Does where you go to college actually matter?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
I lived in NYC and having a degree from a prestigious school helped me get a job in investment banking. Ultimately I hated it and I'm a stay at home mom now but I met my husband though work. That wouldn't have happened if I had gone to a different school.

see, told you so, the perks are better than the membership

All this investment banking spam seems like trolls. Nobody outside of NJ/NY/CT is this obsessed with banking.

If PP was genuine, and assuming PP was moderately attractive, she would have just as easily met a rich husband after being a state school sorority girl or attending some half-decent liberal arts college like Trinity or Hobart and William Smith.

Look up assortative mating. Rich boys used to marry the pretty girl from the country club back home. Now they may someone with similar education and career background to themselves. Think JFK and Jackie vs. the Obamas or even the Kushners. Assortative mating explains at least 40% of how the world works differently now compared to the recent past.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
I lived in NYC and having a degree from a prestigious school helped me get a job in investment banking. Ultimately I hated it and I'm a stay at home mom now but I met my husband though work. That wouldn't have happened if I had gone to a different school.

see, told you so, the perks are better than the membership

All this investment banking spam seems like trolls. Nobody outside of NJ/NY/CT is this obsessed with banking.

If PP was genuine, and assuming PP was moderately attractive, she would have just as easily met a rich husband after being a state school sorority girl or attending some half-decent liberal arts college like Trinity or Hobart and William Smith.

Look up assortative mating. Rich boys used to marry the pretty girl from the country club back home. Now they may someone with similar education and career background to themselves. Think JFK and Jackie vs. the Obamas or even the Kushners. Assortative mating explains at least 40% of how the world works differently now compared to the recent past.

They still do, it's just that she usually has the same kind of education he does. How many wealthy women whose parents are the country club type don't go to college these days?

[Anonymous]

This is devolving into another gross thread where the rich and connected pat themselves on the back for what they think is a job well done.

You keep telling yourselves you're better than the rest of us, though.

[Anonymous]

If you’re physically ugly it means everything. If you’re attractive it’s just a nice wall hanging

[Anonymous]

I say not at all!

I have a liberal arts degree from a SLAC you think of as a party school. I was a solidly B- HS student and a B+ college student.

I’ve just received a promotion and was selected over a strong candidate who attended college but didn’t receive a degree.

No one in my field ever asks where I went to college, how I did on my SATs, what my GPA was…

Truth is, I’ve always achieved success through hard work and an exceptionally strong work ethic (and applicable communication and writing skills - needed in my field).

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
I lived in NYC and having a degree from a prestigious school helped me get a job in investment banking. Ultimately I hated it and I'm a stay at home mom now but I met my husband though work. That wouldn't have happened if I had gone to a different school.

see, told you so, the perks are better than the membership

All this investment banking spam seems like trolls. Nobody outside of NJ/NY/CT is this obsessed with banking.

If PP was genuine, and assuming PP was moderately attractive, she would have just as easily met a rich husband after being a state school sorority girl or attending some half-decent liberal arts college like Trinity or Hobart and William Smith.

Look up assortative mating. Rich boys used to marry the pretty girl from the country club back home. Now they may someone with similar education and career background to themselves. Think JFK and Jackie vs. the Obamas or even the Kushners. Assortative mating explains at least 40% of how the world works differently now compared to the recent past.

They still do, it's just that she usually has the same kind of education he does. How many wealthy women whose parents are the country club type don't go to college these days?

They don't necessarily marry the one from exactly back home though. And these days, mixed marriages are much more common. WASP/Jewish (the Kushners), Jewish/Chinese (the Zuckerbergs) etc.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you’re a middle or even UMC kid at Northwestern getting some financial aid... guess who your closest friends are going to be.

Who are they going to be?

Other financial aid kids who spend their days and nights being jealous of rich kids.

If my brilliant middle class financial aid unhooked white Ivy girl marries a normal financial aid unhooked graduate of her choice (any color or gender, these are hers to determine), I think they will have a killer two-career family and make enough money to not have financial problems. They will make our world better.

I am not worried that they will be too jealous of the rich kids. I hope the rich kids are cool enough for the smart unhooked kids around them.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No. Not at all.

Maybe not Duke vs. Harvard or UVA vs. Duke, but you're saying it doesn't matter if you go to Harvard or Longwood? For real?

Longwood Average Salary After 10 Years
$43,200

Harvard Average Salary After 10 Years
$136,700

Haha! We look at this in the stats class I teach. Here you want to be looking at modal and not mean salary. At least some of the reason the mean is so high for Harvard is because a few individuals (like gates and sucked beef) end up skewing the mean. It's also high because of people who work in family businesses who are overpaid for their services by wealthy parents, including wealthy overseas families. This number is not a guarantee that YOU will make this salary if you are just a regular Joe.

If you took a kid that was accepted to Harvard (because they had great grades and astronomical standardized tests) and they actually chose to go to Longwood before going to law school or medical school, it probably wouldn't make much difference because they would still have stellar grades and great MCATs or LSATs, and that is what matters most. For career paths like finance or consulting, it would be a different story.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No. Not at all.

Maybe not Duke vs. Harvard or UVA vs. Duke, but you're saying it doesn't matter if you go to Harvard or Longwood? For real?

Longwood Average Salary After 10 Years
$43,200

Harvard Average Salary After 10 Years
$136,700

Haha! We look at this in the stats class I teach. Here you want to be looking at modal and not mean salary. At least some of the reason the mean is so high for Harvard is because a few individuals (like gates and sucked beef) end up skewing the mean. It's also high because of people who work in family businesses who are overpaid for their services by wealthy parents, including wealthy overseas families. This number is not a guarantee that YOU will make this salary if you are just a regular Joe.

If you took a kid that was accepted to Harvard (because they had great grades and astronomical standardized tests) and they actually chose to go to Longwood before going to law school or medical school, it probably wouldn't make much difference because they would still have stellar grades and great MCATs or LSATs, and that is what matters most. For career paths like finance or consulting, it would be a different story.

+1000

[Anonymous]

I think it matters for the first job/internship/grad school application.

After that? not much.

But that first one DOES matter. So....

IDK, ultimately. I do think that it matters more if you're a POC or from a lower socioeconomic background. Then - by God go to the highest ranked place you can afford and work those connections.

[Anonymous]

No. We live on a nice street of diverse families who make great salaries and have a variety of jobs. Research, govt. work, professor, business owner, restaurant owner, lawyer, doctors, etc. We all ended up at the same place. Some went to Harvard, JMU, Princeton, UVA, Tech, Duke, Mason, Naval Academy, West Point, New England liberal arts colleges, Redford, other state schools, and some…gasp…didn’t go to college! Yet here we all are living together and raising kids together. No one cares where (or if) anyone else went to college. We care that you’re a nice neighbor.

[Anonymous]

Anonymous wrote:No. We live on a nice street of diverse families who make great salaries and have a variety of jobs. Research, govt. work, professor, business owner, restaurant owner, lawyer, doctors, etc. We all ended up at the same place. Some went to Harvard, JMU, Princeton, UVA, Tech, Duke, Mason, Naval Academy, West Point, New England liberal arts colleges, Redford, other state schools, and some…gasp…didn’t go to college! Yet here we all are living together and raising kids together. No one cares where (or if) anyone else went to college. We care that you’re a nice neighbor.

Same here, but I am guessing OP means from a career perspective. Of the 20 somethings I know who went to schools like Radford, Towson, Salisbury, etc they have good professional jobs and live in the same nice areas as the kids who went to places like UVA.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you’re a middle or even UMC kid at Northwestern getting some financial aid... guess who your closest friends are going to be.

Who are they going to be?

Other financial aid kids who spend their days and nights being jealous of rich kids.

If my brilliant middle class financial aid unhooked white Ivy girl marries a normal financial aid unhooked graduate of her choice (any color or gender, these are hers to determine), I think they will have a killer two-career family and make enough money to not have financial problems. They will make our world better.

I am not worried that they will be too jealous of the rich kids. I hope the rich kids are cool enough for the smart unhooked kids around them.

What are the family backgrounds of you and your spouse/partner (if you have one)?

[Anonymous]

Anonymous wrote:I think it matters for the first job/internship/grad school application.

After that? not much.

But that first one DOES matter. So....

IDK, ultimately. I do think that it matters more if you're a POC or from a lower socioeconomic background. Then - by God go to the highest ranked place you can afford and work those connections.

It matters least for grad school applications. The reason top schools do well in grad school applications is because they have a higher percentage of kids that get high GPAs and high standardized admission test scores. Simple as that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
I lived in NYC and having a degree from a prestigious school helped me get a job in investment banking. Ultimately I hated it and I'm a stay at home mom now but I met my husband though work. That wouldn't have happened if I had gone to a different school.

see, told you so, the perks are better than the membership

All this investment banking spam seems like trolls. Nobody outside of NJ/NY/CT is this obsessed with banking.

If PP was genuine, and assuming PP was moderately attractive, she would have just as easily met a rich husband after being a state school sorority girl or attending some half-decent liberal arts college like Trinity or Hobart and William Smith.

Look up assortative mating. Rich boys used to marry the pretty girl from the country club back home. Now they may someone with similar education and career background to themselves. Think JFK and Jackie vs. the Obamas or even the Kushners. Assortative mating explains at least 40% of how the world works differently now compared to the recent past.

They still do, it's just that she usually has the same kind of education he does. How many wealthy women whose parents are the country club type don't go to college these days?

They don't necessarily marry the one from exactly back home though. And these days, mixed marriages are much more common. WASP/Jewish (the Kushners), Jewish/Chinese (the Zuckerbergs) etc.

But that’s the point. The Chan-Zuckerbergs have completely different backgrounds but met at Harvard their freshman year. And the Kushners both attended Ivies (albeit not the same one) where they probably ran in the same circles of rich NyC scions.