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Colleges That Get You Rich
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Date: July 31st, 2008 2:02 PM Author: Spectacular shrine son of senegal Subject: Mmmmm...money http://www.forbes.com/2008/07/30/college-salary-graduates-lead-cz_kb_0730topcolleges_slide_2.html?thisSpeed=20000
http://www.forbes.com/leadership/2008/07/30/college-salary-graduates-lead-cz_kb_0730topcolleges.html
http://online.wsj.com/article/SB121746658635199271.html?mod=hpp_us_inside_today |
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Date: July 31st, 2008 2:09 PM Author: Spectacular shrine son of senegal People can whine all they want about rankings and yield, but this is where these schools really get you. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10025574) |
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Date: July 31st, 2008 2:11 PM Author: Hyperactive metal state pozpig the better point is that these schools give you a tremendous amount of freedom. you can make money, do something interesting/challenging, etc. its the flexibility afforded that makes it worth it. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10025578) |
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Date: July 31st, 2008 2:27 PM Author: Spectacular shrine son of senegal I completely agree.
But allow me to play devil's advocate: Brown is possibly one of the most flexible schools in the country, but it's not even in the top ten on the above list. |
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Date: July 31st, 2008 2:35 PM Author: Hyperactive metal state pozpig thats what im saying tho - kids at these top schools CAN take very lucrative jobs (they have access to them) but they also have access to other really interesting/compelling opportunities.
All that list really tells us is what schools send the most kids to finance/consulting/biglaw etc. - which is important because it gives us an idea of the liklihood a graduate can get one of those lucrative jobs if they want one.
all this to say is that going to a top school byes you some wiggle room that you can cash in for more money or for a job you really love - most folks on earth, are forced to do something they dont love for not a lot of money. |
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Date: July 31st, 2008 4:27 PM Author: Spectacular shrine son of senegal "all this to say is that going to a top school byes you some wiggle room that you can cash in for more money or for a job you really love"
I don't buy into the idea that people making six figures are sell outs and don't love their job. Your implication that they are mutually exclusive is a bit off.
What this list says is how much money alumni make. Stop trying to make it seem deeper than it is. It's profound, but not in the way you make it seem. |
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Date: August 4th, 2008 9:55 AM Author: heady effete ladyboy stage "I don't buy into the idea that people making six figures are sell outs and don't love their job."
you should probably rethink then, because most professions that are overall lucrative (banking, consulting, retail) are pretty soulless. your biggest accomplishment at the end of your life was that you sold more colgate than aquafresh? congratulations. except for money, there's no reason to go into these fields. that's fine for people with other priorities (wanting to have a stable income, provide for a family, comfort creatures, etc), but don't be one of those self-deluding types that say they have a "passion" for something as lame as "brand management."
of course, not all lucrative professions are like that, though. fields like engineering and tech startups along with finance if you play your cards right, with ACTUAL real world impact (not just the way the MBA types define it), can give you the best of both worlds.
and yeah, the list is biased against schools with business and engineering programs (which could compete with those numbers pretty nicely) because they're usually large state schools with arts and science/education colleges that drag down the averages...so even in terms of "access" to high-paying jobs, im not really convinced by this list... |
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Date: July 31st, 2008 8:12 PM Author: concupiscible whorehouse are you retarded? it may be hard for you douches to understand but certain schools have significant populations of people who DON'T GIVE A SHIT ABOUT MONEY so the figures are going to skewed anyways. brown is a good example, as are a huge deal of LACs. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10026406) |
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Date: July 31st, 2008 10:59 PM Author: Spectacular shrine son of senegal I don't buy that (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10026834) |
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Date: August 2nd, 2008 11:17 PM Author: beta factory reset button rigpig Subject: Understandable Yr ignorant (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10031137) |
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Date: July 31st, 2008 8:39 PM Author: Vengeful hairraiser marketing idea national Subject: shallow Did you see how low these mid-career salaries are??? 130K is not much money, especially in NYC. These are less than motivated people that never step up, but instead take their A- grades and quietly play the corporate game with patience until death. If 130K is all you want, save yourself a bundle and go to a state school. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10026446) |
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Date: July 31st, 2008 11:16 PM Author: Spectacular shrine son of senegal 134 K is the highest median. This is not a low number, and I think the generalization you just made is silly. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10026858) |
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Date: August 1st, 2008 1:00 PM Author: Vengeful hairraiser marketing idea national My point is just that we make such a big deal about getting into Ivy League schools and at mid-career the average Ivy Leaguer is winning the rat race but not by much.
134K. Try to live in Manhattan on that amount. You can rent, but not own and otherwise live well. Now try to live in Manhattan and have a family with kids in private school on that amount. And save for retirement. Or even better: the median Ivy League grad realistically cannot really afford to send his kids to an Ivy League school without breaking the bank. Something to ponder.
I guess I am just a bit disappointed that after all the effort the over-achievers are barely ahead in the game. |
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Date: August 1st, 2008 1:30 PM Author: milky mad-dog skullcap chapel you sound stupid. are you 17? (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10027933) |
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Date: August 1st, 2008 6:43 PM Author: Vengeful hairraiser marketing idea national No, troll. I am just amazed at how little middle career Ivy League grads make. I am wondering if the median Ivy grad is a middle manager at some corporation, owns a tract home, and worries about losing it all in the bad economy. Kind of pathetic. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10028475) |
Date: July 31st, 2008 4:36 PM Author: chestnut box office international law enforcement agency a ranking that has the criteria that matters. Of course we need to see how they figured out those stats. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10025894) |
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Date: July 31st, 2008 4:37 PM Author: Spectacular shrine son of senegal what are you saying? (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10025899) |
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Date: July 31st, 2008 4:41 PM Author: chestnut box office international law enforcement agency you need to learn how to read. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10025909) |
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Date: July 31st, 2008 4:44 PM Author: Spectacular shrine son of senegal You opened your post with: "a ranking that has the criteria that matters"
You need to learn English.
I did read; you said that we need to find out which criteria they used to get the rankings. I ask, do you doubt the study? |
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Date: July 31st, 2008 4:49 PM Author: chestnut box office international law enforcement agency neither did the stiudy (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10025928) |
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Date: July 31st, 2008 11:13 PM Author: Spectacular shrine son of senegal This is what I'm talking about...
neither did the study what??? |
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Date: August 1st, 2008 6:34 PM Author: chestnut box office international law enforcement agency you might be a complete idiot (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10028458) |
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Date: July 31st, 2008 4:37 PM Author: chestnut box office international law enforcement agency http://www.payscale.com/best-colleges (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10025900) |
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Date: July 31st, 2008 4:38 PM Author: chestnut box office international law enforcement agency http://www.payscale.com/best-colleges/top-colleges.asp (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10025901) |
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Date: July 31st, 2008 4:39 PM Author: chestnut box office international law enforcement agency http://www.payscale.com/best-colleges/degrees.asp (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10025904) |
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Date: July 31st, 2008 4:40 PM Author: chestnut box office international law enforcement agency Subject: methodology http://www.payscale.com/best-colleges/salary-report.asp (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10025907) |
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Date: July 31st, 2008 4:45 PM Author: Spectacular shrine son of senegal that's great, what's your point? (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10025921) |
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Date: July 31st, 2008 5:23 PM Author: Infuriating filthy house uh, thats the ranking WSJ and Forbes is reporting on. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10026003) |
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Date: July 31st, 2008 6:01 PM Author: Emerald doctorate station Fucking moron. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10026075) |
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Date: July 31st, 2008 9:59 PM Author: Fear-inspiring kitchen There are so many confounding factors that a list like this is essentially pointless. I haven't bothered reading about the methodology, but how many people chose not to report their incomes? I think the pressure not to report income is higher at a lot of these schools if alumni fear they are doing worse than their peers. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10026640) |
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Date: July 31st, 2008 10:16 PM Author: slippery principal's office gunner Median income of Stanford grads 0-5 years out of school is 70k. Other than biglaw types, I want to know what these kids are doing at age 23 to make 70k with just a BA or BS behind them. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10026695) |
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Date: July 31st, 2008 11:21 PM Author: Spectacular shrine son of senegal Subject: yeah It's an interesting trend. They start high and stay high as opposed to starting low and ending really really high. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10026873) |
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Date: August 1st, 2008 12:30 AM Author: slippery principal's office gunner It is interesting. I'd like to know more detail. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10026973) |
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Date: August 1st, 2008 12:55 AM Author: lilac codepig consulting, finance, engineering, other business jobs
a lot of that stuff pays fairly well out of UG, especially in high COL areas like CA
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Date: August 2nd, 2008 12:34 AM Author: slippery principal's office gunner Engineering, yes. Finance, yes when you factor in bonus. Consulting, no. "Other business jobs"...no clue. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10028998) |
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Date: August 2nd, 2008 3:12 AM Author: chestnut box office international law enforcement agency consulting yes (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10029240) |
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Date: August 2nd, 2008 10:42 AM Author: slippery principal's office gunner My friends who went into consulting for firms like Deloitte and the former Mercer claimed to be starting at just under 50k. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10029419) |
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Date: August 2nd, 2008 2:00 PM Author: chestnut box office international law enforcement agency Sorry, I only know about ttt firms that pay more. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10029813) |
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Date: August 2nd, 2008 3:28 PM Author: cordovan generalized bond deloitte and mercer are also shitholes, unfortunately (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10030066) |
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Date: August 3rd, 2008 2:45 AM Author: slippery principal's office gunner Compared to what? (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10031669) |
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Date: August 5th, 2008 11:39 AM Author: lilac codepig consulting jobs usually start in the high 50's to high 60's.
after 3-4 years, a lot of those people can be making 80+. |
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Date: July 31st, 2008 10:55 PM Author: chestnut box office international law enforcement agency kreuger (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10026821) |
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Date: August 1st, 2008 1:30 PM Author: Irate corner Uchicago and Carnegie Mellon are the big winners here and are underrated. An econ degree from the former or a Comp Sci/Business degree from the latter are both heavily marketable.
Other than that, the rest of the schools have a medley of lurking factors that makes this list a steaming pile of crap. |
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Date: August 1st, 2008 2:39 PM Author: Spectacular shrine son of senegal Everytime this guys talks an angel dies.
I'm sure you think you know what you are talking about, but I'm pretty sure you don't. You mind telling me what lurking variables you are referring to?
"Uchicago and Carnegie Mellon are the big winners here and are underrated"
Didn't you include Chicago on your ridiculous list of "most overrated schools"? I think you did. |
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Date: August 1st, 2008 3:40 PM Author: Irate corner a school can be overrated but still marketable (economics for uchicago) for example. also i listed it as slightly overrated, unlike wustl/emory/etc.
the lurking variables range from connections, year, major, the amount of different schools within the university and which are included/excluded/etc. |
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Date: August 1st, 2008 3:52 PM Author: Spectacular shrine son of senegal and you just said it was underrated. Make up your mind.
While there are certainly some lurking variables, payscale determined that majors make little difference.
Even if there are other factors, this list is a testament to the fact that some schools have better alumni networks,career services, hospitable/active alumni and no leats of all clout within the career world.
Amount of different schools within the university? I think that's a bit of a stretch. For example, MIT and Dartmouth have a bunch of grad schools, Princeton does not, yet they are still in the top five. |
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Date: August 1st, 2008 4:41 PM Author: Irate corner first of all, there are many lurking variables, not just one, and I was talking about different schools within the university such as Upenn's Wharton, etc. Also, tech-oriented schools such as MIT vs. the more liberal artsy Brown (which is placed much lower) are other examples.
not to mention there is no verification of those who gave the data for the surveys. |
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Date: August 1st, 2008 5:00 PM Author: Spectacular shrine son of senegal I'm impressed, you're having a lucid conversation without resorting to petty name-calling.
I disagree with you completely, and look forward to my large income, but nice conversation all the same. |
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Date: August 1st, 2008 5:13 PM Author: Irate corner your post makes no sense whatsoever. Disagreeing with me is somehow relevant to your "large income"?
I'm guessing you attend darTTTmouth, well unfortunately for you, the poster below and many others have already found the major flaw in this study. It has no verification whatsoever. The median salary provided by darthmouth itself is more representative and accurate (unfortunately it is barely 50k).
With a bit of effort anyone can flood this survey with false data and heavily skew the figures.
Nice try though. |
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Date: August 1st, 2008 9:45 PM Author: Spectacular shrine son of senegal right, it's just above 50k right out because many people actually spend time volunteering and taking part in national service (Dartmouth has the highest percentage students enrolling in peace corps of any small school). Then, when they start working, they make more than anybody else.
You can bad mouth the study all you want (probably because Columbia is the last ivy on that list) and try to make yourself feel better. This study, though, was obviously viable enough to appear prominently in Forbes and the Wall Street Journal.
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Date: August 2nd, 2008 12:45 AM Author: slippery principal's office gunner The Wall St. Journal also gave us the gem of "The New Ivies," which included the likes of WUSTL and Tufts (and, admittedly, some other schools that are more renowned). The fact that Dartmouth tops Princeton and Harvard should only be evidence of the fact that this is a "ranking" that should be taken with a grain of salt, much like when the Princeton Review named Northwestern the top academic school in the country a few years back. But only an old fart like me would remember that, right? (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10029018) |
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Date: August 2nd, 2008 12:52 AM Author: Irate corner hilarious, dartttmouth rejects volunteer and then miraculously make more any anybody else huh? What a retard. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10029030) |
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Date: August 2nd, 2008 1:14 AM Author: slippery principal's office gunner This kid has proven here and in other threads that he has plenty of growing up to do. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10029064) |
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Date: August 1st, 2008 3:34 PM Author: chestnut box office international law enforcement agency basically, yeah (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10028126) |
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Date: August 1st, 2008 4:45 PM Author: laughsome purple bawdyhouse cuckold Subject: I suggest anyone who takes this "study" seriously Go to the site and complete the survey. You can pretty much makeup the entire thing as they prompt for most things. You too could be counted as a Stanford grad!! (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10028252) |
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Date: August 1st, 2008 9:15 PM Author: Crusty dark striped hyena personal credit line How is Notre Dame #8?
I'm trying to figure that one... |
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Date: August 1st, 2008 11:27 PM Author: rambunctious yellow gaping Good undergrad B-school + fiercely loyal alumni + catholic conspiracy = $$ (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10028874) |
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Date: August 2nd, 2008 12:52 AM Author: Irate corner shitty ugrad b school + inferior complex alumni + fake surveys = $$$ (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10029031) |
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Date: August 2nd, 2008 12:27 AM Author: Olive cocky macaca I always forget about Notre. The biggest suprise was Carnegie Mellon, which I oddly turned down for NorthwesternU. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10028980) |
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Date: August 2nd, 2008 12:53 AM Author: Irate corner cmu's known for its job networking, better than norttwestern imo (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10029035) |
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Date: August 2nd, 2008 1:15 AM Author: slippery principal's office gunner Depends on your career path, in this case. Northwestern isn't as bad as you probably think, but CMU is better than most people here realize. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10029065) |
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Date: August 2nd, 2008 3:21 AM Author: Irate corner never said nothwestern was bad, but the salaries and job opps at CMU are better in all aspects and in the important fields such as tech/business with the exception of journalism/lib arts which are arguable as to whether they are "important" careers or not. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10029252) |
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Date: August 2nd, 2008 10:43 AM Author: slippery principal's office gunner The idea of "important" vs. "non-important" careers is just ridiculous. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10029421) |
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Date: August 2nd, 2008 11:41 AM Author: Irate corner perhaps the wrong word to use, but a journalism degree is pretty limited compared to an ECE or comp sci degree that can have you doing anything from ibanking to consulting to IT. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10029471) |
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Date: August 2nd, 2008 12:46 PM Author: slippery principal's office gunner Well, this I can generally agree with, although there are subjects that you might consider "soft" that have more varied applications than most people realize. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10029551) |
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Date: August 2nd, 2008 4:07 PM Author: Olive cocky macaca Well actually, Northwestern's Journalism degree is commonly being used as a Marketing Degree leading to jobs in the business world and public relations. There are many famous people in the industry who consult on all aspects of the Journalism industry, at NU it isn't limited to writing articles. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10030154) |
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Date: August 4th, 2008 10:31 PM Author: Irate corner no one cares about your ttt marketing job paying 40k (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10036303) |
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Date: August 2nd, 2008 1:30 PM Author: Aphrodisiac lodge no idea why notre dame, "polytechnic university of new york, brooklyn," or WPI are on there. CMU is on there because of all the high-paid geeks they produce; their b-school kind of sucks.
not so sure why little colleges like bucknell and colgate are so wonderful for getting rich. where's amherst? williams? i'll just assume that bucknell and colgate paid off forbes. |
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Date: August 2nd, 2008 4:11 PM Author: Olive cocky macaca Same question. Actually its because at Amherst or Williams, your more likely to find people who get jobs they like versus wages they "need". IMO Colgate and Bucknell are the "down-to-earth" LAC's for the above average student without overt pretensions, but enjoys a beautiful campus. Many of the people at Amherst, Swarthmore, Williams, go for PHD degrees. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10030165) |
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Date: August 2nd, 2008 7:47 PM Author: Irate corner Survey is a joke, otherwise Williams/Swarth should be on there before those other LAC ttts
and cmu's ugrad bschool is good, they get paid as much as the tech kids but the mba sucks. |
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Date: August 2nd, 2008 10:34 PM Author: Motley crackhouse Tepper is a very small program, like 120 students, so its personal. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10031013) |
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Date: August 3rd, 2008 2:53 PM Author: Irate corner sounds good, that's what i always hated about those toolish stern kids, they're as numerous as rats. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10032077) |
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Date: August 4th, 2008 6:37 PM Author: fragrant greedy office halford They excluded people who went on to MD/JD/MBA... i.e. the 3 most lucrative degrees.
Someone who graduates from a decent school with any of those should *smash* the paltry medians they're reporting there (130k, etc).
So, to redirect this conversation, isn't it fairly safe to assume that many, if not most, of the most talented graduates of top colleges eventually go to professional school? (Other than PhD candidates, obviously) And also that the goal of many people attending Ivies is to be a doctor/lawyer/hedge fund manager... not a "consultant". I mean, if you graduated an Ivy and become a consultant it seems like you're relatively unprestigious.
HTH
edit - wtf is a ttteacher with a degree from a state school doing giving advice on Ivy grads and elite jobs? |
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Date: August 4th, 2008 9:37 PM Author: cordovan generalized bond out of the 4 mainstream "prestige" occupations of consultant, doctor, lawyer, and banker/hedge fund manager, consultants are arguably the ones who get to use their mind the most. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10036102) |
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Date: August 5th, 2008 1:38 PM Author: fragrant greedy office halford consultant is not a prestige occupation. doctor, lawyer, and banker are. doctor and banker moreso than lawyer, but lawyers in good firms are still up there.
nice consultant trolling, though. |
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Date: August 4th, 2008 10:12 PM Author: chestnut box office international law enforcement agency see, it's like we're all talking about hot chicks and you butt in and talk about the really great man-sphincter you just ate.. (http://www.autoadmit.com/thread.php?thread_id=840967&forum_id=1#10036222) |