Reply to Sorry DCUM middle class, your kids are screwed for college

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes, we’ve been complaining about that here for years.  That’s why our high stat, heavy EC, volunteer kids mostly end up taking a scholarship to Big State U.  Our kids are too privileged for a hand up and not privileged enough for a handout.  No one cares about them. 
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Your kid’s education was subsidized both by the state and by a scholarship but you didn’t get a handout?

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No, they earned it with high stats and crazy hard work and they raise the test score and GPA stats for the school in return. As opposed to just the pure luck of being born into a wealthy or political family and getting an Ivy education that will continue to make them more wealthy than their state U middle class peers even if they had lower stats. [/quote]

Well I’m glad you think your kid is special but nobody else does.

They can definitely be rewarded for their superb work with massive merit aid at the University of Alabama or even full scholarships at many midrange (but very nice) private schools that cost $55k a year and not $90k a year.

Tim Cook, who is CEO of the richest corporation in human history, went to Auburn.

The current President of the United States went to U Delaware. The VP went to Howard. The Speaker of the House went to Louisiana State.

Success comes from talent and work, nobody hands it out at Yale.[/quote]

Anecdotes are really not an effective way to prove a point.  For every Tim Cook, there are 100 Stanford, Harvard, etc graduates or dropouts that have a net worth probably 100x+ of Tim Cook considering he was not a company founder.

At least use the founder of Nvidia as an example…though while he did undergrad at Oregon State he did grad work at Stanford.

The Google guys also credit Stanford and its connections far more than UMD.

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Steve Jobs went to Reed and dropped out.

Steve Wozniak went to UColorado and was expelled. Then he went to De Anza College (COMMUNITY COLLEGE) before transferring to Berkeley.

Most senior executives at Fortune 500s are not Ivy+ grads.

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So, again...your examples of Steve Jobs and Steve Wozniak are actually more questioning why college is needed in general vs. State U vs. elite school.

Most Fortune 500 Execs are not Ivy+ grads, however, something like 20-25% of Fortune 500 CEOs are Ivy+ grads.  They are still over-represented massively compared to the number of kids that attend.

I am in agreement that you don't need to attend these schools, but again, anecdotes don't prove the point.[/quote]

Speaking of data, 99.9% of workers will never become founders or Fortune 500 CEOs so why spend any time at all worrying about which school produces disproportionate outcomes when chances are your kid will be (at best) middle management or a GS-12 and not Secretary of the Treasury?

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