Don't know for certain, but I suspect Top students almost always apply to their State flagship/top publics. It's an acceptance that is most affordable if nothing else pans out. My kids did the same in our state. They had no real intention of attending, but you apply just in case something changes and you need to go somewhere affordable and closer to home. With the crap shoot that T25 are and many 25-50 are as well, I believe most kids apply to 10-15+ and that includes some targets/safeties that will be affordable (state school) but they really don't want to attend. |
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Rich people are a lot richer. And there are more of them. There are a lot more people for whom $90k a year for private is NBD because their net worth is $5M+ and rising by the day.
There are a lot more kids of Asian ancestry who test really well and work very hard and lust after T20 schools. |
No, (DP) it would indicate that they entered the workforce with only a Master's degree from a Public U (not T25) and got the same job as Ivy grads with PHDs---govt so they all started with same pay. So at 10 years younger, the PP started the same job with the same pay as people with 10 years more experience and a T25 degree. It exactly proves the point that it doesn't matter where you got your degree. Their elite/T25 degree did not get them anything more than the person "with a lowly degree from a public state U" (sarcasm folks). And that's the case for the majority of people. Outside of investment banking and private equity jobs, it largely does not matter where you got your degree. Even in Tech, FAANG companies hire from more than elite/T25 universities, people from GMU get hired as well (not even a T100 school). So even for getting that first job, where you attend does not matter that much. Smart people with drive make connections and build networks at state schools and use their networks wherever they are. Upper management is not filled with people from T25 schools. There are plenty of highly successful people from no-name universities. My partner is an executive---on their team of 15 only 1 has a degree from an elite university. Most have a degree from schools ranked BELOW 150, some really obscure no-names included. Yet somehow they made it to the E-suite. They are all mulit-millionaires due to their hard work. There are even 2 who actually do NOT even have a completed college degree, yet they have worked their asses off and proven themselves and moved up (known one for 20+ years and had no clue until recently they hadn't completed college). |
I get all his...but PP gave a very bad example. PP said that nearly all the people with which PP worked attended Ivy/elite privates. Hence, the odds of getting that job were much higher by attending an Ivy/Elite private. Also, he didn't say they had 10 years more experience...just that they were 10 years older. His point would be valid if he said it was 50/50 between private and State U. You gave a great example. That's all...next time provide an example that proves rather than disproves your point. |
The factual info presented is probably correct but the analysis is flawed. Let us say that only 20% of the top positions at whatever "top" companies or industries are from the Top 20 schools. 80% are of top positions are filled by students from non Top 20 schools. Top 20 schools graduate less than 1% of graduates yet they would hold 20% of the top positions. So even if you do not need to go to a Top 20 school to get into a top position, the student outcomes in terms of income/top positions is 20x better for a Top 20 school student than a student who is not going to Top 20 school. There is a popular college book that noted that 80% of CEO did not go to Ivy schools and came to the conclusion that the school you go do does not matter. The Ivy's graduate less than 0.5% of students and they make up 20% of CEO's. So your chances are 40x higher going to an Ivy than a non-Ivy. |
Yes? SC residents are going to apply is USC and Clemson. Lots will get into both, they can only select one. Many of them will also apply to College of Charleston. Again, they can only select one. There are kids who plan to go OOS or to private school who will also apply to in state publics as safeties with no intention of ever attending |