Hey! You kids get outta there!

I think this qualifies as "getting caught with your hand in the cookie jar." Apparently, applicants to several business schools have been hacking the websites of those institutions to see if they were admitted. The instructions to hack the schools' websites were posted on a BusinessWeek Online message board. Those who were caught got the hammer.

Harvard rejected 119 applicants who hacked into its system. Soon thereafter, MIT did the same thing, smacking down 32 applicants. Carnegie Mellon wasn't taking that mess either. Stanford, Dartmouth, and Duke are contemplating lowering the boom too.

Serious overreaction or valid penalty? You make the call.

Remember, kids - hacking is bad. Oh, and stay in school (unless you caught hacking and were kicked out).