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[quote=Anonymous][quote=Anonymous]https://www.wsj.com/us-news/education/the-elite-college-myth-268c4371?st=zZtGi8&reflink=desktopwebshare_permalink

Excerpt from his new book.  His basic point is that career paths are more affected by personal ties, such as what region you come from, than the brand of the school.  He claims that Ivy-plus outcomes are no different than highly ranked public universities such as Texas, UCLA and Ohio State (although I wouldn't put Ohio in that list, LOL) for most fields.

The problem, of course, is that in the DMV, desirable career paths are affected by the brand of the school, hence the worrying and lamentations on this board.[/quote]

A quote from the article comparing elite WL admits to those WL at elites and went to the flagship:

“The graduates of elite colleges outperformed those who went elsewhere in three key ways. They were 60% more likely to have earnings in the top 1%—that extra lottery ticket. They were nearly twice as likely to attend a graduate school ranked in the top 10. And they were three times as likely to work for a prestigious employer, such as a research hospital, a top law or consulting firm, or a national newspaper.
But when it came to earnings, Deming found that the average income of Ivy-plus graduates was pretty much the same as those who went to selective public flagship schools”

In other words, elites benefit. 
Maybe it is intellectual bias as a family of research MDs and top-law lawyers but I care more about the intellectual prestige of a job than the exact $ earnings. Being a 1% earner would not get me anything different than my 2%er salary, and wife and I love our jobs. [/quote]

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