Forget Bribery. The Real Scam Is Pretending That Degrees Have Value.
University students. (Photographer: Ko Sasaki/Bloomberg)

Forget Bribery. The Real Scam Is Pretending That Degrees Have Value.

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(Bloomberg Opinion) -- As any remaining illusion of a college meritocracy swirls down the drain, there remains one school where students are still admitted based on unadulterated academic aptitude:...
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