<p>Lol, lots of Ivy bashing going on in this thread.</p>
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<p>No education from any school can ever “guarantee” you anything, but for the billionaires part, see this sort of companion thread:</p>
<p><a href=“http://talk.collegeconfidential.com/college-search-selection/471140-billionaires-according-alma-matter.html[/url]”>http://talk.collegeconfidential.com/college-search-selection/471140-billionaires-according-alma-matter.html</a></p>
<p>When I had my interview, I met a Brown alumnus… As we talked, I learned that he had started to study biology at Brown but ended up way behind everyone because we wasn’t well prepared. What he had learned in high school was not enough to keep up. The fact that here (Quebec) we graduate in grade 11 and attend a kind of pre-college for two years before heading to university (which lasts 3 years instead 4) explains his poor grades at the time. In the end, he graduated in History or at least that’s what he was studying his senior year.</p>
<p>All this to say that now he works as a lawyer in a sumptuous office situated in one the most prosperous district of Montreal…</p>
<p>Yikes, people need to get a grip. Not everyone who graduates from Ivies or any top university is in it entirely for the money, especially those who are going into academia. </p>
<p>A good example would be the the CEO of the Chicago Public School system Arne Duncan. Graduated from Harvard magna cum laude, but somehow I doubt that position, despite having influence, pays a great deal, and I’m sure it took him some time to get there. Someone in it for the money doesn’t go into the business of inner-city public schools. </p>
<p>I’m hoping to stake a claim in veterinary research someday…don’t think my future Princeton degree will be worth much if I don’t have the grades to back it up. The reward? I get to do something I really care about. Great salary? When I can get pigs to sprout wings I’ll let you know.</p>
<p>Guys, it’s pretty easy to look up career surveys from these schools. The ones for Penn (separated into the College, Engineering, Nursing, and Wharton) list industries, most common employers, positions taken by graduates of each major, and average salaries and bonuses. I haven’t compared with other Ivies but I believe there is a greater bias towards financial services overall, not only because of Wharton but also because (1) some students matriculate to take advantage of Wharton (often hoping to transfer) and (2) it imposes a certain degree of pressure on the rest of the undergraduate community, to pursue either finance or some other pre-professional track like law or medicine.</p>
<p>(Links (all pdf’s): [College</a> survey](<a href=“http://www.vpul.upenn.edu/careerservices/college/2007cpsurvey.pdf]College”>http://www.vpul.upenn.edu/careerservices/college/2007cpsurvey.pdf), [Engineering</a> survey](<a href=“http://www.vpul.upenn.edu/careerservices/seas/survey2007.pdf]Engineering”>http://www.vpul.upenn.edu/careerservices/seas/survey2007.pdf), [Wharton</a> survey](<a href=“http://www.vpul.upenn.edu/careerservices/wharton/surveys/Wharton2007Report.pdf]Wharton”>http://www.vpul.upenn.edu/careerservices/wharton/surveys/Wharton2007Report.pdf))</p>
<p>Tokyorevelation9</p>
<p>I don’t know - the CEO of the Chicago Public School system Arne Duncan makes $194,688.00 a year. Not that bad</p>
<p>C’mon guys. I can understand why a lot of you think that an ivy grad would be presumptuous and arrogant, but aren’t they also EXTREMELY smart and hard working. I mean that’s why (most of them) get in, right?</p>
<p>With the financial services industry contracting rather than expanding for the next few years there will be many more Ivy grads looking at those AA positions.</p>
<p>Having a degree from a prestigious school WILL open doors for you; there is not necessarily wealth and success behind those doors, however; that depends on you. But there will be times that your resume will rise to the top of the pile because of your education, especially early on in your career.</p>
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<p>No, its not, but partners in medical practices and legal firms would call that peanuts for the difficulty of that job.</p>
<p>noobcake wrote: " I wouldn’t say that they are doing well (making 60k per year cap); but they are bright people."</p>
<p>Sometimes doing good is better than doing well (as you’ve framed it).</p>
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<p>Um, no not at all.</p>
<p>Look at Eliot Spitzer…P’ton and Harvard Law…</p>
<p>I recall one young lawyer we hired…you could not have dreamed up a more stellar resume. She was a disaster and after giving her many “second chances” we had to let her go. I don’t think she had ever had any kind of job at all before we hired her as a lawyer (other than summer law clerk.) I don’t think she got that this was the real world with real deadlines where she was producing a work prduct for which real people paid real money. A few summers at Walmart or McDonalds, trying to deal with customers waiting in line, would have done her a world of good.</p>
<p>Speaking of Eliot Spitzer…looks like he has some explaining to do: [Spitzer</a> Is Linked to Prostitution Ring - New York Times](<a href=“http://www.nytimes.com/2008/03/10/nyregion/10cnd-spitzer.html?em&ex=1205294400&en=d0917c3b73427b6a&ei=5087 ]Spitzer”>http://www.nytimes.com/2008/03/10/nyregion/10cnd-spitzer.html?em&ex=1205294400&en=d0917c3b73427b6a&ei=5087 )</p>
<p>My mother went to a dance with his brother at Pton back in the 70s and thought he was quite the chauvinist. I guess it runs in the family.</p>
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<p>You also have to consider the future potential of the job. Let’s face it. Arne Duncan, simply by virtue of having been the CEO of the Chicago Public schools, can earn an extremely lucrative living as a consultant. For example, he could almost certainly get a top job in the Public Sector practice at McKinsey or the other top consulting firms, or start his own consultancy. The mere fact that he was the CEO of CPS is going to attract plenty of client interest.</p>
<p>You’re right sakky, but that’s completely astray from the point that was being made. It was his initiative that got him to where he was, and in that line of work, money isn’t the primary motivator.</p>
<p>for many people, money is not the true motivator. Nor should it be, IMO.</p>
<p>Almost anyone working for the federal government could be making more in the private sector.</p>
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<p>That’s absolutely correct. We know that they can (and do) earn considerably more in the private sector as evidenced by all the former high ranking government officials (ex-senators, governors, cabinet members, etc.) that transition smoothly into the private sector and land some cushy board of directors position or senior advisory / consultancy position or work the lecture / book circuit for millions…</p>
<p>Ask James Baker what paid more his stint as Sec. State or his stint at the Carlyle Group? </p>
<p>Yeah, these guys are all altruistic and would never make any career decisions based on money or the prospect of making money.</p>
<p>the_prestige: Becoming a household name, or the toast of the cocktail party, is often just as important for many successful people coming entering jobs in the government and the public sector.</p>