Quote:
Originally Posted by dallasfan
What’s wrong with this. They have been doing this forever. Didn’t George bush get into Yale? You don’t think there was bribery there? Lol. Back then it was called donating to the college.
|
What I don't get is why the FBI is involved and why is this a high profile criminal case? Also how does USC have a yacht on the other side of the country?
Quote:
Originally Posted by Chung Tran
how do you think UT and A&M got such large endowments?
|
The Permanent University Fund endowment is oil money from the Permian Basin.
Giving endowments is a stupid way get one or two offspring into a given university. My parents have an endowment at a private university that funds two full scholarships. They also have building named in their honor. I never attended. I also had to pay for every penny of my education because it made me "a better person."
Dunno how it works now but back in the day it's cheaper just to bribe the appropriate individuals. And c'mon, it's USC.