How much is a college application essay worth? According to a new website, The Essay Exchange, as little as $7.50.
Barely three months old, the site is intended to revolutionize the college admission process, according to its founders, two Harvard Business School alumni.
The Essay Exchange asks current students and recent alumni of all eight Ivy League schools, Stanford University and the Massachusetts Institute of Technology to upload their application essays. Employing a variable pricing structure, the company then allows college applicants to buy the essays.
Essay packages range in price and size. An essay purchased in bulk costs $7.50, an individual essay runs $15, while the site charges $20 for the chance to buy all essays from a particular author. Students are paid two dollars every time their work is downloaded.
Prospective applicants can sort the essays by a variety of metrics, some of which include the author’s race, income level and high school GPA.
Read the full story at the Cornell Daily Sun.
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