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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Do elite schools actually matter? Besides prestige and connections, what are the pros?[/quote]

I have heard from parents of MIT kids of them getting summer research internship and earning 50K over 3 months which pretty much covers the difference between in-state and out of state tuition (MIT does not give any merit based scholarship since it is pretty much the whole school; only need based scholarship). After graduation I have seen them earning twice more than my salary after 20 years of exp in IT. Lot of T20 school kids end up starting their own startups as well with their classmates. There is a reason why students and parents (like us) crave for top schools. [/quote]
Parent of freshman at UMD that is doing same thing.  Not making 50k but more than enough to pay for tuition.  [/quote]

Well, how much is it?  Obviously, if they make 1/2 that much and you are in state your are covering tuition, but it’s not $50k.

So…it doesn’t sound like it is the same at all.[/quote]

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