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Author Topic: $23k in financial aid and they still want another $18k a year [Locked]
eodoll  4 stars
Posts: 1,028
Registered: 2002-2-14 12:35:42
like in the fight thread... nothing trumps experience.

when you have zero experience, then the only differentiator between you and the other newbies is the school you went to and your grades. So a good school will get you in for an interview with a higher liklihoid. everyone who comes in with zero experience at the interview is still equal - school doesnt matter during the interview. its what you know and how well you communicate it.

the pay boost for 2yrs experience is also better than the pay boost for a masters degree that requires 2yrs extra school.(the pay 2yrs exp or masters might be the same but at year 5 - one has 3 yrs exp and the other has 5).

im referring to tech/engineer jobs where i have direct experience.
eodoll  4 stars
Posts: 1,028
Registered: 2002-2-14 12:35:42
for business/finance school probably really helps.

are the majority of ivy league students studying finance related curriculums?
Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
eodoll posted:

for business/finance school probably really helps.


are the majority of ivy league students studying finance related curriculums?



No, but you don't have to. NY finance hires based on the school you came from, not the degree you have. Many of their hires are humanities majors.
eodoll  4 stars
Posts: 1,028
Registered: 2002-2-14 12:35:42
ok, finance is one very small carreer path. id guess if you broke it down, youd see there are people from all sorts of schools on wall street.

wall street is just one of many places a person can get a high paying job.
Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
There are, but they're a small minority. Probably 80% of the NY finance crowd has an ivy league degree or something equivalent (oxbridge, stanford, etc).


The same is true in biglaw. Probably 80% of biglaw graduated from a top 15 school.


You are right that you can get a good job without a top school degree. Where you go wrong is suggesting that a top school degree isn't very valuable, especially in the more incestuous sectors of the economy.
eodoll  4 stars
Posts: 1,028
Registered: 2002-2-14 12:35:42
its only valuable when it comes to two things:
1. your first job
2. getting into a good post grad school

but you can achieve 1 and 2 without dropping a 100k plus in education costs.
Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
And again, you're just wrong. There's not much more to talk about.
eodoll  4 stars
Posts: 1,028
Registered: 2002-2-14 12:35:42
you dont know what youre talking about.

im speaking from direct experience. youre talking like those people that say they cant get the job they want because a black guy took it via affirmative action.
Ashmaele  4 stars
Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
Not sure about all career paths but I can confirm yuki is 100% correct when it comes to the legal profession. Graduation from a top law school is basically a license to print money, while if you graduate from a school outside the top 15 or so you pretty much have to make law review in order to get a big law job. Doesn't mean you won't strike it rich, but the odds are much better coming out of one of the top schools.

 

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Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
Eodell is just generalizing from his very arcane, limited sector of the economy. If you are an engineer I am happy to believe they care more about what you can do than what school you came from.


Elsewhere in the economy, the idea that people won't even look at what school you graduated from after your first job is hillariously wrong. It matteers more in some areas than others, but the idea that there is no value to a degree from a good school beyond your first job is wrong for at least 85% of the economy.

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