Wealthy parents spending $750k to get kids into Harvard, Yale

Wealthy parents spending $750k to get kids into Harvard, Yale
The coat of arms of Harvard, one of the eight private universities that make up the Ivy League. (Image: Depositphotos)
Bloomberg
By Francesca Maglione and Paulina Cachero Sooner or later, every parent asks Christopher Rim the same question: What will it take to get my kid into Harvard or Yale?His answer: US$750,000 (NZ$1.26 million).That’s Rim’s going rate for advice on landing a coveted spot in the Ivy League for students who want to start preparing in the 7th grade (ages 12-13) for university. The price is more than twice what it can cost to actually attend one of those eight elite schools.  But, for those who can pay, Rim and his team at New York...

More Bloomberg

Firm wants to make purchasing cannabis super easy
Retail

Firm wants to make purchasing cannabis super easy

Verano invites shoppers to grab a basket and get their pot direct off the shelf.

Bloomberg 29 Jun 2025
Iran-Israel conflict spreads to hacks on banks, crypto
Bloomberg

Iran-Israel conflict spreads to hacks on banks, crypto

Pro-Israel hackers announced a new breach targeting an Iranian crypto exchange.

Bloomberg 19 Jun 2025
Here are the 10 best hotels in the world
The Life

Here are the 10 best hotels in the world

Its top 10 list consists entirely of tied scores for the top prize.

Bloomberg 15 Jun 2025
Afghan refugees should be treated same as South Africans
Bloomberg Opinion

Afghan refugees should be treated same as South Africans

The greater outrage is the suspension of a refugee programme that is so badly needed.

Bloomberg 17 May 2025