You think your college drop out kid is the next Larry Ellison? Cute!

IBM is actually pretty strong in AI

Oracle is a strange example. Literally until just this year, working at Oracle was the equivalent of working for IBM. Old, stodgy with a stock price going nowhere. Cisco is also in this category.

Oracle finally made the AI shift. If you look at its stock, it took until 2021 to get back to 1999 levels…and has increased 6X just in the past 12 months.

The point is the top kids had no interest in Oracle…just like they have no interest in Cisco these days. The folks that opted for Oracle are now getting rewarded, but it took forever.

Anonymous wrote:

Anonymous wrote:Anecdotes are not data. Anecdotes are not data. Anecdotes. Are not. Data.

Chetty et al have shown that elite T10 colleges give your kids a statistically SIGNIFICANT boost into getting into top 1% bracket.

Most data suggests that elite college students do well because they are capable of getting into elite colleges, and further, the bottom group at elite colleges may be be better off going somewhere lower ranked, where they would be the smart kids, not the relatively dumb ones.

+1

Studies consistently show that if you control for standardized test scores there is no noticeable difference in outcomes based on where you go to school. Unless you are a low wealth/income minority. Then it makes a difference.

Anonymous wrote:this is sick. Larry Ellison dropped out of UIUC because his mother died. He was highly intelligent and even got into Uchicago, but ended up dropping out again. An average college dropout will amount to little and earn less.

I also want to emphasize that Ellison started his career in the 1960s. A completely different world and environment than right now.

The American dream – outsourced for tuition dollars

Universities, intent on sustaining the inflow of international students and boosting their standing in outcome-based rankings, appear willing to assume the risks of fines and penalties associated with visa fraud. That very willingness exposes the lack of any comparable effort to support American students, at a time when U.S. graduates face some of the highest rates of unemployment and underemployment. The contrast is undeniable: Institutions will assume legal risks to advance international pipelines while failing to prioritize the success of their own country's citizens.

For American graduates, there is no OPT pathway, no payroll tax breaks for employers and no special incentives to make them more attractive hires than foreign workers. Instead, they graduate with rising debt and enter a job market where opportunities are shrinking, tilted against them by design. The outcome is a higher education system where tuition revenue and international recruitment take precedence, while American students bear the burden of diminished returns on their investment in education.

Anonymous wrote:Anecdotes are not data. Anecdotes are not data. Anecdotes. Are not. Data.

Chetty et al have shown that elite T10 colleges give your kids a statistically SIGNIFICANT boost into getting into top 1% bracket.

I don’t really want my kids in the top 1%.

Anonymous wrote:Anecdotes are not data. Anecdotes are not data. Anecdotes. Are not. Data.

Chetty et al have shown that elite T10 colleges give your kids a statistically SIGNIFICANT boost into getting into top 1% bracket.

Op went to university of Memphis

Anonymous wrote:Anecdotes are not data. Anecdotes are not data. Anecdotes. Are not. Data.

Chetty et al have shown that elite T10 colleges give your kids a statistically SIGNIFICANT boost into getting into top 1% bracket.

Not in tech.

Anonymous wrote:Anecdotes are not data. Anecdotes are not data. Anecdotes. Are not. Data.

Chetty et al have shown that elite T10 colleges give your kids a statistically SIGNIFICANT boost into getting into top 1% bracket.

Most data suggests that elite college students do well because they are capable of getting into elite colleges, and further, the bottom group at elite colleges may be be better off going somewhere lower ranked, where they would be the smart kids, not the relatively dumb ones.

Tiger High, baby!

this is sick. Larry Ellison dropped out of UIUC because his mother died. He was highly intelligent and even got into Uchicago, but ended up dropping out again. An average college dropout will amount to little and earn less.

I also want to emphasize that Ellison started his career in the 1960s. A completely different world and environment than right now.

Anecdotes are not data. Anecdotes are not data. Anecdotes. Are not. Data.

Chetty et al have shown that elite T10 colleges give your kids a statistically SIGNIFICANT boost into getting into top 1% bracket.

Oracle just name two new Co-CEOs.

One went to the University of Memphis. The other went to St. Joe's.

It's ok if your kid doesn't get into Harvard.

BTW, Oracle founder Larry Ellison (currently the richest person in the world) is a college dropout. Dropped out of University of Illinois. Relax and breathe.