| You don't need to go to a top school to get a top job. But going to a school like MIT would be an amazing experience. |
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It depends on what your options are and how much debt you will have to go into.
That’s all it boils down to people. Don’t make this more complicated than it needs to be. |
yes, agree with this and have seen the same with regards to very high income kids. A huge part of maximizing an Ivy degree is having the confidence, knowledge and soft skills to know how to use it and these things are generally learned by example by watching parents, family friends, etc. it's fascinating to me as an upper middle class parent whose kids attend(ed) a NYC private. Their peers just have an expectation of success and they know how to get there. It took my husband and 20 years to internalize what some of my kids' 21 year old friends knew from the day the ink was dry on their diplomas. |
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And then the under-achievers inherit generational wealth at midlife and retire at 50.
You are still grinding it out. |
+10000 Non-DMV private here. See this every day. |
This^. Every country has some great colleges. In Pakistan, students from whole country competes for our top colleges. If you get in, your peer quality is top notch and your college experience is significantly different than rest of the country and opens up opportunities not available to others. Almost 75% of mine and DH's classmates are thriving in US, EU, UK, AUS, NZ, CA, UAE, Saudi Arabia etc working alongside similarly fortunate colleagues from competitive colleges of their own countries. |
That's one of the perks for sure. Your parents, future spouse, children and in-laws get to brag. |
Who cares? |
Yes but if parents can pay, don't fall for taking a car, wedding or downpayment instead. Those things aren't worth swapping for a desired college experience. |
Ones who were implying that somehow Indian grads aren't worthy of working at same level as Oxford grads, just because they don't know names of these colleges. PP's point is to emphasize the role peer quality plays in a college experience. |
I went to two top-tier schools (top 5s for undergrad and law), and the experience was absolutely worth it for me. And yes, I killed myself for years to get on the elite university track and stay on it. But the resources at my schools were unparalleled. There's almost no other place where you can take classes from and interact with Nobel Laureates and Pulitzer Prize-winning historians on a regular basis. I had weekly violin lessons from a concert violinist, giving me access to training that I otherwise would have needed admission to a top conservatory to get. With basically zero competition, I was able to get into the lab of a scientist regarded as one of the leading experts in his branch of science. Regarding job outcomes: there aren't special jobs that are set aside for graduates of elite universities, but I've seen my cohort have a really outsized impact. I think whether someone ends up in a high-impact job comes down to risk tolerance. If you go for a consulting or biglaw job, that's pretty low risk (there's a defined path to get the job, and a defined ladder to climb at the firm). You're pretty much guaranteed to make a large salary. But you're probably not going to have as big an impact. You might occasionally read in the news about a deal you worked on or a big case. But it'll be infrequent. The kinds of jobs in which you have a bigger impact require you to take a bigger risk and get off the well-defined career ladders. Things like medical research, public policy, starting your own business, etc. For those job, the network is really helpful--but you have to start from a place of loving what you're working on, and not doing it for the money. |
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I have more practical reasons. I worked too hard to be a donut hole family (full pay, but not without some pain). I don't want my kid to marry into student debt. My kid is at Yale where people are rich or they get FA. Very little debt.
My kid might not find a marriage partner at school, but this is their social circle now so it's not out of the question. |
What's crazy is that you think Michigan isn't a selective school that will offer a top student many advantages.... |
This is why there are kids out there who are middling to mediocre students in HS and who go to mediocre colleges who end up extremely successful in life while the valedictorian who grinded his/her way to an Ivy ends up living an unremarkable life (likely still pleasantly nice but not quite the same). It's also why there's a risk in overthinking or expecting too much out of a fancy college experience. Statistically speaking, upper class America is dominated by schools outside the Ivy League, not elite Ivy grads. The latter gets the attention but the former is the clear majority. By the way, a lot of Wall Street/finance talent comes out of certain sports teams at certain schools and those schools aren't exclusive to the Ivy League. |
Also meant to add that as a graduate of an elite college, I enjoyed every minute of the experience and it can be special and that much more gilded as experiences go, but there's many more factors involved in achieving great success than just a fancy diploma. |