Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I believe they have the highest percentage of grads going to work for hedge funds of any college.

Unfortunate, if true.

Being paid almost 250K in your first year out of college is attractive to some people. Caltech has traditionally had higher Pell grant population than a lot of Ivy+ so money might mean more to them than solving cold fusion.

The problem is few undergrads going into the workforce are going to have the opportunity to solve cold fusion. CalTech has a high per capita company founder rate, so that is encouraging.

However, just going to work for FAANG is going to be a pretty boring job for these kids. FAANG today = IBM 1980s...they are massive companies with tons of rote jobs and lots of bureaucracy.

At least hedge funds tend to be small, flat organizations where you get to use some of those off-the-chart math skills...and yeah, get paid a ton to do so.

Anonymous wrote:An incredibly awful place to go to college.

I went to grad school there and I would seriously think twice before sending a kid there for college. Good place for grad school; terrible place for college.

Big, big caveat: This was two decades ago. Things may have changed. But I'd want to see evidence that Caltech wasn't still overworking and underpreparing their undergraduate students. What do I mean by that? The kids got SO MUCH work (five demanding classes per trimester; not how the trimester system should work) that they were all just doing the bare minimum to get by. As a result, they were seriously burned out, and they crammed each term and then forgot everything.

Anonymous wrote:

Anonymous wrote:I believe they have the highest percentage of grads going to work for hedge funds of any college.

Unfortunate, if true.

Being paid almost 250K in your first year out of college is attractive to some people. Caltech has traditionally had higher Pell grant population than a lot of Ivy+ so money might mean more to them than solving cold fusion.