I see a lot of people on this board myopically insist that undergrad prestige doesn't matter and that their kid can go to an Ivy for grad school. This seems misguided. The top firms only recruit from Ivies and other T20 schools. Going to an HYPSM for undergrad will increase your odds of landing at one of them.
If you go to an elite school and do everything right, you don't even need to go to grad school. The people on here saying that their kids at a state school or some no-name SLAC can "always go to an Ivy for grad school" seem misguided. Not all grad schools pay off. I had a woman in my neighborhood say the same thing -- her daughter went to a selective but not elite SLAC, and her mom insisted that her college education paid off since she's at Columbia for her PhD in History. Ummm.... hello?!!!! A PhD in the humanities is the LAST thing I would want my kid to do. |
Does everyone share your desire to lead an "elite" life? |
Depends on the major and end goal.
Grad school is much easier to get in. Only stupid people would pay a lot of money for grad school |
i don't know op. i know one kid who graduated from umd engineering who got accepted to stanford phd program but turned it down and accepted berkeley offer. |
Today in “not everyone is the same.” Welcome to the world, grasshopper. |
Not everyone wants their children to work at a "top firm." Some people want their kids to make the world a better place and that often requires graduate school. |
Guess what? Not everyone wants to work at a “top firm.” |
You should show them the threads on here from people in do-gooder careers who regret not going into higher-paying jobs. See: the numerous threads from feds, scientists, NPO workers, etc. who want to make more than their do-gooder career pays them. |
1. Not all success is measured in money, OP. My husband does cancer research at NIH and uses his MD, PhD plus stats and informatics degrees to provide total analytics. The pay is incredibly low for all that training, but I'm sure you understand that money is not what's most important here. It's the calling. It's the lives saved. 2. However I do agree with you that getting in a prestigious and selective graduate school is much harder coming out of a no-name undergrad! And I also agree that some grad school degrees are very hard to translate into ANY career, not just underpaid ones! My son loves history, and history will be part of his undergrad major, but he is well aware that unless he wants to live in a small way on his inheritance, a more practical post-college degree will open way more doors for him. |
Someone needs a hobby. |
Different strokes for different folks. Going to an Ivy is no guarantee of anything! I’m a poster who subscribes to this belief. I did it and our kids in STEM are doing it. It works for some. Not everyone wants to go into investment banking or management consulting, which frankly do nothing to help our world from what I’ve seen.. For us, mental health trumps academic prestige. The kid has to want it, we’re not going to push it. Life is about so much more. |
Most undergrads, even at T20s, pursue any subject in sufficient depth that would impress serious employers. |
Most undergrads DO NOT pursue... |
Does it include being born on the third base? |
OP here. So you would be okay with your kid going to an Ivy for a PhD in, say, Biology and then end up as a fed scientist? That would be awful. They would have no earning power in their 20s (as they'd be living on a grad student stipend) and they would top out at an income of $180k. How would they afford housing or childcare in their 30s in the DMV? Life is more than money, I agree. But money is damn important. |