Actress Lori Loughlin, husband plead guilty in Varsity Blues case
Lori Loughlin and her husband, Mossimo Giannulli, have agreed to plead guilty to conspiracy charges in connection with securing the fraudulent admission of their two children to the University of Southern California as purported athletic recruits, the U.S. Attorneys Office District of Massachusetts announced Thursday. Loughlin, 55, and Giannulli, 56, both of Los Angeles, Calif., will plead guilty before U.S. District Court Judge Nathaniel M. Gorton on a date to be specified by the Court. Loughlin will plead guilty to one count of conspiracy to commit wire and mail fraud, while Giannulli will plead guilty to one count of conspiracy to commit wire and mail fraud and honest services wire and mail fraud. Loughlin and Giannulli are the 23rd and 24th parents to plead guilty in the college admissions case. We will continue to pursue accountability for undermining the integrity of college admissions, said United States Attorney Andrew E. Lelling.
Lifetime's 'The College Admissions Scandal' earns passing grade
(CNN) - Described as a "ripped from the headlines" movie, Lifetime's "The College Admissions Scandal" is "inspired by" the Varsity Blues cheating and bribery story, which gets at the truth of the issues in occasionally heavy-handed but overall, kind of delicious fashion. Yet at its best, the movie effectively illustrates the cynical calculus that these parents made, as well as the rationalizations employed to justify their actions. Granted, those who tune in hoping for some tidbit about the most famous names caught up in the scandal -- actresses Felicity Huffman and Lori Loughlin among them -- won't find them here. "The College Admissions Scandal" is the kind of modest, quick-turnaround effort that won't win any prizes; still, in terms of shining a light on that part of the story, it scores a passing grade the old-fashioned way: By earning it. "The College Admissions Scandal" airs Oct. 12 at 8 p.m. on Lifetime.
How college financial aid scams impact low-income students: 'There's only so much to go around'
Their children then declare themselves financially independent, allowing them to qualify for need-based state, federal and university financial aid for which they would not otherwise be eligible. Students qualified for federal Pell Grants and state Pell Grants, known in Illinois as the Monetary Award Program (MAP). He stresses that while families may think they've identified a harmless hack, the practice has a direct impact on low-income students. Because federal and state Pell Grants are distributed on a first-come first-served basis, many low-income students don't receive the funds they qualify for. According to ProPublica, last year about 82,000 qualifying Illinois students did not get their $5,000 MAP grant for this reason.cnbc.com