I work at a non-profit, and both the CEO and CIO graduated from Harvard (BS from Harvard, MS from Oxford, and JD from Harvard), and the CIO graduated from University of Chicago with an MBA from University of Chicago Booth school. The Chief Legal Officer attended Bowdoin and JD from Harvard. The CFO attended Harvard with an MBA also from Harvard. All of them make over 2M/year. I guess you can see there is a pattern here. |
Typo on CEO and CIO. Should be CEO. |
Yes, the pattern here and elsewhere is that none of them got their C-suite jobs because of the names on their diplomas. |
$2M/year at a nonprofit…. |
Many hospital systems are technically NPOs and pay a ton...you also have groups like the Gates Foundation and others set up by super-wealthy folks that would think nothing of paying top management $2MM+. |
The moral of the story is not about how much you know but who you know (or who know you). |
It would be so interesting to be in the same room as the rest of the posters here for just one night… |
So? If both get rich, the expensive private is a drop in the bucket. But they odds and expected value are higher in one case. |
Look at which companies are the top hiring ones from ivies/stanford/MIT/CMU/Berkeley etc CS and which are the top from T40-100 state schools. it is a very different group of jobs open to elite grads: more management-tech jobs or top of team jobs with more upward mobility potential. The salaries fresh out are about 120k vs 90k until 2024....2024 has had a huge decrease in hiring for CS. Only the elite schools have continued to get hired at the same rates as prior years. 2023 data shows the beginning of the CS bubble bursting. When this happened in the early 2000s the top name schools weathered the storm a lot better. Plus, those schools are favored in top-cs/engineering MS/PhD hiring, serving as a backup if needed. MS at top schools in tech are often funded. All phDs worth getting are funded, and the best ones provide summer funds. |
ROI alone is not the main goal for many of us. The most challenging curriculum coupled with the most intelligent and creative peer group /faculty is the goal. The educational environment of an elite private U or LAC is vastly different than all but about 5 state schools, and moderately different from those 5. If it were not worth it these schools would not continue to have application increases year over year |
That’s pretty disgusting. |
Mine are at different ivies and that was a main goal. Both have said for the first time they have a large group of friends who like learning and want to discuss what books they read for fun, what research they do with professors, and interesting classes. Elite social circles has never come up. I only read about that on DCUM but it does not exist irl at ivies. Competition in clubs happens with some, but that is at Gtown, WM, UVa...everywhere. Sure they complain about tough professors sometimes but they also respect the tough yet good professors. They each had only 2-3 students who "got" them in HS. Those others went off to elite/ivy or top LAC or W&M which overlaps a lot with the intellectual vibe of ivies. Ivies are highly intellectual and yet also down to earth kids. There is far more socioeconomic diversity than their DMV private which had no poor kids. Racial diversity too which is great. |
It’s called brand marketing. My high stats daughter was flooded with personalized letters, brochures, you name it from the Ivies including Harvard and Yale (and many Ivy+). She chose not to apply. Is very happy at a top public with interesting and challenging courses, engaging and accessible professors, and intelligent and fun peers. The resources and opportunities at her in-state public are endless. Many state publics know how to do it well. |
I so want this for my kids who love to discuss current events, books, anything and everything. They found that the move from private MS/HS to public HS has helped them find more of their kind, which surprised me. We feel so fortunate to have found a high performing public school system with diversity and grounded families. I'm crossing my fingers that the admissions process still works and that kids who love learning are getting into the top schools. |
How? Financial aid? Genuine question. |