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I believe he probably got the statistic mixed up. The average Ivy League graduate does indeed make more than the average non-ivy college graduate. But they make

I believe he probably got the statistic mixed up. The average Ivy League graduate does indeed make more than the average non-ivy college graduate. But they make about the same (or are about as successful, can’t remember the exact statistic) as someone who got accepted to an Ivy but went elsewhere.

andrewmcwatters 6y ago
No, I mean the actual starting salaries based on employment data from universities themselves tell us there’s only a marginal difference in those who graduate between the institutions. If you look at the degrees themselves as a form of capital investment, Ivy League schools don’t translate into “paying off,” as it were.
- whimsicalism 6y ago
  > No, I mean the actual starting salaries based on employment data from universities themselves tell us there’s only a marginal difference in those who graduate between the institutions. Not only is that not true, but Harvard new grads make substantially more than the average BA holder, including people who are 2 decades into their career.
  - hailwren 6y ago
    Yes, and pairwise multivariate comparisons make the gap even larger. (i.e. considering two engineering students or two visual arts students etc)
- jcheng 6y ago
  Here’s one source that says the difference is significant, to put it mildly. Do you have a better source you can cite? https://collegescorecard.ed.gov/school/?166027-Harvard-University https://collegescorecard.ed.gov/school/?166027-Harvard-Unive... https://collegescorecard.ed.gov/school/?240444-University-of-Wisconsin-Madison https://collegescorecard.ed.gov/school/?240444-University-of... Edit: Actually the third state school I looked up is not far off! https://collegescorecard.ed.gov/school/?236948-University-of-Washington-Seattle-Campus https://collegescorecard.ed.gov/school/?236948-University-of...
  - desert_boi 6y ago
    Picking "Public Ivyies" is stacking the deck a bit, no? My "third tier" school has a median of about half of what Harvard does. https://collegescorecard.ed.gov/school/?142115-Boise-State-University https://collegescorecard.ed.gov/school/?142115-Boise-State-U...
  - andrewmcwatters 6y ago
    What are you talking about? Those are distributions; and they swing just as wildly as the broader US workforce. These people aren't making 250k out of the door, nor mid-career. It's just not impressive.
akhilcacharya 6y ago
What’s the play if I didn’t get accepted into an Ivy tier school but want to make as much as them? What’s a benchmark?
gnicholas 6y ago
Cite supporting your statement: https://outline.com/wWr2v3 https://outline.com/wWr2v3

andrewmcwatters 6y ago

No, I mean the actual starting salaries based on employment data from universities themselves tell us there’s only a marginal difference in those who graduate between the institutions. If you look at the degrees themselves as a form of capital investment, Ivy League schools don’t translate into “paying off,” as it were.

whimsicalism 6y ago
> No, I mean the actual starting salaries based on employment data from universities themselves tell us there’s only a marginal difference in those who graduate between the institutions. Not only is that not true, but Harvard new grads make substantially more than the average BA holder, including people who are 2 decades into their career.
- hailwren 6y ago
  Yes, and pairwise multivariate comparisons make the gap even larger. (i.e. considering two engineering students or two visual arts students etc)
jcheng 6y ago
Here’s one source that says the difference is significant, to put it mildly. Do you have a better source you can cite? https://collegescorecard.ed.gov/school/?166027-Harvard-University https://collegescorecard.ed.gov/school/?166027-Harvard-Unive... https://collegescorecard.ed.gov/school/?240444-University-of-Wisconsin-Madison https://collegescorecard.ed.gov/school/?240444-University-of... Edit: Actually the third state school I looked up is not far off! https://collegescorecard.ed.gov/school/?236948-University-of-Washington-Seattle-Campus https://collegescorecard.ed.gov/school/?236948-University-of...
- desert_boi 6y ago
  Picking "Public Ivyies" is stacking the deck a bit, no? My "third tier" school has a median of about half of what Harvard does. https://collegescorecard.ed.gov/school/?142115-Boise-State-University https://collegescorecard.ed.gov/school/?142115-Boise-State-U...
- andrewmcwatters 6y ago
  What are you talking about? Those are distributions; and they swing just as wildly as the broader US workforce. These people aren't making 250k out of the door, nor mid-career. It's just not impressive.

akhilcacharya 6y ago

What’s the play if I didn’t get accepted into an Ivy tier school but want to make as much as them? What’s a benchmark?

gnicholas 6y ago

Cite supporting your statement: https://outline.com/wWr2v3 https://outline.com/wWr2v3