Reply to Are only kids of wealthy parents in elite professions majoring in arts/going to elite colleges?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]STEM degrees from state school is a dream for middle class. [/quote]

Is this mentality keeping the MC from reaching the UC though?[/quote]

Totally. But MC STEM majors look for jobs at stable big companies, because working at a cool startup or founding their own company is much riskier — and even one month without a paycheck could mean disaster, eviction, etc until they have worked for years to build their own emergency funds.  They usually can’t live at home since their parents likely don’t live near the high paying jobs.  And the idea of pursuing a law degree, medical degree is a terrifying amount of debt. Finance might be good fit, but pedigree is a problem there since finance bros give side eye to poor culture fit. [/quote]

A lot of what you are saying must be based on hearsay..  The "rich" you talk about around here made their money as wage slaves (which includes a partner at a law firm or a surgeon).  A lot of STEM kids working at top companies make a ton of money by the time they are 30.  if they marry right (i.e. someone with a similar job) you are talking $700-$1mil HHI.  Nothing to sneeze at and surely something that will set them up to be worth $20+ millions (or a lot more if their stock options work out) by the time they hit 50.

Also, a lot of the enterprising ones go on to join startups at that point or do an MBA and go into finance.  I personally know a ton of Indian kids in Finance (either after undergrad or after an MBA) and almost all are doing extremely well (MD level or above at GS or VP+ at PE or venture capital outfits).   These are a mix of immigrants and first-gen kids and I don't see "pedigree" or "culture" as a problem they are facing.  Reaching those levels in your late 20s/early to mid-30s is impressive for anyone.

Same goes for med school/law school.  A ton of very MC Asian families send their kids to those schools and the kids end up doing very well.

You'll have to set aside the immigrant communities (East/South Asians, Nigerians, South Africans, etc.) for your "this mentality keeping the MC from reaching the UC" thesis to work.[/quote]

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