College-entrance Bribery Scheme. The Failed American Education System

USC admission is $70M. How about Harvard?

But it’s possible that his daughter is qualified on her own with a good education and good extracurricular. The $70M donation was in 2013, that’s 6 years ago and it has seasoned

It was a modest house by this town’s standards, a center-entrance colonial, three bedrooms and a two-car garage on a quarter-acre lot. The inside hadn’t welcomed a renovator in many, many years, and the outside didn’t wear its age particularly well.

Its owner: Peter Brand, Harvard University’s legendary fencing coach. Its assessed value: $549,300.

So when the house sold to a wealthy Maryland businessman for close to a million dollars in May 2016, the town’s top assessor was so dumbfounded that he wrote the following in his notes: “Makes no sense.”

The buyer, it turns out, was the father of a high school junior who was actively looking at applying to Harvard with an eye toward being on the fencing team.

Soon enough, Jie Zhao’s younger son would gain admission and join the team. And Zhao, who never lived a day in the Needham house, would sell it 17 months after he bought it for a $324,500 loss.

3 Likes

And now, some humor:

1 Like