Reply to NYT: "Peak College Admissions Insanity"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I thought it was good and covered all bases, except one, that I continue to rant about.

Part of the reason there is so much competition for the top schools is because so-called elite employers only recruit from them. We need companies to see that there are tons of bright students everywhere. Just look at the girl profiled in the article who is clearly smart and likely has a ton of grit. She's going to Hunter College where no investment bank or MBB would ever look to hire from. Until that mindset is broken, things will not change. [/quote]

Until the mindset of “only elite employers for my kid” mindset changes, things will not change. [/quote]

THis 1000%

Majority of kids majoring in business or finance or math or whatever, do not have a plan to work in investment banking or MBB. Typically that desire is reserved for rich kids who grew up with parents who do that work or who live in NYC area and know people who do that.  But few 18yo say "I [b]want to be a high powered IB on Wall Street when I grow up[/b]"[/quote]

Every male interested in business in our graduating class’s non-DMV private does…maybe it’s a bubble? But yes they def do. And have the linked in profiles to match along with Ivy or T20 admits.[/quote]

I would bet most don’t know what the job actually entails.  It sounds glamorous and pays well…but it’s mind numbing and basically corporate hazing for two years and 100 hour work weeks.

I would encourage them to pay attention to AI.  Banks are starting to use it and the big ones believe it could displace 90% of analyst positions within 3-5 years.[/quote]

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