[strikelaserclaw]

most of these teenagers already come from upper middle class (professional parents) backgrounds, they don't need the money, they know that winning it is a guaranteed admission to MIT or Harvard. Getting admitted to top schools today is an order of magnitude tougher than it was even 10 years ago.

[poulpy123]

Maybe it's different in the US but everywhere else in the world 50K is a really huge amount of money for everyone but the 0.1% richest.But anyway if as you same it's also a ticket for the best schools, the rewards is still huge beside the money. I would even say it's even worse like that, because attending the best school give so many opportunities