patrick.net

Bill Gates dropped out. Smart people don’t need college if they can figure out a business plan.

You wind up teaching yourself, anyway, and often have to 'unteach' the inbred, programmed atrocities inflicted by your educational institution.

Remember the saying, "Half of what I learned in school was wrong. I didn't know which half, so I had to learn all of it." That means you spend the rest of your life learning which half is which.

Ppl, do I have to continually repeat myself, the purpose of places like Harvard is to create a recruiting/networking ground for careers in banking and management consulting.

So if a person chooses let's say Fresno State over [ Harvard, Princeton, Columbia, MIT, etc ] , even though he probably has a full scholarship, chances are that neither Goldman Sachs nor Boston Consulting Group will ever give his resume/CV, the time of day.

In other words, he's stuck in regular jobs, yes, it can be at decent companies like Westinghouse or Honeywell, trying to build his profile, hoping to one day, land a spot at a business school like Chicago, Wharton, etc, where he can once again, be recruited by the big boys.

So the idea here is that the person who starts at a brand name cohort [ Harvard, Princeton, Columbia, MIT, etc ] gets into Boston Consulting Group, as a junior analyst, and after working on a few projects, goes back to Wharton for a 2 yr MBA, and then, gets recruited by McKinsey at a mid-six figure zone with a final career trajectory of either making partner or becoming a COO at a Fortune 1000.

Otherwise, you're stuck having to start one's own firm and let me tell you, it's not easy w/o deep pockets. In reality, it was our senior partners, all Ivy Leaguers, who got us the seed capital to build up this hedge fund. In a sense, I do owe something to brand name places like Wharton, Columbia, Univ of London for helping in corralling resources for business success.

Rin says

Ppl, do I have to continually repeat myself, the purpose of places like Harvard is to create a recruiting/networking ground for careers in banking and management consulting.

So if a person chooses let's say Fresno State over [ Harvard, Princeton, Columbia, MIT, etc ] , even though he probably has a full scholarship, chances are that neither Goldman Sachs nor Boston Consulting Group will ever give his resume/CV, the time of day.

In other words, he's stuck in regular jobs, yes, it can be at decent companies like Westinghouse or Honeywell, trying to build his profile, hoping to one day, land a spot at a business school like Chicago, Wharton, etc, where he can once again, be recruited by the big boys.

Thank you, Capt'n Obvious.

Ivy League is the proverbial 'foot in the door', make what you will of it. Aside from atmospherics of poncing about with the various entitled royalties of the nation, it opens a few otherwise closed doors that stay open for a while.

Of course, you'll probably meet more entitled royalties of the nation and ponce about with them in rehab than any college. That's just getting close enough to get your nose flattened on the glass.

Ceffer says

That's just getting close enough to get your nose flattened on the glass.

The problem is that many STEM types, from east Wichita state, find themselves working at a Honeywell Corp, just to meet a Bain consultant, who later outsources their dept to Russia ala Mitt Romney. So the question is although a regular person will never be Al Gore Junior, lazy, entitled, soon-to-be-senator, but at least he won't have delusions that that job at Honeywell was prestigious and valuable to a society where work is disposable.