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April 14, 2015 at 2:05 PM #784699April 14, 2015 at 2:52 PM #784701AnonymousGuest
[quote=Dukehorn]There are a lot of millionaires who are plumbers, realtors, developers, ambulance chasers, etc. Good for them.
There are also lots of millionaires who are interventional radiologists, CEOs, CFOs, investment bankers, partners in law firms. Most of these folks who I know do have Ivy level degrees.
If you are a smart kid which pool do you want to come out of?
There’s nothing wrong with having a middle-class lifestyle with your kids just as there’s nothing wrong with being a Harvard Law grad who would like to be a Supreme Court clerk.
Different strokes for different folks.[/quote]
This Ivy league talk is such bull crap. Out of curiosity I checked the bios of all the executives of Qualcomm. Of the 12 execs, not a single one of them attended an Ivy league school. The closest was one of them got a Masters at Stanford, but even he got undergrad at a state school.
If it makes you feel more special, go ahead and waste your money to send your kids to Ivy league. But just admit it, the only reason is so you can brag about it (i.e. you are a d-bag).
April 14, 2015 at 3:03 PM #784702CoronitaParticipant[quote=deadzone][quote=Dukehorn]There are a lot of millionaires who are plumbers, realtors, developers, ambulance chasers, etc. Good for them.
There are also lots of millionaires who are interventional radiologists, CEOs, CFOs, investment bankers, partners in law firms. Most of these folks who I know do have Ivy level degrees.
If you are a smart kid which pool do you want to come out of?
There’s nothing wrong with having a middle-class lifestyle with your kids just as there’s nothing wrong with being a Harvard Law grad who would like to be a Supreme Court clerk.
Different strokes for different folks.[/quote]
This Ivy league talk is such bull crap. Out of curiosity I checked the bios of all the executives of Qualcomm. Of the 12 execs, not a single one of them attended an Ivy league school. The closest was one of them got a Masters at Stanford, but even he got undergrad at a state school.
If it makes you feel more special, go ahead and waste your money to send your kids to Ivy league. But just admit it, the only reason is so you can brag about it (i.e. you are a d-bag).[/quote]
Actually,
1. Irwin did.
2. Viterbi went to MIT.But then again, Qualcomm arguably is past its prime in its current state.
April 14, 2015 at 3:09 PM #784703AnonymousGuestThey aren’t current Qcomm execs. The fact is, Ivy league just isn’t as relevant today as it was a generation or two ago. Times have changed.
April 14, 2015 at 3:11 PM #784704anParticipant[quote=flu]Actually,
1. Irwin did.
2. Viterbi went to MIT.But then again, Qualcomm arguably is past its prime in its current state.[/quote]
I think he’s talking about current execs. Even though Irwin went to Cornell, Paul went to UCB. Mollenkopf went to Virginia Polytechnic Institute and State University and UMich. I don’t think it matters whether QCOM past its prime or not. We’re talking about personal financial success.April 14, 2015 at 3:22 PM #784706anParticipant[quote=Dukehorn]There are a lot of millionaires who are plumbers, realtors, developers, ambulance chasers, etc. Good for them.
There are also lots of millionaires who are interventional radiologists, CEOs, CFOs, investment bankers, partners in law firms. Most of these folks who I know do have Ivy level degrees.
If you are a smart kid which pool do you want to come out of?
There’s nothing wrong with having a middle-class lifestyle with your kids just as there’s nothing wrong with being a Harvard Law grad who would like to be a Supreme Court clerk.
Different strokes for different folks.[/quote]The CEO, CFO, partners, VPs, entrepreneurs who have made it, that I know all went to non Ivy. My current director went to SDSU. So, yeah, Ivy doesn’t mean much in tech. I bet there are more tech entrepreneurs who have made it graduated from UC and CSU than Ivy. I don’t have the data to back this up, just my personal experiences.
As for which pool I want for my kid, I’d say, what ever that make them happier. As long as they have all the money they need for them to be happy, it doesn’t really matter.
No one is saying that there’s anything wrong with an Ivy degree. We’re just debating whether it’s worth it. To some, it does and to others, it doesn’t. There’s no right or wrong answer here.
April 14, 2015 at 3:30 PM #784707AnonymousGuestAn Ivy education is clearly not worth it for Tech, that is a fact. If anything it may be a detriment because you would be considered an outsider by most Tech professionals. For other career paths, you could certainly debate merits of Ivy or not.
April 14, 2015 at 3:56 PM #784708flyerParticipantI agree there is no right or wrong answer. Everyone should do whatever they want to do, and–as long as each person gets what they want in life–that’s all that matters.
As many of you have mentioned, I also believe happiness and fulfillment in life, along with strong family ties, are extremely important, and we’ve always tried to cultivate those aspects as well. In fact, the planning on the part of the grandparents on both sides of the family is what allowed all of their 20+ grandchildren to pursue whatever they chose.
April 14, 2015 at 4:31 PM #784710CoronitaParticipant[quote=deadzone]An Ivy education is clearly not worth it for Tech, that is a fact. If anything it may be a detriment because you would be considered an outsider by most Tech professionals. For other career paths, you could certainly debate merits of Ivy or not.[/quote]
Now you’re really stretching there….
I’ve never experienced this sort of reverse discrimination simply becuase of having an Ivy league degree from a fellow tech workers that didn’t. Like you said, most other tech workers don’t give a shit (at least the really good ones), since all they cared about what how good you are. If there were anyone of them that felt that way, they clearly weren’t in a hiring position from VP all the way down that.
I’m guessing the only reason why someone might actually feel that way is if there were incompetent and felt threatened some way and had an ax to grind, like maybe at at government position (except maybe some killer NSA positions)….And if that were the case, they would be doing you favor by not hiring you because chances are that group/organization would be disfunctional and incompetent.
Then again, to some extent I tend to work with bosses that are intelligent and have a proven history of some accomplishments, that have some common personal interest, since I wouldn’t enjoy working for someone that I couldn’t respect or have no out-of-work pseudo-relationship with. And if I didn’t have a boss that I couldn’t stand or couldn’t relate to, I’d get the fvck out of that company as fast as I could.
I think it comes up many once or twice in a conversation every place I been school comes up at random occasions.. Usually goes something like this.
We end up talking about apps and cars eventually anyway…It’s actually kinda of funny though. I did ask some of my coworkers where they want to send their kids to school when they go to college. The bosses tended to say Berkeley, Stanford, MIT. A few said, I wish my kids could stay local and go to UCSD/UCLA/Irive. And of course, some of us said, “God, I hope my kids ends up finding a better career in medicine or wall street that pays 5x more than us” for the amount of shit we go through. I don’t want my kids to be an engineer…ha ha”
April 14, 2015 at 4:45 PM #784713AnonymousGuestYeah maybe that is a stretch, but seriously my point is not that individual workers would show prejudice, just that generally Ivy schools may not be on the radar for corporate tech recruiters, certainly not for companies based on West Coast.
Not sure why your bosses would discourage their kids to be enginerds at the expense of selling their souls to Wall St. Not many occupations provide the starting salary and growth potential for a mere 4 year degree as does Engineering. Plus, you can live in nice places like San Diego where you have the opportunity to go surfing every day (or similar activities). I wouldn’t live in NYC for any amount of money. Life is too short to sacrifice quality of life.
April 14, 2015 at 4:50 PM #784714CoronitaParticipant[quote=deadzone]Yeah maybe that is a stretch, but seriously my point is not that individual workers would show prejudice, just that generally Ivy schools may not be on the radar for corporate tech recruiters, certainly not for companies based on West Coast.
[/quote]Well, in the past, we flew people in from IIT from India to interview. In addition, I think we dud try to recruit from MIT and Stanford and some Ivy’s in the past. We weren’t really successful, because well, the really good candidates already had a few offers lined up.
April 14, 2015 at 5:15 PM #784715AnonymousGuestSure because the candidates from India will work for half the salary of the MIT grads (or UCSD grads for that matter).
April 14, 2015 at 5:34 PM #784716CoronitaParticipant[quote=deadzone]Sure because the candidates from India will work for half the salary of the MIT grads (or UCSD grads for that matter).[/quote]
Actually, we gave the same compensation packages for the candidates from there as we extended to the college grads here. And furthermore, our company had to pay more to handle their visa status, that we wouldn’t have to do for a few of the college grads that weren’t already here on student visas. (most of the grads that were here, were on student visas and also didn’t have problems finding multiple offers).,
In the past, If we really were interested in saving money for those positions, we wouldn’t even bother hiring anyone here, H1-B or not… Simply because it would be much cheaper to hiring overseas and have them work out of our remote office rather than bring them here and do their H1-B application. Just saying.
April 14, 2015 at 7:08 PM #784717scaredyclassicParticipant[quote=flyer]I agree there is no right or wrong answer. Everyone should do whatever they want to do, and–as long as each person gets what they want in life–that’s all that matters.
As many of you have mentioned, I also believe happiness and fulfillment in life, along with strong family ties, are extremely important, and we’ve always tried to cultivate those aspects as well. In fact, the planning on the part of the grandparents on both sides of the family is what allowed all of their 20+ grandchildren to pursue whatever they chose.[/quote]
The issue of school choice is totally different for trust fund kids.
It’s not a question of what one wants to do. Hell if money’s no object go wherever…but being a responsible steward of very limited resources.
April 14, 2015 at 7:27 PM #784718joecParticipantflu,
On your long post, I don’t take offense at all that you know plenty of ivy grads doing jack squat and it wasn’t as hard to get in. As it has been posted many times, a lot of these thoughts/questions has to do with our own experiences…Like I mentioned, I went to my UC school back in the early 90s so the Ivy’s are probably not like what it is now in terms of grads or crowded tech folks. UCs back then also had limited class choices, budget issues already and the overall money issues you see now, but not as bad yet. I think the point I was saying is the network/alumi is stronger in general (assuming that’s your personality which maybe isn’t even mine…) and TOP TOP jobs seem to have ivy alumi (presidents, etc…). I am not trying to take things away from the “average” millionaire, but again, if you want to be C-level or higher or senior management, your chances are IMO, just higher as a Stanford or Ivy grad with a solid degree and work experience. Even with good work experience, you may not get the most coveted jobs and as someone making decent money way back, this is just what I’ve noticed at least…
AN, I think our views on this topic are just way different and no one is going to convince the other since it’s based on our own life experiences.
Also, I didn’t go to an Ivy and actually never even applied. I would be a d-bag maybe if I did and bragged about it, but since I didn’t, I don’t qualify to brag if I was to do that. I actually just like to flame UCs since they aren’t as cheap and I don’t think they’re that great.
I know a person who went to Harvey Mudd. I think the industry has so few of them because those schools are just so much smaller. I read that their hiring rate is very high though from past articles I’ve seen.
AN, I also don’t have data spelling out that ivy grads make more and don’t plan to bother wasting time to search for it since we will just disagree completely anyways, but generally, there are salary surveys showing that a lot of private schools do pay more (don’t believe if you don’t…).
Here’s an article saying Stanford grads are turning down 150k starting salaries to do work they like or care about:
http://www.businessinsider.com/life-at-stanford-in-2015-2015-4In the end, just do whatever you, as parents feel is best. We all have our own opinions and will do as we all please.
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