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Replies to: Feds uncover admissions test cheating plot
Yes you can get to work at Bain and make so much money your kids team gets 2mm bucks from dad.
More than one lesson here.
Prosecutors will recommend sentence of 4 to 10 months, plus probation and fine of 20k.
Conversely, I hope Lori Laughlin gets exactly what she deserves and I will definitely NOT be rooting for her to make a comeback, nor will I feel any sympathy for her when she does make her attempt.
And Massimo can forget about me ever buying his socks again at Target, should he try to ink a new deal with them.
So long as these universities (USC, Yale, ...) keep denying any responsibility in this affair, other people will continue monetizing "the school prestige".
Agreed. Time for these schools to separate athletic donations from legitimate charitable purposes.
Except all cash is fungible. The $1M I donate to sponsors Hanna's Varsity Handball team is $1M less than H has to spend out of general funds to support the Handball team, so they can spend $1M elsewhere.
However, if the handball team is over funded with donations restricted to it, the excess money cannot be used for other purposes.
Are you are suggesting that the Handball team is funded in perpetuity.....in which case, why would someone donate to it? (hint: they'd just go find another sport to support and obtain recognition.)
Yes, it can, if so defined in the contract. And the development rep would know how funded the pool already is.
Yes, these donations are generally funded in perpetuity. Some small % is lopped off annually, for the primary purpose. Percentage of growth, that is.
Endowing a sports head coaching position is just as legit as endowing a university professorship. It helps the department (whether the English Department or the Ice Hockey Department) be better and more successful by having more resources.
Yale, for example, recently has won NCAA championships in lacrosse and ice hockey. Both of those head coaching positions are endowed chairs. Since donors have taken on the funding of the HC position, there's more available team budget that can be used for travel, team development, equipment, asst coaches, facilities, recruiting activities, etc. The donors usually are wealthy team alumni who want their old squad to be successful.
An issue only arises if it turns out that the coach is selling roster spots in exchange for the team funding. And that, frankly, is really between the school and the coach. Assume that Yale gives the lax coach 5 admission tips.
Does Yale understand that those tips will SOLELY be used for getting the best players on the team? If so, then the coach breaches the understanding by swapping those tips for funding.
Or does Yale understand that the coach may use them in his discretion to overall benefit the lax program? And does Yale expect its head coaches to do fund-raising and provide some amount of self-support to their teams? If so, Yale might be OK if the coach uses his tips to increase fund-raising as well as increase the playing talent on the roster.
The most likely iffy scenario is not completely fake athletes a la USC rowing and Lori Loghlin. More likely would be a rich Yale lacrosse or hockey alum whose kid is a real player but not a stellar one. Where maybe the coach gets a big program donation and uses a tip for the non-stellar player.
Which is pretty much exactly what academic Yale itself does with its developmental program -- OK but not the greatest kids get admitted because of the parent donations.
Coaches are the highest paid employees of many universities. I do think if a booster endows a coaching slot and those general fund dollars can then be used for profs labs libraries or dorm improvements -awesome.