I get the sense that nearly all American universities are an expensive, bad joke. The educational system in general seems geared toward somehow finding the biggest idiot in the room a passing grade, and you're hard pressed to find a tertiary option which isn't a continuation of that.
They just want your money. Now all this pearl clutching because people got in by giving them money. Well no shit, Sherlock. What, you thought these places were all about academic integrity?
If you want to prove you've got more money than brains and buy a diploma for a couple million then that's fine by me.