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It's not exactly a "scam," but it's like the Who's Who Among American HS Students -- there is no honor or prestige whatsoever attached. None. If these two organizations were scams they'd be shut down for not giving out the token scholarships, etc. so "scam" isn't the word. It's just a way to make money based on appealing to the ego.
The real honor society is Phi Beta Kappa.
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