Wall Street billionaire David Shaw gave big to seven of the most renowned universities in the country.

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The Big Story

Sat. Sep 28, 2019

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The Hedge Fund Billionaire’s Guide to Buying Your Kids a Better Shot at Not Just One Elite College, but Lots of Them

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Most tycoons give big to one or two universities as their children approach college age. David Shaw gave to seven.

by Ava Kofman and Daniel Golden

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How the Rich Really Play, “Who Wants To Be An Ivy Leaguer?”

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A ProPublica editor who investigated how the rich buy their children’s way into elite colleges reflects on the latest scandal—and remembers when affluent readers mistook his expose for a “how-to” guide.

by Daniel Golden

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Parents Are Giving Up Custody of Their Kids to Get Need-Based College Financial Aid

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First, parents turn over guardianship of their teenagers to a friend or relative. Then the student declares financial independence to qualify for tuition aid and scholarships.

by Jodi S. Cohen and Melissa Sanchez

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