<p>I am hearing rumors that may be or may not be true. I was wondering if someone could shed the lights on, as I am curious if there is a truth to it or it is all heresay:</p>
<p>Harvard undergrads who graduated in 2007, 70% of kids who wanted to go to Wall Street got a job offer. Harvard undergrads who graduated in 2008, the kids who got an offer in the Wall Street were only 40%. However, for undergraduates who graduated in 2009, only 10-15% has been able to land jobs in the Wall Street.</p>
<p>Let us say 70 kids went in 2007. Only 40 were offered a job in 2008 and 10 were offered in 2009.</p>
<p>Maybe this will make you feel better or worse. My kid isn’t interested in Wall St. but he does want to be able to support himself and isn’t too keen on Teach for America:</p>
<p>What I have heard, if someone wants to go to law school and later on enter politics, and then students pursue a short career with the Teach for America. </p>
<p>Does majority of these kids still stay involved with teach for America after 5-7 years? If these kids do not stay involved, then it may be or may not be a resume building exercise. </p>
<p>On other hand, I am sure there are many who does pursue teach for america, beacuse they want to make a differnce too.</p>
<p>For what it’s worth, I’m doing Teach For America and I’m certain my standard of living is higher than most of my friends who work in NYC. The ~$65k starting salary on Wall Street doesn’t go so far in NYC, and bonuses are still iffy these days.</p>
<p>Yes, agree completely that 65K is a tough living wage in NYC. Son tried working with kids last summer and just didn’t take to it. He will probably turn right around and go to law or med school until this bad economy blows over.</p>