Should Ultra Rich Children of Celebrities Get College Scholarships?

Should Ultra Rich Children of Celebrities Get College Scholarships?

I would like to start this post off with a lyric from the eloquent Sean P.Diddy aka Puff Daddy aka Diddy Combs.

“Don’t get mad, get motivated!”

Now, if you haven’t heard. Ultra rich, celebrity, businessman, model dating, philanthropist, Sean (too many damn nicknames) Combs’s son recently was awarded a full ride to UCLA. Many people who, I can’t help but believe, are suffering from some kind of crab in the bucket, hating disease seem to think Mr. Comb’s son should give up his scholarship.

I could only shake my head.

I swear people just need something to complain about. Here are some of the hilarious comments I found around the web pertaining to this issue.

“Say thanks for the acknowledgement and pay it forward to someone who maybe didn’t get a maybach for their sweet sixteen.”

“Like taking food from the hungry. He’s a disgrace. Multi-millionaire with no class.”

“Diddy needs to talk to actor Denzel Washington whose son was offered a football scholarship as well but Denzel politely turned it down stating that he was blessed to have financial means to pay for his son’s education and the scholarship instead was offered to a low income kid :)”

“If Diddy had class he would return the scholarship”

“Perhaps Daddy Combs can create a scholarship for the underprivileged or donate back to the school, or give a one time gift to a cash strapped student.”

I can go on and on and on. It’s funny how people always want to tell someone else what to do with their money. This reminds me of how people were upset that Oprah opened a school in Africa instead of America. Are you kidding me people?

Back to the topic at hand. Let’s break this down piece by piece for you. I’m looking at the people who think Diddy should force his son to give back a scholarship he earned.

Point 1

This is a merit based scholarship, not a need based scholarship. Merit-based scholarships are awarded (not given) to students who show exceptional athletic or academic abilities. In the case of Diddy’s son, he had a 3.75 GPA from an elite private school, but more importantly he is ranked #133 in the nation as a cornerback. Did you know he was offered multiple athletic scholarships to play D1 football?

Here is a word from UCLA regarding the issue.


“Unlike need-based scholarships, athletic scholarships are awarded to students strictly on the basis of their athletic and academic ability — not their financial need. Athletic scholarships, such as those awarded to football or basketball players, do not rely on state funds. Instead, these scholarships are entirely funded through UCLA Athletics ticket sales, corporate partnerships, media contracts and private donations from supporters,”

Point 2

Are people just mad because it’s Diddy? I really think people just don’t like Diddy so they need to find something, anything to hate on when it comes to this guy.


Just because a person is rich doesn’t mean he should force his son to give up his hard earned scholarship.

I am willing to bet that on average, the parents of the children who play the following sports are very, very rich.

GOLF
TENNIS
LACROSSE
ROWING
WATER POLO

Yet, you don’t hear a peep from people about that. But with Diddy, “Oh no, he doesn’t have class.”

Let’s draw a closer parallel. Why didn’t anyone say anything about Peyton and Eli Manning accepting scholarships? Didn’t they have a well off father? What about Barry Sanders son? He just got a full ride to Stanford. Nobody cared!

Point 3

This isn’t about Diddy. This is about his son proving to a self-made father that he can do it on his own. People tend to think because your father is rich, you have it easy. I beg to differ. Imagine being in Diddy’s son shoes. Everyone thinks life is sweet, but you constantly live in the shadow of your father. All your achievements in life are attributed to the platinum spoon in your mouth.

So, what did he do to set himself apart from his ultra rich, ultra successful father? He blazed his own path, just like his father did and showed him that HE CAN DO THIS ON HIS OWN. He got stellar grades and became an elite athlete to show everyone that even though poor-to-rich Diddy is his daddy, he can control his OWN destiny.

Remember people, they don’t just give out 3.75 GPA’s, and you can’t buy your way to being a nationally ranked cornerback.

In Conclusion

Stop being a hater and as Diddy said, “don’t get mad, get motivated”

Good Luck Justin, I respect your grind!

Call to Action!

What was your reaction to Diddy’s son getting a scholarship? Do you agree or disagree with me and why?

Comments

  1. Great article! Scholarships that are merit based are just that — merit based. People who want to live in a non-merit world have a very broken philosophy. Some need based is certainly understandable — but so is the merit based stuff. We need both.
    My recent post Is the Economy Getting Better?

  2. freefrombroke says:

    From what I understand he earned the scholarship so he's entitled to it. By keeping it it's up to him to keep his grades up in order to stay in the program, no? That's a great lesson in personal responsibility. If Combs paid for it then there's that missing layer of responsibility.

    How many kids of high level bankers have gotten scholarships that no one blinks an eye over? The uproar here is because the recipient is the son of someone famous.
    My recent post Bad Credit? Rebuild it With These Secured Credit Card Offers

    • URFinanceSimple says:

      I agree with you 100%. I doubt he has to keep up the grades to keep his scholarship, this is an athletic scholarship and not an academic one, but I your point is still very valid. On Sat, Aug 4, 2012 at 3:00 AM, YFS <yourfinancessimplified@gmail.com> wrote: approve

  3. If he got the scholarship through hard work and good grades, he's entitled to it. However, he could generate some excellent feel-good PR by donating it to someone genuinely in need (that is if the source of the scholarship allows him to).
    My recent post Kicked Out! – The Facebook Game that Teaches Financial Skills

    • URFinanceSimple says:

      Unfortunately, I don't think he can donate it. He could deny the scholarship and have his father pay for school (if he wants too). I he did that his father will get all the PR anyway and none of it will be as helpful (tax or or wise) than giving the money away via his own charity. I think he should take the scholarship and not feel bad about his accomplishments despite being from a rich family.

  4. It is a shame if they want to get a scholarship while they are millionaires. With the huge amount of money, they should be social responsible and don't misuse the college scholarship system.
    My recent post Cider: der neue Getränke-Trend

    • URFinanceSimple says:

      There is a big difference between. We'd based and merit based scholarships.

  5. Dominique,
    I don't mind that Justin earned the scholarship. And I don't mind that P. Diddy has done quite well in the entertainment industry. Usually I cannot stand to give even my closest friends advice, unless of course they ask that of me.

    But I wonder a few things in this situation. What would I do if I were as fortunate as Justin? How classy would it be if he made it public how he appreciated the scholarship, but approached UCLA and the NCAA and asked that they find another elite athlete to bring to the school with the scholarship?

    Now, I get there's likely red tape in the way of just handing over a scholarship. It sure would be a classy move, and that's not to say accepting the scholarship makes Justin or P. Diddy less classy.

    All in all, i couldn't be more apathetic about the situation. I seldom keep up with celebrity news. But it was fun to chime in here!

    -Christian L. @ Smart Military Money
    My recent post House Approves 1.3 Percent COLA Increase for Disabled Veterans

    • URFinanceSimple says:

      “How classy would it be if he made it public how he appreciated the scholarship, but approached UCLA and the NCAA and asked that they find another elite athlete to bring to the school with the scholarship? “I don't think it would have made people like him any more or less. To me I think it's more telling that he went out there and did something on his own instead of rely on his father to support him. Also, I think he was only in the news because his father is publicly wealthy and ostentatious. There are tons of wealthy kids in scholarships, but nobody says anything about them. I'm sure if we went down the list of scholarship recipients from the top ten IVY league schools we will see Families who's wealth far exceed Diddy's and their Children on scholarships.

  6. addvodka says:

    Not to play devil's advocate, but I would definitely NOT compare that to when American's were mad about the Oprah thing – they were just being selfish and ridiculous in that case, but it is somewhat justified here, if you really stop and think what the purpose of scholarships are (or, were meant to be).
    My recent post Why Babysitting is an Awesome Side Hustle

Password Reset

Please enter your e-mail address. You will receive a new password via e-mail.