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Reply to "What really differentiates HYPSM from other elite schools"
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[quote=Anonymous]Interesting post, OP. My family has split ties to the Ivy East and Midwest. I decided to embrace the Midwest lifestyle but am not wholly at home there either. I am a bit too East Coast impatient. I have seen Ivies have become much more competitive in the last 30 years. However, I do not believe that a lot who go to Ivies want to succeed/leave a legacy. I think a lot just "want the best" (different than being truly successful) and the highest chance of becoming/remaining wealthy. I've seen the phenomenon play out in the older generation that middle class Ivy grads stay middle class and rich ones stay rich. So to me it looks a bit more like an upper class perpetuation machine. Until the Silicon Valley/Tech Bro phenomenon emerged, there was very little emphasis on founding businesses. Even now, that is more of a niche preference - more of a Bezos and Zuckerberg male engineer/business grad mindset. My understanding is that a huge amount of Ivy students go into consulting and after years of corporate work and seeing where my top MBA grad school peers went after consulting, I'm not particularly impressed with what that whole path contributes to society. To me the consulting industry exists because corporations no longer want to hire high-priced young employees long-term if they don't have to. I personally think there's going to be a dilution of influence of the Ivies because they are so small and don't have plans to grow. Stanford has already managed to pull itself up into the pantheon. Penn is a lot more popular now that Philly is more gentrified. So a lot depends on regional economics outside the schools. In 20-40 years, there may be a few more Stanfords depending on where the economy goes. Or maybe "the best" will be trying to get into Chinese and Indian schools! The desire to stay or get rich will drive applicants.[/quote]
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