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[quote=Anonymous][quote=Anonymous]

That's a cool story but peers honestly do not help you get jobs when you are in a high powered profession with actual skills involved. If you don't have the ability and intelligence, no amount of networking is going to help you unless you are from a filthy rich family. Also, virtually no networking occurs at the undergraduate level, at least not important networking. Even in ivy league graduate professional programs, alumni networking and school loyalty play a fairly small role in ability to move up in an industry. In the top firms in most industries, there are many checks and balances concerning how subordinate evaluations are conducted. For example, at many top consulting, accounting, and finance firms you have to be evaluated by multiple superiors, and they then have to take your ratings and reviews to a central meeting among partners/directors/etc. who then benchmark across multiple offices and come to joint decisions about who gets promoted, who gets what raise, etc. The only way "networking" would in any way help you is if multiple of your powerful superiors happened to be networked in with you due to school loyalty or experience, and then put more weight on that than your actual value added. I think "networking is the reason to go to top 20 schools" is just something parents tell themselves to justify wasting a bunch of money. I say this as a professor who has both professional degrees from and has taught in the ivy league.[/quote]

Are you arguing that any ivy league education isn't a good ROI for a family that can afford it, but isn't filthy rich (for example, HHNW of $3-5m) whose child is bright enough to get accepted?

Some of my my best friends and clients are former classmates, but I suppose that might also be true if I attended a public university.  [/quote]

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