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Lawsuits seek $500B over college admissions scandal

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Two lawsuits filed yesterday seek more than $500 billion in damages from top U.S. universities.

The suits follow news that Hollywood actresses and business leaders spent millions of dollars in a complex scheme to get their children accepted into prestigious schools.

“Unqualified students found their way into the admissions rolls of highly selective universities, while those students who played by the rules and did not have college-bribing parents were denied admission,” one suit reads, naming Yale University, the University of Southern California, Georgetown University and others.

Rick Singer and Edge College & Career Network also have been named in court proceedings. Singer previously pleaded guilty to running a scheme involving myriad illegal activities, including bribes to coaches and hiring people to take tests for students.

Read more from Fox Business.


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