After reading the Forbes article, “Do Ivy League Schools Still Matter?” I agree, more selective school on average give people a better chance at financial success. This doesn’t mean your college experience will be better or that you will be happier or even guaranteed financial success, but it does give you a better chance at it.
Ivies
and selective school attract a lot of big name recruiters, which gives students
an advantage early in their careers. Also
Ivy Leagues offer stimulating interaction with some of the world's top
professors and students. The Ivy League degree doesn’t necessary mean that
their performance will be better than someone who went to a lesser known school,
but it does raise employers perception of that person’s initial performance. "There
is no question my Ivy League education opened more doors than would have been
opened with the same credentials from a non-Ivy League school," says Menack,
who worked for a prestigious New York law firm."There
is an aura about an Ivy League education that gives you instant
credibility," says Kathleen L'Esperance
Typical graduates that attended an Ivy leagues earn more
than twice as much as people who went to other schools.
The other week I used Uber car service for a ride, and I was
talking to the driver and somehow where he went to school was brought, he said
he had attended Berkley University of California. At first I did not believe him, but he
explained that he used to live in Hinsdale, in fact his kids went to Hinsdale
Central, but he lost his job. And now…
he drives for Uber, at least until he finds another job. Berkley is definitely considered selective. This is great example of how
the school you go does not always guarantee success in life. That just goes to
show you that it doesn’t matter where you attend college you could still end up
an Uber driver… The theme, that I have
noticed, from reading many article on the subject is, again, job success is not determined
by the school but rather the person. But one could make the argument that the
character, talent, intelligence and drive of an individual got them accepted to
the selective school in the first place. A lot of the time an Ivy diploma gives other people the a preconceived perception of that a person’s initial performance is better.
On my
next blog post I am going to explore how loans effect college students. And is
the debt worth the higher education?
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