Do T20s actually matter?

[Anonymous]

Anonymous wrote:The kid who gets into MIT, Yale etc - would have done well coming out of a community college also

Yup. Agree completely. But you’ll never get the status chasers to admit that.

[Anonymous]

My personal opinion is that there is H/Y/P/S/MIT, and then every one else.

[Anonymous]

No, T20s do not matter.

My niece graduated from Penn State and landed a competitive finance internship. She and her peers are just as smart, impressive and accomplished as the kids coming out of HYPSM.

[Anonymous]

Sometimes. At least for careers where connections matter. If the kid doesn't have an "in" to where they need to be then sometimes that "Yale" on their resume gets them a 2nd look.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It matters a lot for business and finance jobs. If you want to go into investment banking, wealth management/PE, or business consulting it's A LOT easier from a T10/20 school. These firms don't have resources to recruit from all campuses so they only go to the top ones.

And a lot of other jobs right out of college.

I think you mean “And a tiny % of other jobs right out of college”

[Anonymous]

If T20 schools are so great, why can’t their leaders figure out how to clear a field full of fat ugly female antisemites?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Quality of the peer group is vastly different vs. non T20 IMO.

This.
The networking. The connections. The opportunities.

I went to a T-20 in the 90s and my siblings did not. There’s a huge divergence in earnings and peer group (my college friends and their outcomes compared to theirs)….

Agree with this. I went to a top Ivy, sibling did not. We both did fine in our careers and lives, but we went on to very different paths. And the people we associate with now are very, very different.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Do elite schools actually matter? Besides prestige and connections, what are the pros?

I have heard from parents of MIT kids of them getting summer research internship and earning 50K over 3 months which pretty much covers the difference between in-state and out of state tuition (MIT does not give any merit based scholarship since it is pretty much the whole school; only need based scholarship). After graduation I have seen them earning twice more than my salary after 20 years of exp in IT. Lot of T20 school kids end up starting their own startups as well with their classmates. There is a reason why students and parents (like us) crave for top schools.

Parent of freshman at UMD that is doing same thing. Not making 50k but more than enough to pay for tuition.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Quality of the peer group is vastly different vs. non T20 IMO.

This.
The networking. The connections. The opportunities.

I went to a T-20 in the 90s and my siblings did not. There’s a huge divergence in earnings and peer group (my college friends and their outcomes compared to theirs)….

Agree with this. I went to a top Ivy, sibling did not. We both did fine in our careers and lives, but we went on to very different paths. And the people we associate with now are very, very different.

This x1000

[Anonymous]

Anonymous wrote:Sometimes. At least for careers where connections matter. If the kid doesn't have an "in" to where they need to be then sometimes that "Yale" on their resume gets them a 2nd look.

Yes for sure it helps. I mean, I do this when I’m interviewing people - give the Ivy, Ivy-plus and T20 graduates more of a benefit of the doubt for a less than 4.0 GPA than I do for someone from Wisconsin or Maryland…..

[Anonymous]

Anonymous wrote:My personal opinion is that there is H/Y/P/S/MIT, and then every one else.

Knowing how hard it is to get into any of these schools lately, I’d say any Ivy, along with the ones you mentioned…

[Anonymous]

Anonymous wrote:No, T20s do not matter.

My niece graduated from Penn State and landed a competitive finance internship. She and her peers are just as smart, impressive and accomplished as the kids coming out of HYPSM.

How many competitive finance internships go to Penn State students? How many go to HYPSM students?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Quality of the peer group is vastly different vs. non T20 IMO.

This.
The networking. The connections. The opportunities.

I went to a T-20 in the 90s and my siblings did not. There’s a huge divergence in earnings and peer group (my college friends and their outcomes compared to theirs)….

Agree with this. I went to a top Ivy, sibling did not. We both did fine in our careers and lives, but we went on to very different paths. And the people we associate with now are very, very different.

This really explains or highlights the “outcome” differential…the difference in outcome might be more stark if you are 1G; MC or even UMC…..For those with generational wealth, the college won’t be a magnifier as to wealth or professional outcomes.

[Anonymous]

Anonymous wrote:If T20 schools are so great, why can’t their leaders figure out how to clear a field full of fat ugly female antisemites?

Good point.

[Anonymous]

Anonymous wrote:

Anonymous wrote:No, T20s do not matter.

My niece graduated from Penn State and landed a competitive finance internship. She and her peers are just as smart, impressive and accomplished as the kids coming out of HYPSM.

How many competitive finance internships go to Penn State students? How many go to HYPSM students?

Very few for Penn State I’d imagine.