Wealthy parents are spending $750,000 on ultra-luxury college counseling to get their kids into Ivy League schools

Wealthy parents are spending $750,000 on ultra-luxury college counseling to get their kids into Ivy League schools, per Bloomberg.

Meanwhile,  A majority of Americans now think getting a college degree isn't worth it, a new WSJ poll has said.

56% of Americans think earning a four-year degree is a bad bet.

In 2013, 53% of Americans were bullish on college, and 40% weren’t. In 2017, 49% of Americans thought a four-year degree would lead to good jobs and higher earnings, compared with 47% who didn’t, per WSJ.

People over the age of 65 with faith in college declined to 44% from 56% in 2017. Confidence among women fell to 44% from 54%, according to the poll.

Per WSJ: