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Reply to "Is Harvard over-rated?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Goldman Sachs of 20 years ago is not the GS of today. They are not interested in history and English majors from Harvard anymore. They simply cannot do the math required. Sea change. Physics, CS, math (4 years of rigorous college level math with all As), and engineering majors are who they after. If you are into quantum computing, especially, you will have MANY offers. Same holds true for private equity, venture and hedge funds. They are not interested in the folks who barely passed BC calculus. If you took Math 55 at Harvard, you are probably still in the game.[/quote] Tell that to my kid’s rooming group who have multiple history majors going into finance. It’s not changed that much. Quant is not GS. [/quote] People with above average intelligence won't come to a conclusion based on a few examples they know. [/quote] What do you think the DOE data is? When the statement is that it is impossible to get a job, actually knowing a few counter examples is all you need. [/quote] The fact is that after three years of harvard history degree, the median salary is $60K for whatever reasons. A few examples don't mean shit. [/quote] So, here is what I don't get. The median salary for the Harvard history major is still significantly higher than the median salary for the Northeastern (and basically any other school) history major. I believe DOE said it was $37k for Northeastern. It is unclear to me why anyone should think that a Harvard (or any) history major should make more than a random CS major, or even an accounting major. Many of the Harvard history kids will probably go to law school or some other graduate school, or they come from a wealthy family and it is a lifestyle career. The Harvard history major is still making 62% more than the Northeastern history major. So, it does not appear over-rated. This apples-to-oranges analysis makes no sense. It was pointed out earlier that the Harvard CS majors are paid quite well, especially compared to a Northeastern CS major. Again, like a 60% premium. [/quote] So premium majors matter much more than premium brand school names. Below is overall 10-year-out from the begging of colleges. - Boston College - Average Annual Cost $37k, Median Earnings $93k - Harvard - Average Annual Cost $14k, Median Earnings $85k - Northeastern - Average Annual Cost $30k, Median Earnings $80k Harvard seems very overrated. [/quote]
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