ofc.... why we haven't cured cancer after we have so many genius for so many years.... |
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| Selling prestige has reached tipping points. So many truly intelligent folks started their own companies bypass colleges. The real capable ones don't need to buy in these vanity lies. |
Drop the Mudd nonsense, it's a great school but nothing special relative to the Ivy+ or a dozen other SLACs. It's a bunch of engineers which his why their undergrad starting salary is high. It will stay high too but if you look at mid-career salaries it's tail is likely quite different than that of the top NESCAC SLACs and CMC because they don't send many kids into IB, top consulting and big law which is where the later career stage money is. The PP wrote a novel without saying anything substantive. Yes, the tails might look a bit different among the schools but the overlap is huge. And somehow in their world there is a significant difference between 97th percentile and the 98th but the world and admissions knows that it isn't true. There are over 60,000 kids with 97%+ scores every year and they have to go somewhere. The idea that somehow only the T10 create critical mass is dim at best. The study that is referenced is also misleading. The reason for the additional movement into the top 1% can virtually entirely be attributed to career gatekeeping. Access to IB, MBB, big law careers is what gets people into the top 1% and access is highly restricted to a certain set of schools. If you back those careers out of the data set I suspect you would see a reversion to mean for top 1% achievement. That means there are about 20 top schools SLACs and Universities which will drive overperformance when it comes to reaching the top 1%. Research using proxies like F1000 board seats per capita strongly supports this hypothesis as well. |
Ding ding ding |
Concentration of top peers matters, thus elite schools that have the max concentration matter, and can affect students in positive ways. The sky is blue. None of this is unexpected at all. |
Great but bamboo ceiling is real plus competent kids should start their own companies for that elite colleges matter less. |
| To be rich all you need is basic good math to gamble in stock market, many people do it without expensive elite school education lol |
Or you live in NY and one of the land grant schools at Cornell aligns with your interests. |
Actually, the opposite is even more true. Elite school dropouts and grads have a far easier time raising capital vs all others. The last Y Combinator class was over 85% from just like 15 schools. |
Doesn't mean you can't if you don't attend expensive schools, point is that is not a must. Everything is about opportunity cost. |
WSJ article this week on this |
Says someone without basic common sense. Why is DCUM so dumb? It’s just beyond my imagination. |
We did Emory vs Dartmouth https://www.parchment.com/c/college/tools/college-cross-admit-comparison.php?compare=Emory+University&with=Dartmouth+ Rice vs Cornell https://www.parchment.com/c/college/tools/college-cross-admit-comparison.php?compare=Rice+University&with=Cornell+ Vanderbilt vs Cornell https://www.parchment.com/c/college/tools/college-cross-admit-comparison.php?compare=Vanderbilt+University&with=Cornell+University |
That article illustrated the same statistical phenomenon - there is no contradiction in saying that those who are Y disproportionately come from X even though most X will not become Y (because the funnel is so narrow at the top). |