No Result
View All Result
  • Login
Friday, October 31, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

This millennial was rejected from 200 jobs—now he makes millions charging wealthy families six-figures to get their kids into the Ivy Leagues

by FeeOnlyNews.com
4 months ago
in Business
Reading Time: 4 mins read
A A
0
This millennial was rejected from 200 jobs—now he makes millions charging wealthy families six-figures to get their kids into the Ivy Leagues
Share on FacebookShare on TwitterShare on LInkedIn



How much would you pay to help your child get accepted into Harvard, Stanford, or MIT?

$10,000? What about $100,000, or even $750,000? 

Hundreds of families are paying six-figure price tags to a young millennial named Christopher Rim to get their kids into their top college choices. As the founder and CEO of college admissions consultancy group Command Education, Rim has become a wizard of sorts for how to crack the Ivy League code. Over the last five years, 94% of his clients have been accepted into their top three college choices.

And while the $3 billion college consultancy industry may sound like another leg-up the rich have to get their children into schools, Rim says it’s about helping students reach their dreams and unlock their potential. After all, on average, only about 5% of pupils who want to go to an Ivy League school actually get in. 

“You have one chance. That’s it,” the 30-year-old tells Fortune. “You can’t go back to college or apply to these selective universities again.”

Unlocking potential is something that hits home in Rim’s own story toward success, both in his own journey trying to attend an Ivy League school as well as trying to find his footing as a young graduate.

Using doubt and failure as a motivator

As a public high school student in New Jersey, Rim was told he’d never be cut out for an Ivy League institution. 

While he admits himself that he wasn’t the smartest kid in his class, he had a mission to attend Yale University, and decided to apply even when his guidance counselor pleaded with him to settle for Rutgers University, an in-state public school. Out of the nearly two dozen students from his school who applied to Yale, he was the only one who got in—despite having a lower GPA than the rest.

As a student, he kept the ball rolling by charging high schoolers $50 to edit their admissions essays and advising them on how to strengthen their resumes and “authentically stick out.” After his first two clients got into MIT and Stanford, he realized he might have a gift, and thus Command Education was born in 2015 in his New Haven, Conn., dorm room.

However, Rim still wasn’t sure it was the key to a post-grad career. Then came the time to apply for jobs. 

“I applied to over 200 jobs senior year. All my friends were getting jobs at Goldman Sachs, McKinsey, BCG, major corporations. I got none. I got zero,” he says. “And that was the best thing to have that happen to me.”

Instead of letting the rejection defeat him—like what happens to millions of young adults each year—Rim used it as motivation to help others reach their dream college, too.

“Everyone has this potential, and I was able to instill that confidence and belief and motivate them through the process,” Rim says. “I think that was a major reason as to why my students succeeded, which, of course, led me to succeed with the business.”

So far, Command Education has guided over 1,500 students into top-tier schools, with acceptance rates that soar far above the national average—more than seven times higher at places like Harvard, Caltech, and the University of Chicago.

And with parents investing close to $100,000 on average for his services, Rim isn’t just shaping student futures, he’s built a booming business in the process.

While he declined to comment on his company’s revenue, his average fee and high demand would put that figure in the millions. (Rim also explained that the $750,000 price tag was a one-off example that included working with a student starting in middle school and having unlimited access to services.)

The growing price to get into college

With or without professional help, getting into a top institution is no easy feat. In fact, over the last decade, colleges have only gotten more selective in the students they accept. 

However, it’s not because schools have gotten much smaller in size, it’s because more students are applying. For Harvard’s class of 2028, who just finished their first year of college, over 54,000 applicants battled for just 1,970 seats; an acceptance rate of 3.6%. That’s up from about 37,000 applicants competing for 2,080 spots for the class of 2019, an acceptance rate of 5.6%. Even then, not all accepted students ultimately choose to attend that school.

At the same time, college is only getting more expensive. Tuition and fees at private universities have increased by about 41%, when adjusted for inflation, according to U.S. News and World Report. And while some colleges have made attempts at softening the burden for many lower-income students—like Harvard making tuition free for families making less than $200,000—attending a top college remains an uphill battle for many students. 

However, Rim says services like his aren’t making the process less equitable, but rather helping young people find their true calling.

“I know I am not helping my student take a spot away from a middle-class student or a lower-income family student,” Rim adds. “I’m helping other wealthy families and their kids compete against other wealthy families.”

And despite some students feeling that their degree wasn’t worth the cost, Rim says demand is higher than it’s ever been before. But young people are expanding their interests outside of the traditional Ivy Leagues to other top-ranked schools like Duke University, Vanderbilt University, and the University of North Carolina.

“If you want to get a specific job at a bank, consulting firm, or become a doctor or lawyer, your school is going to matter a lot,” he tells Fortune. But at the end of the day, he says it’s about finding students’ passions and interests.

“I really will never tell a student, join the debate team, join band club, join newspaper club, because we think that’s what colleges want. In fact, it’s the total opposite,” Rim says. “Do what you want.”



Source link

Tags: chargingfamiliesIvyjobsnowKidsLeaguesmillennialmillionsrejectedSixfiguresWealthy
ShareTweetShare
Previous Post

Best high-yield savings interest rates today, June 22, 2025 (best accounts offering 4.0% APY)

Next Post

Ilya Sustkever’s SSI declines Meta acquisition offer – report

Related Posts

Getting Started: Inventory Types and Conditions

Getting Started: Inventory Types and Conditions

by FeeOnlyNews.com
October 31, 2025
0

Take the guesswork out of sourcing! We want you to make the most informed purchases possible. In order to do...

El Pollo Loco outlines plan for nearly doubling 2026 unit growth amid margin gains and menu innovation (NASDAQ:LOCO)

El Pollo Loco outlines plan for nearly doubling 2026 unit growth amid margin gains and menu innovation (NASDAQ:LOCO)

by FeeOnlyNews.com
October 30, 2025
0

Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking...

Asian shares rise: Asian shares, US futures rise on tech results, gold holds gain

Asian shares rise: Asian shares, US futures rise on tech results, gold holds gain

by FeeOnlyNews.com
October 30, 2025
0

US equity-index futures rose after strong earnings from Amazon.com Inc. and Apple Inc. spurred a post-market tech rally, lifting sentiment...

Michael Saylor’s Strategy returns to profitability in third quarter

Michael Saylor’s Strategy returns to profitability in third quarter

by FeeOnlyNews.com
October 30, 2025
0

Bitcoin accumulator Strategy Inc. returned to profitability in the third quarter, with results bolstered by an unrealized gain tied to...

Planning approved for new Jerusalem luxury hotel

Planning approved for new Jerusalem luxury hotel

by FeeOnlyNews.com
October 30, 2025
0

Building a hotel is an expensive business, but before you build you need a high-quality location. Pai Siam (TASE:...

AI bubble talk grips the market. But in the C-suite there’s more FOMO over AI’s benefits than fear of an AI bustup

AI bubble talk grips the market. But in the C-suite there’s more FOMO over AI’s benefits than fear of an AI bustup

by FeeOnlyNews.com
October 30, 2025
0

Hello and welcome to Eye on AI. In this edition…Nvidia becomes the first $5 trillion market cap company…Anthropic finds AI...

Next Post
Ilya Sustkever’s SSI declines Meta acquisition offer – report

Ilya Sustkever's SSI declines Meta acquisition offer - report

The Sunday Morning Movie Presents: In The Soup (1992) Run Time: 1H 33M

The Sunday Morning Movie Presents: In The Soup (1992) Run Time: 1H 33M

  • Trending
  • Comments
  • Latest
AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

October 15, 2025
Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

October 14, 2025
Are You Losing Out Because of Medicare Open Enrollment Mistakes?

Are You Losing Out Because of Medicare Open Enrollment Mistakes?

October 13, 2025
Coinbase boosts investment in India’s CoinDCX, valuing exchange at .45B

Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B

October 15, 2025
Government shutdown could drain financial advisor optimism

Government shutdown could drain financial advisor optimism

October 7, 2025
Getting Started: How to Register

Getting Started: How to Register

October 10, 2025
The 2026 Social Security Bump Will Cost Some Retirees. Are Your Benefits at Risk of Taxation?

The 2026 Social Security Bump Will Cost Some Retirees. Are Your Benefits at Risk of Taxation?

0
6 Facts You Should Know About the Thrift Savings Plan If You Are a Government Employee

6 Facts You Should Know About the Thrift Savings Plan If You Are a Government Employee

0
Getting Started: Inventory Types and Conditions

Getting Started: Inventory Types and Conditions

0
The Tragedy of Expatriation: Europe’s Lost Future

The Tragedy of Expatriation: Europe’s Lost Future

0
Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

0
Planning approved for new Jerusalem luxury hotel

Planning approved for new Jerusalem luxury hotel

0
Getting Started: Inventory Types and Conditions

Getting Started: Inventory Types and Conditions

October 31, 2025
Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

October 31, 2025
Strategy Q3 Income Narrows to .8B as mNAV Shrinks

Strategy Q3 Income Narrows to $2.8B as mNAV Shrinks

October 30, 2025
El Pollo Loco outlines plan for nearly doubling 2026 unit growth amid margin gains and menu innovation (NASDAQ:LOCO)

El Pollo Loco outlines plan for nearly doubling 2026 unit growth amid margin gains and menu innovation (NASDAQ:LOCO)

October 30, 2025
Asian shares rise: Asian shares, US futures rise on tech results, gold holds gain

Asian shares rise: Asian shares, US futures rise on tech results, gold holds gain

October 30, 2025
Commonwealth advisors leave for Cetera, Osaic, Raymond James

Commonwealth advisors leave for Cetera, Osaic, Raymond James

October 30, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Getting Started: Inventory Types and Conditions
  • Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso
  • Strategy Q3 Income Narrows to $2.8B as mNAV Shrinks
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.