Lori Loughlin filed for divorce from Mossimo Giannulli after nearly 30 years of marriage, and the press is treating it like the real story — meanwhile, the billion-dollar admissions racket that sent them to prison is still open for business.

Court documents show Loughlin filed on Sept. 4, citing irreconcilable differences, with a separation date of Aug. 31, 2025, according to Fox News and NBC News. The couple had a prenuptial agreement — amended in 2015, per HuffPost — and sold their Hidden Hills mansion for $12.65 million late last year, the Daily Beast reported. They share two adult daughters, Olivia Jade, 26, and Isabella Rose, 27.

HuffPost and Fox News both framed the divorce as a direct consequence of the 2019 Operation Varsity Blues scandal, with Fox featuring Loughlin's "Full House" co-star John Stamos blaming Giannulli: "I know for a fact it was all him," Stamos said on the "Good Guys" podcast, calling Giannulli "a terrible narcissist" and Loughlin "a saint." NBC News, by contrast, stuck to the mechanics: Loughlin and Giannulli admitted to paying $500,000 to scheme ringleader Rick Singer and his Key Worldwide Foundation to falsely designate their daughters as USC crew recruits — neither girl rowed.

Loughlin served two months in federal prison, paid a $150,000 fine, and completed 100 hours of community service. Giannulli got five months, a $250,000 fine, and 250 hours of service, according to NBC News. The Daily Beast noted Loughlin was fired by Hallmark after the scandal but rehired in December to reprise her role in "When Calls the Heart."

Here's what none of the outlets mentioned: Loughlin and Giannulli were the public faces of a scandal that implicated dozens of wealthy families, but the system they exploited never changed. Legacy admissions — where the children of alumni and donors get preferential treatment — remain legal and widespread. USC itself still admits legacy students at dramatically higher rates. Donor preferences operate with zero transparency. And DEI quotas, which the Supreme Court nominally struck down, persist under rebranded frameworks. The $500,000 the Giannullis paid Singer was a bribe. A $500,000 donation to a university building fund — the kind wealthy families make every cycle — is called philanthropy. The difference is a receipt and a tax deduction.

The FBI investigated Singer's operation under "Varsity Blues" and secured convictions. But the institutions that created the demand — elite universities charging $80,000 a year in tuition while sitting on multibillion-dollar endowments — faced no structural accountability. USC's endowment sits above $7 billion. The scandal proved the game is rigged. The response was to jail a few celebrity parents and call it reform.

Loughlin posted a video to Instagram Monday captioned "Here's to things working out." For the higher-ed cartel, things are working out just fine.

The open question: When does the next Singer emerge — and which university president will be pretending to be surprised?