Steve's Serendipities

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Just a reminder: the Guantanamo Bay detention camp is still open; capacity is 800. Hmmmmm...

Tuesday, December 05, 2017

Stanford's elite business school caught cheating by student

Apparently, "need-based" meant the need of the university...
Eathan Baron posted this story on "The Mercury News" website:
"In February, MBA student Adam Allcock discovered 14 terabytes of confidential student data from financial aid applications, according to a new report. Later that month, Allcock reported the breach to the school’s financial aid director, and the records were removed within an hour, the report said.

However, Allcock had dug deeply into the data, spending 1,500 hours analyzing the information and putting together an 88-page report, according to Poets&Quants, a website covering business school news.

Allcock’s conclusion? The Graduate School of Business had not been honest with students, in fact had been 'lying to their faces' for more than a decade.

Rather than being solely need-based, the fellowship grants were used to rank students according to their value to the school, Allcock determined."
posted by Steve @ 6:01 AM

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