If you are the parent of future college applicants, I think the answer is yes, you should watch it.
Why? Not necessarily for a recap of the crime itself, as the film doesn’t shed any new light on what most people already know. That said, it is unique in that much of the dialogue comes from actual FBI transcripts of wiretapped phone calls.
Rather, I think there are two good reasons to tune in. First, the interviews with experts in the testing and college admissions space are insightful. Akil Bello, an expert on ACT and SAT test preparation and the test-optional movement, offers particularly illuminating opinions on the college admissions landscape. Second, the film documents interviews with actual high school students invested in the college admissions process, and they are moving. You will see students celebrating admission offers with family in one scene and then crying about rejections in the next. Hearing their voices, I believe, serves as a powerful tool for parents to witness just how emotionally draining this process can be for students.
Here is a good recap of the film written by Claire McNear for The Ringer. Finding it on Netflix is simple enough as it currently ranks on its top 10 most viewed list.