My H and I went to a “Public Ivy.” My D went to a “Little Ivy”. My S went to an “Ivy.” We all are able to respect each other’s schools. No one’s envious or feeling their valor is stolen. (Apologies for the term usage, @GKUnion ; I can hear you wincing through the airwaves 
).
Interestingly, the Ivy Ivy has the highest Pell percentage of the three universities.
I made up these numbers, but I don’t think they’re far off of reality (if anything, I think I was being quite generous).
| Field | Percentage of Jobs for College Grads |
|---|---|
| IB | 0.1% |
| Consulting | 0.5% |
| All Other Jobs | 99.4% |
Since more than 99% of jobs are not in IB and consulting, why does it feel like 99% of our discussions end up revolving around less than 1% of jobs?
There are more people working in the fast food space in California than there are investment banking jobs in the U.S.
Lol. That’s a fair point!
I guess it’s because of our (CC) demographic.
Edited to add: those careers tend to have desirable compensation and excellent benefits. I still am in awe of some of the perks.
In a discussion involving Ivy schools, Finance/Consulting is a biggie.
…in 2010 close to 36 percent of Princeton graduates with full-time jobs went into finance, down from a pre-financial crisis high of 46 percent in 2006, but still more than one-third of an entire class. If you add management consulting to the count, it’s more than 60 percent…” This is just the subset of grads not going to grad school.
excerpt from a 2014 article, but I suspect still similar stats The Ivy League Has Perfected The Investment Banker And Management Consultant Replicator
Now do the discussion percentage!
About going to Ivies is cheaper; schools with big endowments get bigger public funding through tax break than public schools, 10,000/student at Princeton vs 1,000/student at Rutgers for example, 10 times bigger funding. Private unis aren’t that private when it comes to getting money from taxpayers.
This topic was automatically closed 180 days after the last reply. If you’d like to reply, please flag the thread for moderator attention.
