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College and University Discussion
Reply to "University of Chicago"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Kids call UChicago "the place where fun goes to die" and "ChiRaq". They say its for kids who didn't get into the Ivys and Stanford/MIT and have a chip on their shoulder to keep saying its on the same the level. Cross admits for Univ of Chicago vs. any Ivy or Stanford is woefully low. [/quote] Or the salary and ROI rankings for that matter. Some parent just posted this on the college confidential forums yesterday and let the facts speak for themselves. https://talk.collegeconfidential.com/t/low-graduate-roi-compared-to-peer-institutions/2804371/12 All of a sudden, the cantankerous Chicago boosters on CC went on radio silence. [/quote] Being in flyover country hurts the high $ recruiting. If you're a prestigious NYC bank or Boston consulting firm, it's easier to recruit all the kids you need on the ACELA than popping over to Chicago to interview a few dozen Chicago and Northwestern kids. Same for West Coast tech -- if you're based in Seattle or California, you can find all the kids you need on the West and East coasts -- that stop over via O'Hare is an annoying time sink.[/quote] College ROI has been debated on other threads, and anyone who is paying attention knows that the numbers, and the rankings using them, are useless. ROI is based on graduate paychecks, but the paycheck data doesn’t take into account major mix (schools with more engineering, CS, and finance majors will rate higher), cost of living (schools with hordes of graduates in large coastal cities will rate higher), industries (consulting, investment banking, and tech will rate higher), and graduate school (humanities and social science degree graduates frequently make their big bucks after attending MBA, law, or PhD programs, which is not included). HR rules, particularly at large companies, mostly ensure that peers with similar degrees doing similar work get paid nearly the same. So school doesn’t matter when comparing like jobs. So where does school matter? The opportunities you get. Those opportunities could be a choice job, an awesome graduate school, or an interesting spouse. If you work hard and are lucky, you get them all. [/quote]
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