Oh the Real Moms of DC: Prestige Hunters are NOT going to like this perspective. |
400k is probably the tops with the lows of $60,000. That's why the median is about $118,000. |
If CS is what your child definitely wants to do and its a good fit. Yes |
For MIT grads, their stats in Computer Software are low $60,000 to high $160,000 with the bonus mean of $30,345. Their tops didn't hit $400,000 - at least not in 2018. Of course, this doesn't prevent $400,000, or a pie in the sky, in any other year. https://capd.mit.edu/sites/default/files/about/files/OutcomeSurvey2018Final.pdf |
IIT is like Harvard/MIT in India. I know some Indian colleagues who constantly remind everyone they went to IIT. You just proved elite college does matter. |
Can't imagine someone turning down Yale for UCB - except for financial reasons. But this also applies to Harvard. |
| My kid's at an ivy CS program. We never considered the graduates' placement outcome. Ivy was pretty much the cost of room and board. At the next tier down below ivies, it was $50,000+ per year. |
That's like saying the Top engineering school in any country is like their Harvard, does that make equal to Harvard, no it doesn't, they are still ranked #275 and #350, and #1056 globally. That's where they are ranked qualitatively. Elite schools matter in the head of those stuck on prestige to feel good about themselves, like yourself, others place themselves above all that and get what they want. |
My kid chose Berkeley over Caltech and Yale for CS. |
I can imagine financial reasons forcing the decision. Caltech, Yale, Harvard aren't worth $100,000 in student loans. |
This argument is a bit disingenuous. - The three gentlemen you name probably did not have access to HYP or any American schools at the time they went to college (Ask me how I know). I'm about the same age as them and I know of very few kids (those who had uncles or aunts in the US) that came to the US. This was pre-Y2K/pre-Internet/pre-outsourcing days. No one cared about India. I recall reading articles by western "experts" about how Indians are not good at management, etc.
- Any of them (and thousands of others) could have gotten into any of the top schools if they had applied. As an undergrad, there was close to zero financial aid/scholarships and most parents could not afford to send their kids to study here. When I was applying for grad school back in the 90's, the cost of applying to Yale and one other school cost me a month's salary. I had to borrow money from the bank at 22% interest rate (zero financial aid for business school) to come study here. Lots of barriers. - Most of us looked at grad school as an easy way to enter the US. Didn't care which school since I didn't really need the education. It was just the easiest way in. The less pedigree the university had, the easier it was to get in. - While the IITs may be ranked lower in whatever ranking system these numbers came out of, their admit rates even back then were way lower than any of the top schools in the US. 80% of the TJ kids will not be able to get into the IITs today. There are more IITs now but back then, I think it was 1600 kids admitted out of 3-400 thousand applicants (today it's about 10,000 out of 1.3 million applying). A friend of mine who was ranked in the 1500s (and therefore was "only" able to get into their chemistry program (vs. engineering) is to this day one of the smartest people I have come across - never really studied, always getting into trouble with the teachers, but always got the best grades. - Almost ALL are admitted on academic merit, and most can run circles around the best grads coming out of the top US schools. Having said that, I'd agree with your basic premise - anyone can be successful if they put their mind to it and the school they go to does not matter. Going to a higher ranked school is about increasing the odds of success and giving them a headstart. I'd gladly pay full price to send my kid to CMU for CS over MD (if the get in, of course) because... why not? |
The list of employers here is very instructive, go to page 16 to see where EECS graduates are employed, here it is: Ab Initio Software LLC, Akamai Technologies, Animet, AppDynamics, Apple, AppNexus, ASAPP, Autodesk, Bloomberg, Cisco, Cisco Meraki, Cruise, EdX, Facebook, Fire Hose Games, GoDaddy, Google, Google via Adecco, Kensho Technologies, Keybase, Krypt Co., Microsoft, Oracle, Palantir Technologies, Perch, Posh Development, Quora, Quorum Analytics, Rev, Riot Games, Rubrik, Stripe, SumoLogic, Terrain Data, Twitch Interactive, Ultimate Software Apart from a few FAANG names there, all of those other companies, 80% of them in fact, will hire CS graduates from state colleges, the MIT grads at those companies will be working along state college grads, sometimes they are on different teams, for instance the MIT grad may get to work on core product development while the BU grad may work on product consulting & implementation. Both will have rewarding careers, it's a question of whether as a software engineer you wish to work on product development or not, in that case you need to acquire the skills needed to break into that, all it takes is learn the math & theory needed, which you can if you have the IQ and work ethics. If you can't then you go do consulting & implementation, work on your presentation skills and leadership skills, and one day you may be the product development manager leading the MIT grads. |
If in-state, that makes sense. |
No way! Princeton for sure over Harvard and Berkeley for CS. Harvard for sure over P/UCB if the kid is unsure. Of course, if Berkeley is in-state, they go for it. |
He was a TJ grad. |