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...

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