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

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

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

   

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

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.

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

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.

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