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College and University Discussion
Reply to "Is getting a college degree just a huge scam?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] No one is really "full pay" at a nonprofit college; the endowment is helping to pay. College rankings are something of a scam; a top-whatever school isn't generally that different from a school twenty points lower, and the lower-ranked school may be a better fit for a lot of kids. [/quote] Yes, I concur. The quality of education isn't that different, but the outcomes can be significantly different. Even among the T20, the Ivies and Stanford+MIT place much better (per capita) in top professional schools, finance, consulting, tech (generally the most profitable industries) over similarly ranked non-ivies and opens more doors to elite jobs. Top hedge funds, quant trading firms, private equity recruit ivy leaguers straight out of undergrad without even the need for a MBA. [/quote] But most people aren't going to get those jobs, and most people don't want them. The more interesting question to me is how financially secure students from across majors and backgrounds do https://www.nytimes.com/interactive/2017/01/18/upshot/some-colleges-have-more-students-from-the-top-1-percent-than-the-bottom-60.html?action=click&module=RelatedLinks&pgtype=Article[/quote]
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