How Wealthy Kids Tour Ten Colleges In Five Days

How Wealthy Kids Tour Ten Colleges In Five Days

August 20, 2019 100 By Stanley Isaacs


IN A JARRING CASE OF INCOME INEQUALITY, THERE ARE CERTAIN
SITUATIONS WHERE RICH KIDS LIVING A VERY LAVISH LIFESTYLE
GETS INTO HER COLLEGE CAMPUSES ON VERY NICE JETS WHILE THE REST
OF COLLEGE STUDENTS DEAL WITH CRIPPLING STUDENT LOAN DEBT
WHICH HAS NOW TOTALED $1.4 TRILLION IN THE US. THERE IS A
COMPANY KNOWN AS MAGELLAN AND WHAT THEY ESSENTIALLY TRY TO DO
IS MAKE THE COLLEGE TOURING PROCESS EASIER FOR WEALTHY
STUDENTS. IN FACT, MAGELLAN TAKES CARE OF DETAILS SUCH AS
SETTING OFFICIAL TRAVEL ROUTE, ARRANGING PRIVATE CAMPUS TOURS
AND ORCHESTRATING GROUND TRANSPORTATION. BASE PRICE IS
JUST SPECIFIC: 10 HOURS OF AIRTIME ON A LIGHT SIZE, SEVEN
CEDAR HAWKER 400 XP STARTS AT $52,000, WHILE THE SAME PACKAGE
ON AN AFFIRMATION SUPERSIZE GULFSTREAM G 200,
WHICH CAN SEAT UP TO 18, COSTS UPWARDS OF $100,000. AND THAT IS NOT WORTH IT. KEEP IN MIND THAT THOSE
PRICES FAR EXCEED A YEAR WORTH OF TUITION AT THE VAST MAJORITY
OF COLLEGE CAMPUSES. THEY ARE LITERALLY PAYING THIS MASSIVE
AMOUNT OF MONEY JUST TO GO FOR ONE COLLEGE CAMPUS TO ANOTHER TO
HAVE THEIR INTERVIEWS, TO TOUR THE CAMPUS AND FIGURE OUT THIS
IS WHERE THEY WANT TO GO. LEMMIE GIVE YOU MORE DETAILS ON
THIS AND THEN ONCE WE DIG DEEPER, YOU WILL UNDERSTAND WHY
THIS IS FAR WORSE THAN JUST SAYING WEALTHY STUDENTS HAVE A
GOOD AND MIDDLE-CLASS STUDENTS HAVE A BAD. UNLESS YOU ARE
FLYING PIE EVERETT PRIVATE ACCORDING TO JOSEPH SANSONE WHO
WORKS THERE. THERE IS NO WAY TO SEE 10 SCHOOLS OVER THE COURSE
OF FIVE DAYS. IS IT COST-EFFECTIVE? ABSOLUTELY NOT
BUT FOR PEOPLE WITH BUSY SCHEDULES WHO CAN’T TAKE A WEEK
OR TWO OFF OF WORK, IT MEANS DOLLARS AND CENTS AT THE END OF
THE DAY. THE BIGGEST PROBLEM HERE IS NOT JUST THAT RICH KIDS
GET TO LIVE A BETTER LIFE, IS THAT WHEN YOU USE A SERVICE LIKE
MAGELLAN, IT SENDS A PRETTY STRONG MESSAGE TO ADMINISTRATORS
AND OFFICIALS AT VARIOUS COLLEGE CAMPUSES AND RIGHT NOW, THERE IS
A CONCERTED EFFORT TO REACH OUT TO WEALTHIER STUDENTS AND TRY TO
RECRUIT THEM, WERE THEM INTO THE CAMPUS BECAUSE YOU KNOW IF YOU
ACCEPT THEM, THEIR PARENTS ARE LIKELY TO MAKE MASSIVE DONATIONS
TO YOUR INSTITUTION OR THE STUDENT WILL GRADUATE AND BECOME
PART OF THE ALUMNI ASSOCIATION AND DONATE MONEY TO THE
INSTITUTION OR HE OR SHE WILL ALSO DONATE LARGE SUMS OF MONEY
TO THE COLLEGE IN ORDER TO HAVE THEIR NAME WRITTEN ON A
BUILDING. A MEANS MONEY. WEALTHY STUDENTS MEAN MONEY AND
SO OFTEN TIMES ADMISSIONS WILL FAVOR A WEALTHY STUDENT OVER A
POOR STUDENT WHO IS GOING TO NEED FINANCIAL AID BECAUSE THAT
POOR STUDENT IS NOT GOING TO PAY THE FULL TUITION, IS NOT GOING
TO MAKE A MASSIVE DONATION IN MOST CASES. EVEN IF THE POOR
STUDENT HAS A BETTER GPA, BETTER TEST SCORES, AND HIS OVERALL
BETTER STUDENT FOR THE CAMPUS, THE ADMISSIONS DEPARTMENT WILL
CHOOSE THE RICH STUDENT INSTEAD. NOT ONLY IS THERE INEQUALITY
WHEN IT COMES TO THE TUITION SITUATION, THERE IS ALSO
INEQUALITY WHEN IT COMES TO ADMISSIONS AND IT IS BECOMING
MORE DIFFICULT FOR POTENTIAL COLLEGE STUDENTS TO GET ACCEPTED
INTO BIG-NAME IVY LEAGUE SCHOOLS. UNLIKE THE GROUND FLOOR OF
THIS, IT MAKES SENSE. THE FAMILY HAS THE MONEY AND THEY
COULD DO IT IF THEY WANT TYPE YOUR FINISHED SPENDING HUNDRED
THOUSANDS OF DOLLARS, IF YOU CAN DO THAT, I GUESS YOU CAN DO THAT
DIVE YOU CAN DO THAT, THEN YOU DON’T JUST HAVE HUNDREDS OF
THOUSANDS OF DOLLARS, YOU HAVE TENS OF MILLIONS OF DOLLARS. FOR THE SCHOOL THEY WANT THEIR DONATIONS AND ALL THAT. IF YOU
WANT TO DEMONSTRATE TO THE SCHOOL HOW MUCH MONEY YOU HAVE,
SCREW THE PLANES JUST SAY I’M GOING TO VISIT AND I JUST
SPONSORED FOUR OF YOUR STUDENTS FOR ALL OF THEIR
TUITION FOR THE ENTIRE TIME THAT THEY ARE THE COLLEGE. DEMONSTRATE THAT WAY BY DOING A
GOOD THING FOR THE WORLD RATHER THAN JUST BURNING IT UP
INTO THE ATMOSPHERE AND MAKING SOME CLOUDS DIRTY. LEGS DISCUSS COLLEGE CAMPUSES
FOR A SECOND BECAUSE A LOT OF PEOPLE ASK WHY TUITION IS SO
EXPENSIVE AND THERE IS NO ONE ANSWER. THERE ARE MANY
DIFFERENT FACTORS BUT ONE OF THE MAIN REASONS THAT DOESN’T GET
TALKED ABOUT ENOUGH IS THAT MUCH LIFE THE US AND RUSSIA HAVING AN
ARMS RACE, COLLEGE CAMPUSES HAVE A BUILDINGS RACE WHERE IT IS
LIKE OKAY, WHICH COLLEGE CAMPUS HAS THE BEST BUILDINGS. WE JUST
BILL THIS BUILDING, NOW WE HAVE TO BUILD ANOTHER ONE. WE HAVE
BRAND-NEW STATE-OF-THE-ART TECHNOLOGY BUT WE WANT MORE. WHAT THEY DO IS THEY TRIED TO PLAY THIS GAME TO SEE WHICH
COLLEGE IS THE BEST, WHICH RANKS THE BEST OR THE HIGHEST ON THE
US NEWS AND WORLD REPORT LIST OR WHATEVER IT IS.
1ST OF ALL, WHO READS THAT? A LOT OF THEM DO AND IT IS
WORTHLESS DIET DOES NOT MEAN ANYTHING. THAT IS THE REASON WHY
IT IS SO EXPENSIVE. THAT IS THE REASON WHY THEY
FAVOR THE WEALTHY STUDENTS OVER THE POOR STUDENTS BECAUSE
THEY WANT THE MONEY TO BUILD MORE BUILDINGS. I DON’T UNDERSTAND I AM NOT
RICH. I DON’T UNDERSTAND THE WAY THAT THEY THINK. EVEN IF
YOU START TO BREAK DOWN WHY IT MAKES FINANCIAL SENSE FOR THEM
TO DO THIS, MY REACTION A NON-RATIONAL REACTION IS THAT I
WANT TO DEDICATE AS MUCH TIME AS IT TAKES TO CARVE A
MOUNTAIN INTO A BIG MIDDLE FINGER AS THEY FLY BY. I WANT THEM TO SEE IT. I DON’T UNDERSTAND WASTING
HUNDREDS OF THOUSANDS OF DOLLARS JUST TO FEEL COOL. I AM IN AN 18 SEATER PLANE. BEING ON A PLANE SUCKS IT
DOESN’T MATTER HOW NICE IT IS. IT SUCKS TO FLY. BY AN EXOTIC CAR AND WHEN YOU
GET TO THE PLACE, LIGHT IT ON FIRE IF YOU WANT TO LOOK
COOL AND FEEL COOL AND SPENT HUNDREDS OF THOUSANDS
OF DOLLARS. JUST DUMP IT IN UPON AND BE LIKE
I AM HERE. THAT IS COOL. BEING IN A PLANE FOR A COUPLE OF
HOURS IN THE NEW GET OFF THE PLANE AND YOU ARE A SMOKE
NOT ON A PLANE ANYMORE. WHAT IS COOL ABOUT THAT? I THINK THERE IS THE COOL
FACTOR THAT YOU ARE TALKING ABOUT THAT APPEALS TO THEM, BUT
THERE IS MORE TO IT THAN THAT. THERE IS A LUXURY ASIDE FROM THE
PLANE THAT THEY GET THAT NO ONE ELSE GETS. I GET LUXURIOUS SPIRIT. IT’S NOT ABOUT THE MATERIAL
COMPONENT OF IT, IT IS ABOUT THE OPPORTUNITIES THAT ABIDES YOU. IT BUYS YOU THE OPPORTUNITY OF GETTING INTO THESE COLLEGES
EASIER BUT MORE IMPORTANTLY WHAT IT DOES IS IT ALLOWS PEOPLE TO
TOUR THE BEST COLLEGES AND THEN MAKE A DECISION AS TO WHICH WHEN
THEY WANT TO GO TO. I TOOK A ROAD TRIP. I TOURED
COLLEGES. I AM GOING TO SOUND LIKE
BITTER MAN RIGHT NOW BUT I ENDED UP GOING TO A COLLEGE THAT WAS
GRAY AND I LOVE WHAT I’M DOING AND I THINK IT ALL WORKED OUT
FOR ME. I DIDN’T HAVE THE LUXURY OF EVEN CONSIDERING AN
OUT-OF-STATE COLLEGE BECAUSE OF THE COST. I HAD TO STAY LOCAL
BECAUSE I KNEW I NEEDED TO LIVE IN MY PARENTS DIED IN ONE A LIVE
ON CAMPUS AND INCUR EXTRA COSTS SO YES. I LITERALLY APPLIED TO
TO COLLEGES. BOTH OF THEM WERE LOCAL. US C
AND CAL STATE NORTHRIDGE. NORMALLY YOU JUST EXPECT, AT
MY STATE YOU’RE GOING TO YUKON. MAYBE WESTERN OR SOMETHING. YOU
JUST DON’T EVEN THINK ABOUT IT. MAYBE THIS IS FOR DEVILS
ADVOCATE ON IT BECAUSE IF YOU ARE NOT WELL-VERSED IN EXACTLY
HOW IT’S GOING TO GO WHICH YOU ASK PLANE MANY ASPECTS OF IT PER
WELL, BUT THIS IS PART OF THE BENEFIT AND ALSO ALL OF THAT IS
TRUE ABOUT HAVING A BETTER CHANCE TO GET IN AND THE LEGACY
FACTOR IN ALL OF THAT, THAT ALREADY EXIST. RICH KIDS THEY
KNOW THEM EVEN IF THEY DROVE THERE AND THEIR AUDI RATHER THAN
FLU ON THEIR GULF STREAM. THEY KNOW THE RICH KIDS. THEY
ALREADY HAVE A HIERARCHY. JUST THAT YOU HAVE THAT
FACTOR, IT IS ALREADY THERE. I AM FINDING IT A LITTLE HARDER TO
BE UPSET OUTSIDE OF BEING JEALOUS AND I’M NOT SAYING THAT
THAT IS WHAT YOU GUYS ARE DOING ñ. THAT IS WHAT I AM DOING. IT IS AN AUTOMATIC REACTION
BECAUSE THE REASON JEALOUSY EXISTS IS IF YOU ARE IN A
POSITION YOU WOULD DO IT TOO. KNOW I WOULD DO IT I WOULD
SAY CHOOSE FIVE KIDS I’M PAYING FOR THEIR TUITION FOR FOUR
YEARS. IF YOU WANT TO SHOW THAT YOU HAVE MONEY TO THROW AROUND
WHY WOULDN’T YOU DO THAT. WE HAVE A CERTAIN LEVEL OF
OPPORTUNITY, WE LIVE IN LA FIRST OF ALL AND I’M NOT HER
RESTAURANT PERSON AND A PERSON SAYS I’M GOING TO THE FINEST
RESTAURANT AND SPENT $500, YOU WOULD DO IT, RIGHT? THAT IS YOUR
EXTRAVAGANCE THAT THAT IS WHAT YOU ENJOY. IF YOU SAY IT’S MY ANNIVERSARY
I’M IN A PAPER HUNDRED PEOPLE TO EAT THAT YOU COULD DO
THAT BUT YOU ARE NOT GOING TO. HIM HE CLARIFIED THAT IF I
WERE WEALTHY WHAT I TAKE ADVANTAGE OF THESE
OPPORTUNITIES? OF COURSE I WOULD. I’M NOT ANGRY AT WEALTHY
PEOPLE LIVING IN A WEALTHY LIFESTYLE. I FEEL LIKE IT IS
YOUR OBLIGATION TO ENJOY THAT MONEY IF YOU HAVE IT BUT THERE
ARE TWO ISSUES THAT BOTHER ME AND IT DOESN’T REALLY HAVE TO DO
WITH JEALOUSY. UTTERLY FILLED JEALOUS THAT I DON’T CARE ABOUT
JETS, WHAT I DO CARE ABOUT PEOPLE OPPORTUNITY AND RIGHT NOW
BECAUSE OF INCOME INEQUALITY WE HAVE A VERY TINY GROUP OF PEOPLE
BEING ABLE TO TRAVEL FROM ONE COLLEGE TO ANOTHER ON A JET AND
THEN WE HAVE THE VAST MAJORITY OF STUDENTS EITHER DECIDING NOT
TO GO TO COLLEGE ALTOGETHER BECAUSE IT IS SO EXPENSIVE AND
THEY ARE WORRIED ABOUT HAVING $100,000 IN STUDENT LOAN DEBT
FOR A FOUR-YEAR DEGREE OR GOING THROUGH WITH IT AND HAVING
$100,000 IN STUDENT LOAN DEBT TO GET A DEGREE. BY THE WAY, THE
AVERAGE AMOUNT THAT A COLLEGE GRADUATE HAS IN STUDENT LOAN
DEBT IS ABOUT $26,600 BUT THAT NUMBER IS RAPIDLY INCREASING AS
TUITION CONTINUES TO INCREASE AND WAGES DO NOT KEEP UP WITH
INFLATION. IT IS A NIGHTMARE ALL AROUND AND THEN THE SECOND
PART THAT BOTHERS ME IS THAT A STUDENT THAT MIGHT BE BORN INTO
AN UNDERPRIVILEGED LOW SOCIOECONOMIC STATUS NOW DOESN’T
HAVE THAT GREAT EQUALIZER OF EDUCATION TO PULL THEMSELVES
OUT. THEY DON’T HAVE THE SAME LEVEL OF UPWARD MOBILITY THAT
GENERATIONS BEFORE US HAD AND SO THAT’S WHAT REALLY BOTHERS ME
THAT RICH PEOPLE LIVING LIKE RICH PEOPLE IS AS AMERICAN AS
APPLE PIE. PIE IS LOW CLASS. IT’S MORE LIKE HOTDOGS. HOTDOG PIE. ALL THAT IS FINE AND I ALWAYS
WONDER IF IT’S A JEALOUS THING VERSUS THAT BECAUSE THE PROBLEM
IS WHAT HER SYSTEM IS NOW CREATED THAT WE ASSUME A LOT OF
THESE RICH PEOPLE HAVE THIS LIFESTYLE AND THEN HAVE PROBABLY
GOTTEN THERE IN A WAY TO SCREWED UP OTHER PEOPLE BECAUSE THAT IS
JUST THE WAY HER SYSTEM WORKS. THERE HAS TO BE WHOLE CHANGE IN
SOCIETY AND HOW DO WE DO THAT? I WOULD LOVE TO DO THAT. YET TO
WORK EVEN HARDER. IF YOU WERE COMING FROM A PLACE WE DON’T
HAVE ANY MONEY OR OPPORTUNITY OR KNOWLEDGE OR GIVEN INFORMATION
OF HOW TO DO A RIGHT YOU SAY OH THIS WILL BE FIND OUT YOU SPEND
ALL THIS MONEY LIKE I DID AND YOU HAVE NONE OF IT AND YOU ARE
STILL PAYING OFF STUDENT AFTER 14 YEARS. IT IS CRAZY BUT
HONESTLY, KNOWLEDGE AND OPPORTUNITY HAS TO BE GIVEN AND
HOW TO DO IT CORRECTLY. YOU CAN GO TO LOWER LEVER SCHOOLS THAT
ARE NOT IVY LEAGUE BUT STILL AWESOME. I HAD NO INTENTION OF
GOING TO IVY LEAGUE SCHOOLS. WE’RE TOLD THAT SO MUCH. AS LONG AS YOUR GIVEN
INFORMATION YOU COULD MAYBE DO IT THE RIGHT WAY AND THEN
IT’S MORE OF AN EQUALIZER. BUT THE SYSTEM HAS TO CHANGE. ONE OF MY DREAMS IS TO CREATE
CURRICULUM FOR HIGH SCHOOL STUDENTS LIKE SENIORS OR JUNIORS
SO THEY UNDERSTAND WHAT THEY’RE GETTING THEMSELVES INTO WHEN IT
COMES TO COLLEGE BECAUSE I JUST REMEMBER HAVING A COUNSELOR IN
HIGH SCHOOL WHO IS AN AWESOME COUNSELOR, ALL-AROUND GREAT GUY
THAT HE WAS GIVING ADVICE BASED ON WHAT HE EXPERIENCED WHEN HE
WENT TO COLLEGE AND SO WHEN HE KNEW I WAS ONLY APPLYING TO
LOCAL SCHOOLS HE WAS LIKE WHAT ARE YOU DOING? YET TO LIVE ON
CAMPUS AND GET THE COLLEGE EXPERIENCE BUT THAT COLLEGE
EXPERIENCE IS A PRIVILEGE AT THIS POINT AND I KNEW THAT I
COULDN’T PAY FOR THAT, MY PARENTS CAN PAY FOR THAT AND SO
I ENDED UP GOING TO A STATE SCHOOL AND I AM FINE. YOU ARE
GOING TO BE FINE IF YOU GO TO A STATE SCHOOL.