Stanford Students File First Admissions-Scandal Class Action

Federal prosecutors charge dozens with paying bribes to get their kids into top colleges.Source: Bloomberg)
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The University of Southern California, Yale University, the University of California Los Angeles and other colleges were sued by two Stanford University students seeking class status over the admissions-bribery scandal that broke Tuesday with charges against 50 parents, coaches, proctors and others.

Erica Olson and Kalea Woods say they were denied a fair opportunity to gain legitimate admission to elite colleges, and that their Stanford degrees were devalued, by criminal racketeering charges leveled by federal prosecutors.