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<p>You are up for rude awakening if you hold on to such belief. I realize you are still a high school student, as a result you may not have the most clear picture towards what actually goes on in real world.</p>
<p>Check out:</p>
<p>[Princeton</a> University - Career Services - Online Publication](<a href=“http://ocsweb.princeton.edu/pro-flip/Main.php?MagID=1&MagNo=1]Princeton”>http://ocsweb.princeton.edu/pro-flip/Main.php?MagID=1&MagNo=1)</p>
<p>24% of Princeton grads graduated unemployed. 9.7% of Princeton grads are working internships, which aren’t even full time jobs. Among those who got jobs, 16% got jobs in non-profit with average starting salary of 37k a year. And, only 12% of Princeton grads went into ‘financial services’ which include Back Office, Middle Office, and other finance-related random jobs, not just I-banking or Sales/Trading.</p>
<p>The bottom line is that even if you go to a top Ivy such as Harvard or Princeton, if you major in liberal arts major (and Econ is Liberal arts), you risk ending up getting screwed job-wise. It could work out for you nicely, yet there is also a significant downside risk.</p>
<p>Many kids I know from my Ivy undergrad, who majored in liberal arts majors, ended up in sales jobs at horrible companies living by commission pay only, some ended up at places such as Starbucks or GAP, and many others are unemployed. It’s pretty brutal out there, and young people need to see the whole picture in order to best educate themselves on what to expect and what courses of action to take regarding their education endeavors.</p>
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<p>You will need at least 3.5 GPA just to land interviews at Penn, for consulting or I-banking. At OCR, there are tons of kids with 3.7+ GPA all gunning for same top jobs, many from Wharton. Majoring in something you like is wonderful, I am not telling you not to do it, but you need to be aware of the risk and no going to Penn and majoring in Econ won’t make you safe for decent corporate jobs.</p>