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Anonymous wrote:OP, we move in and out of DC every few years. We are here now for the fourth time. We'll stay three years and then move again. In most of the country, you don't see this nonsense. People are super excited to attend their very good state universities. One of my kids turned down two Ivies to accept a full ride at University of Florida. We were of course thrilled to save the money. But for her, it was all about Gator Nation. She graduated with no student loan debt, as did my other kids. While I know many great people who went to Ivy Universities and are very successful, most of the people I know with those degrees have good jobs but crippling debt. My advice - Look elsewhere for guidance when helping your child select a college. DCUM is a good resource for many things, but not for advice on colleges.
Nothing wrong with being in the top 20% or even striving and getting to the 1%, but if you want to run this country and want to get to the top .01%, you have to go to a handful of universities in this country and the state schools are not it. There are exceptions, of course, but few and far between.
Remember, attending one of these elite schools is a necessary but not sufficient condition, so don't come back with "I know of xxx who went to an Ivy and is now a barista"
More than one state school in that top 10 list. More than two actually.
Uh, nope.
http://time.com/money/4364104/top-colleges-fortune-500-ceos/
Idiotic article from somebody who has never had statistics in their life. They should have normalized the same size based on the number of graduates from these schools, but what can you expect from a dumb white chick who went to University of Florida
Ok, so then if you have other evidence that you need to go to “a handful of schools” to be a .01%er/“Run this country” - share it. Otherwise you’re just talking out of your ass.
Learn to google idiot
https://en.wikipedia.org/wiki/List_of_universities_by_number_of_billionaire_alumni. Here are the top 10. See the trend. Just one state school
Top Billionaire producing Universities
Harvard University – 131 degrees, combined wealth $529 billion
Stanford University – 50 degrees, combined wealth $339 billion
University of Pennsylvania – 47 degrees, combined wealth $247 billion
Columbia University – 38 degrees, combined wealth $218 billion
Massachusetts Institute of Technology – 26 degrees, combined wealth $158 billion
University of California Berkeley – 19 degrees, combined wealth $83 billion
Cornell University – 23 degrees, combined wealth $57 billion
University of Southern California – 22 degrees, combined wealth $51 billion
University of Chicago – 28 degrees, combined wealth $49 billion
Yale University – 21 degrees, combined wealth $99 billion
Top 20 Ultra High net worth (80% here are Private schools, and not a single state school in the top 10)
Harvard University – 16,316 alumni, combined wealth $3,238 billion
University of Pennsylvania – 6,993 alumni, combined wealth $1,328 billion
Columbia University – 4,945 alumni, combined wealth $1,067 billion
New York University – 3,870 alumni, combined wealth $697 billion
Stanford University – 3,724 alumni, combined wealth $978 billion
University of Cambridge – 3,708 alumni, combined wealth $586 billion
Massachusetts Institute of Technology – 3,291 alumni, combined wealth $727 billion
Northwestern University – 2,902 alumni, combined wealth $384 billion
University of Chicago – 2,850 alumni, combined wealth $431 billion
Yale University – 2,667 alumni, combined wealth $552 billion
Cornell University – 2,661 alumni, combined wealth $482 billion
University of Southern California – 2,590 alumni, combined wealth $497 billion
Princeton University – 2,576 alumni, combined wealth $574 billion
University of California, Berkeley – 2,500 alumni, combined wealth $512 billion
Boston University – 2,219 alumni, combined wealth $408 billion
University of Michigan – 2,105 alumni, combined wealth $437 billion
University of Texas at Austin – 2,061 alumni, combined wealth $346 billion
University of Virginia – 2,035 alumni, combined wealth $258 billion
University of Notre Dame – 1,863 alumni, combined wealth $253 billion
University of California, Los Angeles – 1,728 alumni, combined wealth $299 billion
This is before normalization based on student population. Even without that Private universities produce 3x to 4x time what state universities produce. If you normalize for student body population, State universities will virtually disappear.