This is the amount of money rich families spend to get their kids into college [CNBC]
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Source: CNBC
This is how much money rich families spend to get kids into college This is the amount of money rich families spend to get their kids into college Published 2 hours ago Updated 21 min ago Eric Rosenbaum @erprose Key Points Timothy A. Clary | AFP | GettyImages The recent celebrity college admissions cheating scandal meted out its first criminal sentence this week Just how far and how wide do these tactics extend throughout the corridors of affluence in America? There is good and bad news from a new CNBC survey of America's millionaire population. Many wealthy Americans remain sane when it comes to helping their kids get into a good university or college, spending relatively small sums of money on the effort. But the signs of privilege in accessing elite educational opportunities are reflected in the results. On average, American millionaires — those with at least $1 million of investable assets — spent less than $1,000 to increase their child's college entrance odds. The most common
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