Wealth still looms after admissions scandal
The Varsity Blues case left wealth and privilege central to U S college admissions. Four years after Rick Singer’s sentencing, major changes appear limited as universities adopt minor reforms while elites retain influence. Critics warn legacy preferences and donor ties persist despite higher scrutiny and policy reviews at USC Yale and Trinity College.
MENTIONED IN THIS ARTICLE
Varsity Blues
Julie Park
University of Maryland
Trinity
Pérez
NACAC
National Association of
Rick Singer
FBI
Massachusetts
U.S
Rachael Rollins
Relief for student borrowers expands eligibility plan
The Education Department released a proposed rule to simplify and broaden income driven repayment eligibility likely cutting future borrowers total payments by 40 percent on average and halving payments for Black, Latino, American Indian and Alaska Native borrowers. The plan targets new borrowers and aims to reduce lifetime payments per dollar borrowed for lower income earners while the top 30 percent save less. Critics warn the measure could fuel more borrowing and higher college costs. Parents and graduate loans are excluded, drawing concern from advocates. The department will seek public comments before finalizing later this year and also works on rules to guide students to low debt colleges and programs. The modified Revised Pay as You Earn would become the main plan, phasing out other programs.
MENTIONED IN THIS ARTICLE
Biden
U.S. Department of Education
Maya Macguineas
Committee
Persis Yu
Education Department
Fidelity pledges 250 million to aid 50 thousand minority students
Fidelity Investments launches the Invest in My Education program pledging 250 million to scholarship and mentorship for up to 50,000 underserved minority students over five years. The effort partners with UNCF and NNCE to reduce debt and boost college completion through targeted support and volunteer mentors.
Also Mentioned on This Page
University of Southern California
Lori Loughlin
Massimo Giannulli
Felicity Huffman
USC
Mul
Tiple
Office of Athletics
Yale University
Yale
Logan Roberts
Ivy League
New York
Roberts
Angel Pérez
Trinity College
Connecticut
America
Mark Sklarow
Independent Educational Consultants Association
Park
Jon Healey
Los Angeles Times
Glenn Gamboa
Associated Press
Fidelity Investments
Pamela Everhart
Fidelity
Everhart
Fidelity Research
NNCE
Michael Lomax
UNCF
Rodney Dangerfield
Lomax
Drew Ve’e
University of Utah
Opportunity
Ve’e
Southwestern Oklahoma State University
U.S. Supreme Court
Department
National Guard
High Court
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