If anything, after the current uproar dies down, it would encourage more of the same. It would send the message that even after this problem becomes national and international news with dozens of criminal charges to the perpetrators, those schools will still do nothing if you get caught.
In no way has this been a victimless fraud.
I have to say I see this all the time in tech with people having no clue why we do things the way we do, why a e2e test doesn’t replace a unit test for example is lost on many developers these days even.
We shouldn’t be lining up to punish 19 year olds for their parents’ crimes. Large fines and jail time for the parents is punishment enough here.
Those still in school should be expelled on some sort of "no fault" basis. They could then be allowed to reapply and demonstrate that they really belong there on their own merits. For those already with degrees, it's less clear and I don't have a good answer; I don't see any way out that either prevents the fraud from succeeding in it's goal (untenable) or is overtly punitive towards the student (also untenable)... the only real answer there is revoke the degree and tell the student/victim to seek redress from the ones that committed fraud (their parents).
Yes, some may have not known about it. And that’s an interesting conversation they will have with their parents about royally screwing them over. But you don’t get a pass for breaking a law just because you were unaware of it either.
On a more serious note, we are severely punishing people of color for trying to advance their kids educational opportunities[0]. If we don’t offer same courtesy to these perpetrators, what kind of country are we living in and what kind of message will that send out?
[0] https://educationpost.org/while-rich-people-bribe-their-kids...