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The article leaves out a huge population of students from the elite universities that end up going into finance. In 2014, 31% of Harvard grads took jobs in fina
by chauzer 11y ago
The article leaves out a huge population of students from the elite universities that end up going into finance. In 2014, 31% of Harvard grads took jobs in finance (http://www.washingtonmonthly.com/magazine/septemberoctober_2014/features/why_are_harvard_grads_still_fl051758.php?page=all http://www.washingtonmonthly.com/magazine/septemberoctober_2...) where the salaries are higher than most other occupations straight out of college. And then if you look at the people who are in high finance like private equity and hedge funds where people 5 years out of college can easily make $400k+, most of those are from elite top 10 universities.