This is so interesting. I heard of a study that tried to figure out how much college prestige helps with the job outcome using identical twins and found not much of a difference. But obviously not in your case. Maybe that is because they were looking for a job in finance? This is a field where college prestige still matters and top firms recruit mostly from target schools. |
Congrats to your uncle…but entrepreneurs as a whole fail like 90%+ of the time. God bless them because we need the 10% to succeed and the 1% to succeed massively. Maybe you mean those with the mindset will succeed, because it’s guaranteed that 90% of all actual entrepreneurs will fail. |
I just want my kids to be happy. |
Agree with your post, however Duquesne grads, including the law school, often do well in the Pittsburgh area thanks to loyal alumni. I have a nephew at Kennesaw State University in Georgia. Beautiful area. Low cost school for residents of Georgia. Nephew attends part-time as he is employed full time and does not intend to change employers. Employer pays for his schooling. Sure, Kennesaw State will not yield the same job opportunities as will a much higher ranked university, but few, if any,at K-State are looking to work on Wall Street, or in NYC or San Francisco. |
I think your failure numbers are grossly misstated/misinterpreted. The 90 percent rate must be for tech startups. The average small business failure rate is much lower. Plus business failure is not equal entrepreneurs failure, they often try again. |
This. Especially coming out of a private school. |
But what about if she went to Fitchburg? |
Are you kidding? More of us have kids at UMD than anywhere. |
I've been saying this for years.
My solid B student (with some A's and 2 C's) had no issues getting into several great schools - JMU, FSU, WVU, UCSD, and Pittsburgh. He picked WVU because they offered him the best package. He graduated with a petroleum engineering degree from WVU last May and went right to work making 6-figures. The work you do in college and the connections you make while there are what matter the most. He formed connections with his most important professors and TAs in the engineering department and followed through each time they posted about or told the class about internships. He had good internships every summer and parlayed his last internship into a job offer upon graduation. Did he get into his top choice of VT? No. Was he bummed? Sure. But his work ethic proved more valuable than name recognition for his success. |
Are you kidding me? Who the hell would write such a terrible thing on a forum where people are just trying to ensure their kids land well and are happy and productive adults?! To whomever wrote this- get therapy, because you have some serious issues. |
Jane Street is not accepting interns from anywhere else but HYPMS (possibly Duke, Penn and a few others) |
Amen. Tough crowd |
Your post lacks credibility because you make a firm declarative statement, then allow for exceptions; either you know or you don't know and are just guessing. |
I am an identical twin. Both of us completely on our own financially and otherwise since age 17. Twin was an All American D1 athlete, Phi Beta Kappa, PhD in Econ from a top 5 school. I did well myself, similar grades and D1 athletics and the very top of the class and law review editor at a top 10 school. My parents repeatedly called me a loser. One of my motivations was to crush people like you who call young people losers. Stand behind your insults. What did you do entirely on your own? |
My numbers are based on people starting true businesses with employees. The business failure rate seems lower than it really is because there are so many sole member S Corps / LLCs who basically consult for themselves and never completely fail because no rent, employees, etc. They still count in the numbers of new businesses. |