Reply to What an Ivy league education gets you

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[quote=Anonymous][quote=Anonymous]The study cited in the Atlantic article states:
[quote]we show that attending an Ivy-Plus college instead of the average flagship public college
increases students’ chances of reaching the top 1% of the earnings distribution by 50%, nearly doubles
their chances of attending an elite graduate school, and almost triples their chances of working at a
prestigious firm.[/quote]

Some questions I have are:
1. What does this article actually mean? How common are these outcomes? Should a parent who sends their child to an Ivy League school expect them to achieve the outcomes listed above? Does the article show that an Ivy League education makes a person more capable? Or does it show that  just having an Ivy League degree [b]confers favorable treatment from certain employers?
[/b]
2. Do I want these specific outcomes for my kid? I mean obviously it's better than being unemployed and destitute, but this level of wealth is not something I personally strive for nor do I think it is what is best for my kid. I truly have no.regrets about not working for a "prestigious firm". F that ish[/quote][/quote]

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