We care more about what our kids do after college, and specifically how an individual college would help them get there. We wouldn’t put much emphasis on rank or being an ivy. |
Financially, you mean? |
More that they are set up to achieve their goals. We try to make them understand the consequences of different compensation levels. Making money alone is not that interesting to us. |
Given the huge number of scandals, it is actually somewhat remarkable that Harvard's reputation is still stellar among students and parents. Also, in the biggest college rankings(US News, WSJ, Forbes) they're consistently beat out by both Princeton and MIT, however they seem to have a healthy lead in reputation amongst students. Anecdotally, I've seen reports showing that Harvard gives students a much higher likelihood of becoming extremely wealthy later in life: https://www.cnbc.com/2019/07/31/wealth-x-the-20-american-universities-that-produce-the-richest-grads.html |
The “scandals” at Harvard matter to insiders like Bill Ackman and culture warriors like Christopher Rufo but are faint background noise for most people who’d be responding to a survey like this. Again, the continued surprise is that Yale is behind MIT, Princeton, and even Michigan, when it has the most name recognition of any school besides Harvard (and perhaps Stanford). |
Thanks. I guess I will never understand! |
Becoming a professor, physician, investment banker, computer engineer, etc. all have trade-offs. After a few years people should no longer care where someone went to college. |
Even the political scandals aside, Harvard's been getting dinged for having lower academic standards than peers(most commonly awarded grade is an A, average GPA is over 3.8). The hardest part seems to be getting in. Notably, from a different perspective, the lax standards may actually be a good thing. I suspect a 3.5 from Harvard is still viewed more favorably than a 3.5 from MIT, Princeton, or Stanford because of the Harvard name. If most kids are walking away with 3.8s, they will absolutely destroy kids from the other elite schools on career and grad school outcomes.
I think it's because Yale isn't great at STEM. Neither is Harvard, but the fact that Bill Gates, Mark Zuckerberg, John Collison, and a bunch of other tech billionaires founded their companies from Harvard dorm rooms more than makes up for any academic weaknesses in that department. |
| Harvard has cachet that the other ivies don’t have |
Agree. And it’s 1200 not 2000. |
A Harvard degree is a golden ticket. Basically get in, coast academically(sweet sweet grade inflation), and enjoy as the Harvard name effortlessly opens the doors to power and wealth. Even the rest of HYPSM simply cannot compare. |
Haha. If only it was that simple. |
Harvard grads I know include: * Waiter * Adjunct faculty (multiple) * Public school teacher (multiple) * Pastor of a small congregation in a hardscrabble mountain town * Federal prisoner It's certainly easier to get the golden ticket, but even with a Harvard parchment there's no guarantee. |
That's fair. I still feel like among the elite schools, it's the easiest to succeed from. The level of difficulty at MIT and Princeton is too intense. Yale and Stanford are great but still not on the same level of cachet as Harvard(or easiness grade-wise). |
Fair. |