Responding to the Elite College Admissions Scandal

By Steven Mintz. Yale, you'll recall, spent $500 million to house 800 students in its two new residential colleges, which adds up to $625,000 per student.  USC spent a whopping $700 million on its residential village, which houses 2,500 students.  That's inexpensive by Yale standards, at just $280,000 per student, in a neighborhood where the average annual income is just one-tenth that amount. More...