Reply to Why don’t top schools have business majors

Forum Index » College and University Discussion

Reply to "Why don’t top schools have business majors"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Historically OP, employers desired liberal arts majors who could think and write.  I view are hundreds of years old and wanted students to focus on thinking.The WSJ did a good story on this that you can google. Now, of course, with college costs so high a lot of parents + students want immediate job prep...so they want a more trade school type approach to studying. BTW, my kid was an English major at HYP and was a self made millionaire by 30. Did internships in the summer on Wall Street thanks to HYP Alumni connections. [/quote]

Harvard English - $64,155
https://collegescorecard.ed.gov/school?166027-Harvard-University&fos_code=2301&fos_credential=3

Boston College Finance - $135.373
https://collegescorecard.ed.gov/school?164924-Boston-College&fos_code=5208&fos_credential=3 
[/quote]

Self-selection is a huge factor here.

I think it’s safe to assume that English majors at T10 schools are not prioritizing their starting salary.

These kids are either playing a longer game (law school) or choosing a different path entirely (lower income jobs/internships/entry positions in publishing/non-profits etc.) likely supplemented by family money.

Strivers are concerned about immediate ROI of their kids’ college education and major. The very wealthy (including beneficiaries of generational wealth) are not. [/quote]

This isn’t really proven out by the data.

The wealthiest Harvard students (admittedly not differentiating between a billionaire’s kid vs a mere millionaire) pursue the highest paying careers by a wide margin over all other income demographics.  Nearly 35% from that cohort.

The poorest kids are equally likely to pursue academia or highest paying jobs at 19% each.

[/quote]

Sure, but how many Harvard/Princeton English majors are disappointed with their salaries 10 years after college?

My point is that these are intentional choices that are not made with “maximizing salary” as the goal. [/quote]

I don’t understand the point.  PP said strivers are concerned about immediate ROI while wealthy or not.

I don’t know who the “strivers” are…but just saying the wealthiest Harvard kids are the ones that pursue the highest paying jobs the most…not the poorest kids (who I would think would be the strivers).  The poorest kids are also fine pursing low paying pathways even though there is no family money.

Now…maybe it makes sense because most wealthy people say striver = ambition.  The word for some reason is completely abused on DCUM.  The absolute wealthiest people in the country are on record saying they need to instill a striver mentality in their kids because they worry they won’t follow in their own striver footsteps and just count on a trust fund.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics