ultimate College Hedge
Yes this guy is moving heaven and earth. But if things were that easy as you claim, he doesn’t have to move heaven and earth to make it happen. He can make it happen casually.
The price to directly pay a donation to a place like Harvard and have high confidence that your kid will get through, with you not having any ties to the university, I have heard is some unknown amount north of 25mm. Because I have heard that 5 years ago there was a Chinese billionaire that gave 25mm to Harvard and was disappointed by rejection for their kid. Went to Yale for 15mm.
At our school, I have seen examples of an exceptionally wealthy family (several hundred million) not manage to get their kid even into the research club at the school where a competent parent put in personal effort in preparing the application because the idea was not tenable – and the kid is pretty bright actually, although not top quintile of class. I was shocked that they were denied.
The idea that a college counselor can call a college and make it happen still works by the way, but only for a handful of the mid/low-ranked SLACs. The kid will still need to be within the parameters for the school, and the school trusts the counselors word that the kid is a good fit for them. That doesn’t work for any of the publics, and doesn’t work for all the high ranked privates like the T20.