Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
How Wealthy Kids Tour Ten Colleges In Five Days
Posted
September 7, 2016
Views
111,639
Likes
1,771
Comments
760
Engagement
2.27%
September 7, 2016
111,639
1,771
760
2.27%
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13:29Now PlayingSome wealthy parents are flying their kids to various colleges to check them out. These private plane tours can cost more than most people’s entire college education. Ana Kasparian and John Iadarola, hosts of The Young Turks, break it down. Tell us what you think in the comment section below.
"Magellan says these tour packages are invaluable to the hyper-wealthy kids and parents who use the service (none of whom would speak with Newsweek ). “Unless you’re flying private, there’s just no way to see 10 schools over the course of five days,” says Magellan senior aviation specialist Joseph Santo, who works on trip logistics. “Is it cost-effective? Absolutely not. But for people with busy schedules who can’t take a week or two off of work, it means dollars and cents at the end of the day.”
In fact, the demand for this college-tour service has never been greater among Magellan’s members, says the company’s CEO, Joshua Hebert. Many own planes but for convenience buy a membership that affords them a number of hours per year in Magellan-managed jets. The college-tour package is offered on top of that. “[It’s] one of the things that our clients continued to ask for,” Hebert tellsNewsweek . “Finally we said, ‘OK, let’s create a product around this because people are asking for it so much.’””*
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Hosts: Ana Kasparian, John Iadarola
Cast: Ana Kasparian, John Iadarola
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The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 68pm ET.
Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary)
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