Reply to What would anyone work so hard to get into a top college if it doesn’t lead to a better career?

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[quote=Anonymous][quote=Anonymous]I would argue that [b]if your parents are rich and well connected, it doesn’t matter if you go to Towson or Harvard, you are going to land [/b]a top job somewhere. Mom and Dad are going to make sure you are at Harvard though after they finish paying for Sidwell since it’s expected in their social circles.

If you aren’t in those well connected circles, your child can work hard and still end up at Towson. If they are lucky enough to hit the lottery and get into Harvard on their own merit, the top job of Wall Street may come down to how well they network while attending Harvard. [/quote]

Rich and connected does not help one get a lucrative job at MBB, JP Morgan, Jane Street. You have to be from a target school and have the goods. 
Same with medical and law school, and phD: you have to have the intelligence and talent. Wealth and connections do not help on MCAT, LSAT, or getting the 3.9 at college. 3.9 at Ivies and the like will always be far more impressive that 3.9 at Rutgers. Employers and professional schools favor certain undergrads due to the relative talent pool of the peers. 
A mediocre kid whose wealth and connections get him into Harvard will not be able to compete for med school in that environment, likely will be bottom quarter 3.6, but can use the connections and the school name to help with job and could get more of a sales or admin type role at a big name company. However the non-connected student who belongs at the ivy academically will run circles around the connected one with regard to careers that evaluate for intelligence(med, law, phD, quantitative finance)[/quote]

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