Participants sit with notebooks during a counseling session given by the University of Southern California (USC) at the United States-India Education Foundation (USIEF) in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

First Parent to Plead Guilty in College Admissions Scandal

(Bloomberg) -- The first guilty plea by a parent in the U.S. college admissions scandal is imminent, and two other parents said they were in talks with prosecutors.