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[quote=Anonymous][quote=Anonymous]There was a time, up to the mid to late 1980s, where the college you attended mattered.  But then the slow but unstoppable push for diversity for diversity’s sake began.  Schools began to offer more and more money to “underprivileged” students to diversify their student population.  At first school’s worked hard to make sure that the students had the requisite talent to succeed, but as time wore on it became a numbers game and student quality no longer mattered.

The 90s and early 2000’s saw the rise of diversity in the faculty ranks, again at first with positive results.  But it too became a numbers game.  Now we have university leaders who got to where they were via falsified research and plagiarism not talent.

The top schools up until recently skated by on their reputations but the facades are crumbling.  Now companies still recruit at top universities but have branched out to find true talent.   They do their own preemployment testing to separate the high performers from those gifted As to avoid parents complaining about Larla and Larlo not getting As for $100K a year.

So, you now have parent’s complaining that they spent mid six figures on an Ivy League education only to have their kid working at the local grocery store.

But gotta keep that consulting gravy train rolling.  
[/quote]

People love to rewrite history.  Your college mattered very little until around the 1980s.  Few people went to college and like 95% went to college either right down the street or really no more than like 50 miles from home.  The Ivy League schools rarely accepted poor kids and FA was minimal (though cost was much cheaper as a percentage of HHI).

You would see far more people on Wall Street as example that either skipped college entirely or just went to a college in NYC (really any college).

It actually really started to matter at all starting in the 1980s until actually the present as far higher percentages of kids started attending college.  However it’s not just going to a tippy top school but rather a top 100ish school.

There are still plenty of places that DCUM professes to hate (hedge funds, MBB, PE) where tippy top gives you a huge advantage.  Selingo even admits as much in this article.[/quote]

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