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This comes off as a bit naive to me. The Stanford grad with parents who paid $25M for admission is not applying for a programming job, and certainly not cold ju
by pfannkuchen 3y ago
This comes off as a bit naive to me. The Stanford grad with parents who paid $25M for admission is not applying for a programming job, and certainly not cold just on the strength of their resume. They will move in their parents’ network, which now has a graph edge with the Stanford network and vice versa. This sort of thing is more about power networks than it is about education.
- FredPret 3y agoTrue but that kid is still running around sporting an unearned degree. He will meet many people from all walks of life over the course of his life. The smart kids can tell that this is a dumb kid with a Stanford degree. It does not look good. Also, there's a smart poor kid out there should've been in his place.
- pfannkuchen 3y agoSo I’m not 100% sure that the motives are pure all around. But! I think it’s very plausible that network-mixing with wealthy families, who collectively have some significant control over the economy because that’s what wealth fundamentally is in our society, may actually be critical to the value of attending elite universities for the merit-based-selection group.