Reply to For Which Elite Colleges and Universities Would You Pay Full Price ?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think everyone is missing the forest through the trees.

The OP's straw man...a MC kid that has an undecided major that will need to borrow $7500/year...likely has the worst outcomes when attending an elite school.  The low-income, 1st gen kids get all the university supports that help them find internships, get special tutoring, invited to corporate events only for them, etc.  The wealthy kids...well they are doing just fine.  The UMC kids for the most part at least know how to socialize, while not owning a yacht...certainly take European vacations and maybe have a 2nd home...they understand the importance of network, frats, etc.

The MC kid is most disadvantaged, unless they know the game from the start.  If they spend 12-18 months figuring out their major...well all the other kids that want to work at GS, McKinsey, VC firms, hedge funds have already staked out their claims.  In the meantime, because the picked an Elite College they don't really have the option of joining the Coca Cola management trainee program...because Coca Cola knows that nobody wants to work there from the Elite school so they go visit UGA and Clemson and those places (probably GA Tech because it is literally across the street).

Now, if MC kid is smart at least they pick an Elite school in a good career location.  If they go to Stanford they know there are hundreds of start-ups where they can probably land on their feet (even not as a CS major)...however, they still are likely not getting a VC job.  Same if they pick Columbia and can get internships during the school year with financial firms...and then hopefully parlay that into something.

However, if they decided to pick Dartmouth, Yale, Brown, etc....well then good luck.  You better know the game you are playing and get up to speed quickly.[/quote]

You have an interesting point, but a lot of the top firms recruit on the campuses of elite schools. The top feeders for Wall Street and the best consulting firms have always been the top schools, even if they’re not in major locations. Dartmouth, for example, has been one of the poster children for Wall Street and consulting for decades despite being in the woods of northern New Hampshire. The best NY and SF firms aggressively recruit at Duke despite it being in the South.[/quote]

I get that...but they aren't recruiting the MC kid who doesn't know how to work social connections, took 12 months to find their major, didn't join the Finance Club or equivalent, etc..  That is my point.[/quote]

The point is at elite schools the MC kids learn quickly how to get where they want. At other less prestigious schools the smart MC kids miss out.[/quote]

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