Reply to UVA with Jefferson Scholarship vs Harvard

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How much is the different? 300k?

If you have it saved up for college, yes Harvard is worth the difference given your kid is a go-getter and takes advantage of the opportunities presented by Harvard.

If its loans, how much loan? $100k may be reasonable if your child is majoring in CS, but not reasonable at all if wanting to go to graduate school or majoring in the humanities with no interest in consulting or finance.

And by opportunities presented at Harvard, I don't mean networking with future politicians or titans of industry. Those doors are generally entirely closed to anyone other than the wealthy and already well-connected. I'm talking about practical benefits like recruitment from elite finance/consulting/tech firms. Tech is more meritocratic but Harvard brand still holds quite a sway, especially in algorithmic trading firms.

[b]A student at Harvard with a 3.0 in History with no impressive extracurriculars would get invited for elite consulting/finance firms while the same student at UVA would need a 3.8+ GPA from McIntire to even get a preliminary interview. Many elite firms don't even recruit at UVA. 
[/b][/quote]

This is so, so true. All the finance guys I know from Harvard studied Government, History, and even Art History. One was busted cheating on a test and Harvard put him on probation for a year and made him graduate one year late. All of them went on to very well-paid careers in finance, no need to take a break for an MBA. They made partner at Goldman, became lead traders, went into buy-side, or private equity. They are now starting to retire in their mid-40s.

It's a f#cking racket.[/quote]

The saying that the college does not matter or that it only matters for the first job is such a lie.

Yeah, it does not matter if you want an average life with a 9-5 making $70k a year and a mountain of mortgage, bills and future college tuition to worry about.

If you want to be wealthy, work at elite firms, work in upper management or comfortably retire in your early 40s or even 30s, certain colleges make those doors wide open for you. With most colleges, you have a better chance of winning the lottery than achieving such outcomes. [/quote]

C'mon, man. You can't just make stuff up and expect people to believe you.

Here's where the CEOs of 100 recognizable US companies went to college.....

https://lesshighschoolstress.com/business/

Here's the upper management at top biotech firms.....

https://lesshighschoolstress.com/biotech-pharma/

And top tech firms.....

https://lesshighschoolstress.com/lists/tech/
[/quote]

This doesn’t seem to say what you think is says. For tech companies,

“Over all 10 companies, 23% of those who did complete their undergraduate studies in the US attended MC25 colleges, which is a bit lower than the percentage in most of the fields listed.”

I would say that having nearly a quarter of your management coming from 25 colleges is impressive from a numbers standpoint. It’s possible to get there from a non t25 school but it is far more helpful to have gone to a t25 school. And tech is the field where it is least helpful.

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