Like NXIVM, we don't know half the story.
What boggles my mind though is this. Say you're felicity huffmann/william macy (W+H). You're so shallow and engaged with keeping up with the Jones, that you have to do this shit?
An admissions board wouldn't already be mildly impressed with the child of two well known actors attending their school? The school receives prestige and tons of donations expected being that they're the HW crowd.
Pride cometh before the fall.
What profits a man, that by gaining the world, loses his soul?