Reply to Alabama for free or a more elite school that is less than free-ride?

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[quote=Anonymous][quote=Anonymous]Different PP (the "who keeps bringing up Harvard?" PP). The Harvard grads I know are go-getters but generally in mid-level jobs, with the exception of one real standout in the Administration. Which proves... nothing! We are all talking about very small sample sizes.

But a correction seems necessary. By "do better" 21:20 is probably referring to salaries. Studies have shown that Harvard grads to better salary-wise, [b]right out of college[/b], than grads of much less competitive schools. I don't think that's even up for debate. Employers see the word "Harvard" and assume rightly or wrongly that anybody who got in must be smart and hard-working. That's called "credentialling" because the Harvard degree is a sort of credential that gets a kid in the door for one of the 10 interviews. (OK, the kids start with a leg up, but what they do afterwards depends on them.)

Agree with the point made earlier that something like 0.03% of students go to Harvard, which leaves plenty of great jobs for hard-working kids from even the less select colleges.[/quote]

I'm the PP who noted that 0.03% of college students are enrolled at Harvard. Just want to note that important qualification you make above is "right out of college." Studies have also shown that over the course of one's lifetime, the marginal value of a Harvard/elite degree declines to zero.

But as you also note, why the heck do we continue to talk about Harvard?[/quote]

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