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College and University Discussion
Reply to "My child attends an elite college. It is overrated."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]On the flip side, I work in finance and I routinely come across very highly paid people (high six or seven figures) who did not go to “top” colleges. I’m Gen X but even most of the millennials we employ don’t come from tippy top colleges. Some do but most don’t. So I’m always wondering why my experience of the world is so different from what “they” say. I made over 800k last year. I consider myself to be Avery successful. No one cares where I went to college.[/quote] Money isn’t everything. I don’t think anyone is saying that money = success. It’s more about prestige of institutions. Ie do you work for a FAANG or Goldman Sachs, etc.[/quote] So whats the difference then? Some people think money defines success and you think success means working FOR a fancy company? Shallow people are shallow. Did you ever work for Goldman Sachs or any such company? [b]Do you know what the burn out rate of the young grads who work there is?[/b] Why would you want that for your kid? Why would you put your kids in a rate race knowingly?? There is no end to this cycle? Fancy college->fancy company-> promotions->partner etc etc.. it does'nt end.[/quote] Bloomberg had an article a few weeks ago about how many of them feel so overworked and miserable that they actually made a presentation to management with the type of charts that they normally put in their pitch decks. It was funny and really sad at the same time. People also don't seem to be aware of the BS that passes for "work" and the ruthless up-or-out culture at these top I-banks and consulting firms. The "out" side of things is often not very pretty.[/quote]
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