Of course I am aware this is done, and I respond in a similar fashion whenever a scheme like this comes up. Admissions folks can look pretty unethical too, in light of all the rhetoric about honoring “challenges” and diversity of backgrounds- and continuing legacy, Z list and so on. The financial reality of keeping wealthy alumni/ae and donors happy continues. But doesn’t apply to this case.
I wonder how it really feels to get in based on connections, if this kind of plan were to work. I think it would ultimately feel a lot better to go to a different school and know that you got in on your own accomplishments and character.
The root of this is the idea that getting into an Ivy is crucially important. It isn’t. No doubt the culture around this student prioritizes prestige, and that is not uncommon at all.