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Originally Posted by sebastian_dangerfield
I see a lot of well-heeled folk whose kids took the prep school route going to big state schools, and a lot of southern schools. Idk why. These people can afford the freight for private colleges in the NE.
I think it comes down to hiring afterward. You can go to a fancy school and get a liberal arts degree and you're still only as hireable as a kid who went to a state school and has a STEM degree.
(That stuff about hedge funds, PE, and banks wanting liberal arts majors to create a more well-rounded workforce is BS. First, they're trying to eliminate everyone they can with AI. Second, the English major from Haverford is only getting hired at a fund because he's Greenwich money and his uncle is in the Senate.)
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Kids who can afford to have choices often end up choosing schools they want to go to, and, at the risk of being argumentative, I'm not sure what you've said here is getting at what those kids are thinking.
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YMMV, but big state schools like MD, PSU, OSU, and MI have become far more competitive in recent years.
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The top schools (e.g., Michigan) are not getting any less selective, and some schools (e.g., Northeastern) have managed to elevate themselves. But on the whole, enrollment is down, and many schools have do what they can to fill out their classes.
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I think the NE/Mid-Atlantic is dusty, and backward. Sclerotic. Galloway is a good example. Guy went to UCLA, had middle of pack grades, and went on to make a fortune. Here, there's still a bizarre class thing about undergrad. I went to a private HS and college. If someone asks me about them, I immediately assume that person is a jackass. If someone tells me, "Oh, well, he went to [insert school]" as if I should be impressed, I immediately register that person as a dimwit.
YMMV, but the older I get, the more I realize my old man was right about school. "It's a badge. Advertising." I see little difference in terms of life outcome between the friends I know from college and HS and those I know who went to public HS and state universities. The NE's fixation on school is social climbing nonsense.
But, if one gets into an Ivy, he still must go. The free marketing that provides for the rest of life is just too good to reject.
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One thing I like about California is that people are much less interested in where you went to school. A recruiter told me the other day to play up my Ivy on my resume, and I was a little surprised, but then I remembered that he was in Northern Virginia.