« on: June 03, 2008, 03:21:23 PM »
Teacher's post about Penn hate being due to the wish to protect UChicago is completely incorrect. Penn definitely got hate even prior to the tie with Chicago in the rankings. The reason why Penn gets so much flack is that they pay much more attention than their peer schools do to whether or not applicants seem genuinely interested in attending their school. This is, to be fair, a perfectly legitimate way of building a particular community. But it comes off to a large extent as them trying to game the rankings system by increasing their yield. People who would have gotten in if it were just about numbers frequently get waitlisted because their applications didn't show much interest in attending Penn. Hence the hate.
It's because of *&^% like this:
Reed Shuldiner, when he was an associate dean in the law school at penn, claimed that if penn law received a $20,000 alumni gift, that penn's central university administration "taxed" away $2,000 & "returned" $18,000 to penn law, then penn law recorded that entire transaction as penn law receiving $38,000. He went on to claim that such "creative accounting" was justified because there is no analogue to GAAP for making reports to U.S. News & World Reports & that penn's peers also do this. It would be worth investigating whether penn law did (& still does?) engage in such fraudulent & unethical reporting, especially in light of it being a law school which teaches professional ethics to law students & the recent wave of U.S. corporate accounting scandals.