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College and University Discussion
Reply to "ARE elite colleges worth all the stress and striving and scandal?"
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[quote=Anonymous][quote=Anonymous]Isn’t Walsh’s mission supposed to be public service? There are significant numbers of graduates who go into private industry? If there are so many high-flying France people, why does GU have such a small endowment? [/quote] SFS alum here. I can't remember exact numbers as I graduated several years ago, but I would say at least 60% of my class went into private industry after graduation. Finance and consulting employers recruited from the MSB (the business school), the SFS, and the College - I'd say mostly the MSB and the SFS, though. In my house of six (3 SFS, one MSB, one College, and one in the nursing school), two of us went into banking/finance, two into the biglaw paralegal/law school track, one to a non-finance private employer, and one to medical school. I think part of it is that DC is such a competitive market for think tank/government/international relations type positions that many entry level positions (at least when I was looking) required a master's degree and/or qualifications beyond the basic BSFS we were all getting. I have no idea why the endowment is still so small; I would guess that maybe there aren't many alums in finance/other fields who are making enough to donate millions to the school. Georgetown's explanation, at least while I was there, was that they only started actively building the endowment in the '70s, as the Jesuit administrators prior to then weren't as focused on money as other similar schools were at the time. I do get emails from the alumni association and I think they did quite well in the most recent development campaign, which ended in 2016 or 2017.[/quote]
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