Rich Parents Giving Up Custody To Get Their Kids Into College

At this point, all we know about the rich and/or famous getting their kids into a specific college is by traditional means or, in the case of Lori Loughlin and Felicity Huffman, bribing their way in.  There is one other similar way which involves paying for a new building or something.  At any rate, the cat's out of the bag on the whole bribery scandal.  So what are these rich and/or famous people supposed to do now?

According to a report on jeffcrilley@realnewspr.com, dozens of suburban Chicago families and possibly many more there and around the country have found a loophole to win their children need-based college financial aid and scholarships they would not otherwise receive.  Parents are giving up custody of their children during their junior or senior year to someone else like a friend or relative.  The guardianship status then allows the students to declare themselves independent of their families so they can qualify for federal, state and university aid.  Plus it puts them in a category that might help them get into a specific school where money wasn't the issue as in the case of Loughlin and and Huffman.  Get more of the story by clicking HERE.