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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Do elite schools actually matter? Besides prestige and connections, what are the pros?[/quote]

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. [/quote]

How do you know it’s the institution and not the kid?[/quote]

It is definitelyv primarily the kid.  No question about it.

I went to a state flagship.  Killed it by taking advantage of lots of opportunities.  My kid is going to a T10.  The opportunities are different - but I wouldn't say necessarily better.  You had to look for the opportunities but if you were the elite in a public, your professors would give you a lot of assistance.  [b]The thing that is different is the peer group.  I was routinely one of the top performers at my school.  My kid can see that there are a ton of kids around her that she can learn from.  Also that can create things (companies, for one) that she would then have access to.[/b]  Its a different world.  [/quote]

+100

It is indeed a different world at the top schools. It is not the right fit for some, but for many it is a genuine launching pad to top grad, careers, companies, even for kids who are “average”. At the state schools or much lower privates you have to be top of the heap, but still some doors won’t open for you. [/quote]

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