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I share your sentiment. My sibling did Dartmouth for undergrad, Harvard and MIT for graduate school. I bootstrapped and sold a handful of companies after drop

I share your sentiment. My sibling did Dartmouth for undergrad, Harvard and MIT for graduate school. I bootstrapped and sold a handful of companies after dropping out of college. People need information to judge and trust others by. Information about ones capabilities should be verifiable by your accomplishments. At the start of a career though you have no accomplishments. Companies, especially larger more established companies with higher head counts, are often risk averse in their hiring so hey use prestigious degree programs to filter out other potential candidates.

stvswn 10y ago
This is absolutely true, but it's not only about being risk averse in hiring -- it's about outsourcing your selection process to the universities. If you had to find 100 young people to be the next class of analysts at your fancy consulting firm, where would you start looking? It just makes sense to go to the places where high-achieving young people congregate. There's not a better system (maybe standardized testing would work, but that doesn't solve the problem).
- thaumasiotes 10y ago
  > maybe standardized testing would work, but that doesn't solve the problem What problem do you mean?