It's not just you. PP doesn't know what they're talking about. Just look at any very large group of highly regarded physicians (Mayo Clinic/Hopkins, etc.) or attorneys and you'll find a wide variety of medical schools. A handful of law firms (and investment firms) are snobby about degrees, but the vast majority of even highly-ranked firms care more about getting the best attorneys (or analysts/quants) than getting framed diplomas that look impressive. In academia, the 'elite' colleges seem to care but no one else does because it doesn't matter. |
There is absolutely zero evidence to support your statement about getting into grad school. And what exactly is your idea of an elite career? |
| I find it super annoying when you ask us to tell you where your kid is going to go or to rank random schools. |
|
How many employers do you think really digest the rankings? And if they do, which of the 100 different rankings do they memorize?
Colleges fall into three categories: 1. HPYSM 2. Schools that raise questions about why you went there, whether the degree is “real” and what kind of employee you would be. 3. Everything in between. |
No. You're totally wrong. There have been several immigrant/POC posters on this thread saying that going to an Ivy changed our lives. There are studies out there showing that going to an elite college MATTERS for first-gen/low-income/URM kids. You denying this is a great example of your white privilege. And BTW, writing off HYPSM as "some hyper-competitive environment where people are valued by who they or their parents are or what they are entitled to" is clearly just you coping as a mediocre state school grad. That wasn't my experience at all at Stanford. |
| I work in IT consulting at a large, well known company. Virtually none of my colleagues have gone to graduate school, including the directors making $500k+. None. However, for entry level recruits, school name absolutely matters. A graduate from a top school is recruited for client facing management consulting. Candidates from lesser ranked schools are recruited for back office roles, a totally different career path. The prestigious school gets you access to clients, contacts in those organizations, and opportunities to grow your career. Back office roles are just processing invoices or negotiating subcontracts for 20 years. |
OK. You win. Where you go doesn't matter for the largest group of kids (white kids, UMC kids) but for URM and immigrant kids, it can make a difference. Grind away. Be terrified that if you don't get into HYPSM, you should just give up on success and are doomed. |
Those who claim the college they went to changed their lives ignore the very high likelihood that another, even less-selective college would have changed their life for the positive the same amount or even more. It's a common misconception that the college matters a lot, when the reality is that each individual's success is by far influenced by their own efforts more than the school they attend. The study I assume you're referencing is probably Kruger and Dale, which says there is a very small advantage financially to first-gen and low-income students. The URMs they refer to are Black and Hispanic students. I do agree with you that there's no need to denigrate colleges that are obviously fabulous, although they are sometimes not the best match for those who covet them the most. There's also no need to get nasty about state schools, which can also be amazing places. It's quite possible one of those 'mediocre' state schools would have set you on the same path that it sounds like you're enjoying. |
I doubt the company you work at is making decisions the way you think they are. If they are, then they're not making the best decisions they could. In IT especially, there are an enormous number of very qualified candidates coming from state schools. Placing someone in a specific position based on the name on their degree is very short-sighted. |
Dale and Krueger is not the study they are referring…that study supports your view. There was a more recent study released with the last couple of months that seems to support the “elite school” theory. Part of that study tracked kids that were admitted to a top school off the waitlist vs those that did not. Supposedly the admitted kids had better outcomes compared to the kids that did not come off the waitlist. |
Okay, so the Raj Chetty study. a) I believe it has not yet been published in a peer-reviewed journal, which is not true of Dale and Kruger. b) The Chetty study states that it actually agrees with Dale/Kruger, except they say you're more likely to land in the top 1% if you attend an Ivy+ college. So if they're right and you feel the need to earn over $400k a year in order to be happy (as opposed to say $350k) then it might make some difference. c) In the Dale and Kruger study, those who attended an elite school were compared with those who were also accepted at an elite school but CHOSE to attend a less selective school. This was not true in the Chetty study, and it makes a difference. d) Ivy+ schools admit students at least partially on the basis of their likelihood of entering the top 1% of earners, and this is even more true of their wait list, which is what Chetty studied. e) the school climate (not necessarily the school itself, though) at Ivy+ schools encourages students to pursue careers that will earn them obscene amounts of money more so than other colleges, which likely influenced the results. |
PP actually doesn’t sound like they are enjoying their Stanford path. In fact, they seem overly defensive and insecure, maybe as they felt HYPSM was their only option. First-gen may be under the misconception that where you go to undergrad is critically important because in some countries it truly is and really dictates your job and financial opportunities. In the U.S., this isn’t as strong and there are a lot of super successful people from lower ranked schools (just look at any Big Law partner list, there are always a number of very mediocre undergrads for highly respected lawyers). |
Great synopsis, thanks. |
|
We say that RANK is not as important as many posters seem to believe.
Of course college is expensive and it is a formative period in a young adult’s development, so you want it to be worthwhile. Some of us think you ensure that through doing your homework and prioritizing fit, not pleasing the USNWR gods. |
That may be considered blasphemy here on this forum as many would sacrifice a lamb on the altar of the USNWR gods |