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Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by jedberg on Monday February 01, 2016 @02:09PM (#11014417)
Getting a degree from an elite institution does three things:

1) It puts you in a network of other people who went to the institution, oftentimes people who have connections that can help you in life

2) It gives you a piece of paper that shows you can follow a long term plan and execute on it, that other people recognize as a difficult long term plan to execute.

3) Gives you an icebreaker when going to interviews where you can talk about either how you and the interviewer went to the same institution, or rival institutions, or you can talk about how your elite institution was different from theirs and the same.

What you don't get is a "better education". (Edit: Some have pointed out rightly that I should differentiate here between top non-elite instututions and the ones that are diploma mills, so to be clear, what I'm saying doesn't apply to the diploma mills.) You do the same work as the folks at the less elite institutions. Maybe you do it with slightly smarter people who help you learn new things that you wouldn't otherwise, but most of the "less elite" schools still use the same textbooks and materials. And heck maybe your professor wrote the book so you can get more detailed answers, but it's unlikely that that access gives you a significant leg up unless you take advantage of it.

So it makes sense that in fields where skills matter, the elite college doesn't add a lot of benefit, but where connections matter, it does.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by Lawtonfogle on Monday February 01, 2016 @03:07PM (#11014984)
>What you don't get is a "better education". (Edit: Some have pointed out rightly that I should differentiate here between top non-elite instututions and the ones that are diploma mills, so to be clear, what I'm saying doesn't apply to the diploma mills.)

In my experience, it is more nuanced than even that. Just take computer science. There are schools that teach languages. You'll spend a semester with C, then a semester with C++, then one with Java. And then there are colleges that teach concepts. Let's look at memory management (and pointers), then let's look at data structures, then let's look at networks. Personally, the latter seem to be a far better education even if the overall experience leads to less initial skill at any given language.

Or take a look even with the same college between degrees. Some science tracks requires statistics for business majors where they will spend a day learning how to sum numbers. Other science tracks require statistics for science and engineering, where multi-variable calculus is a prerequisite. Now imagine if the degree requiring the simplified statistics was switched to requiring the harder version.

(All this being said, I agree connections are a bigger deal. I think what you learn does differ between colleges, but at the end of the day it isn't what you know but who you know.)

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by exelius on Monday February 01, 2016 @04:38PM (#11015682)
Your peer group makes a big difference too.

I attended undergrad at a big state school. My classmates were largely representative of the top 30% of my high school - people who are either gifted with raw intelligence, or who do well by working hard. My school had good sports teams, and the student body spent a lot of time and effort cheering for the teams, partying, and generally having a good time. I certainly enjoyed myself, though the academic standards were so lax that I was able to pass an entire semester where I attended no classes other than the exams. There are a lot of people who just aren't interested in the academic side of school.

Some years later, I went to a much more prestigious school for my MBA. This school didn't really have an athletic department (as a Division III school they were not allowed to issue athletic scholarships) and the student body as a whole was both smart and hard-working. I mean, sure, they drank their share too -- but learning was considered cool and group projects (while drinking, of course!) were a perfectly acceptable way to spend a Friday or Saturday night.

That attitude is infectious and it sticks with you. Once there is positive peer pressure to learn, suddenly everyone becomes invested in everyone else's success. You go from "I heard that class was an easy A so I'm gonna take it" to "I think that class looks really interesting. Want to take it with me?" Extrapolate that from school to life and you start to see why graduates of these elite schools on the whole tend to be more successful.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by SiVal on Monday February 01, 2016 @05:41PM (#11016209)
Extrapolate that from school to life and you start to see why graduates of these elite schools on the whole tend to be more successful.

And yet what this research and other studies like it are showing is that, for STEM majors, the kind of people you are talking about are equally successful regardless of where they go to school. The school itself doesn't add anything to their success; it's just that those who are going to be more successful anyway, regardless of school, are better at getting into harder-to-get-into schools.

And as for the connections, these comments keep talking about how the better schools give you better connections. If so, this research showing no mid-career earnings advantage suggests that if those "better" connections are worth anything at all, it isn't money or things that show up as more money such as better jobs, more access to jobs, more job stability, etc. My interpretation, though, and my own experience, is that the connections ARE worth money, but that birds of a feather soon flock together after graduation, regardless of where they went to school. Stanford and MIT engineers don't go to the same school, and if you have as much in common with them out in the working world as they have with each other, you will soon have similar connections and similar lives.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by omegaham on Tuesday February 02, 2016 @02:45AM (#11018107)
This is probably the biggest difference. When you go to a really selective college, you're in a community that values academic achievement.

I'm at a community college right now, doing gen-eds, and I absolutely dread all group work because the vast majority of my classmates are a) completely unprepared for the class or b) completely indifferent to actually working. Some of it is immaturity, but a lot of it is the fact that kids at a community college tend to be lower-caliber students. There are some who are doing the exact same thing as me - saving money, saving the commute - but they're outnumbered by the "Welp, I couldn't get into Yale, but Mommy and Daddy want me to go to college, so here I am."

As a result, I'm a try-hard in classes that I'm paying for. I mostly grin and bear it, as I'm saving several thousand dollars per year by taking gen-eds at the CC, but there are times that I think, "You know, if I were in class with people who actually gave a shit, I'd probably get more out of it."

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by zig on Tuesday February 02, 2016 @02:21PM (#11021750)
I'm in the same boat and it can be quite frustrating. The main issue that I've found is most of my classmates tend to be people who are "dipping their toes in" to the water of higher education and aren't sure what they want to do. It's very non-committal and many of them also aren't interested in putting the effort in (yet).

It's unfortunate, as discussions are not nearly as engaging as they could be.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by hueving on Monday February 01, 2016 @08:38PM (#11017150)
>Extrapolate that from school to life and you

Make the wrong assumption that this article illustrates. I think the only difference you really observed was between undergrad and grad school and had little to do with the prestige of the school.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by exelius on Tuesday February 02, 2016 @10:53AM (#11020170)
Definitely not; the schools just had very different student body profiles. And the big state school I went to for undergrad wasn't a bad school, it just wasn't very challenging because the student body was so diverse in terms of background / intelligence. IMO that caused a lot of the students to slack off, and the school had a "party" culture as a result. Half my high school classmates went there, so I had a built-in friend network already.

Contrast with the undergrads at my grad school (I did a bunch of hackathons and pitch competitions with the undergrads, so I worked with quite a few of them), nearly all of whom were the smartest kid in their high school. Some were pricks, some were more humble, but god damn, every single one of those kids was ambitious.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by AI_Overlord on Tuesday February 02, 2016 @02:55AM (#11018138)
What was your degree in? Not attending any of my engineering classes would almost guarantee a fail.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by exelius on Tuesday February 02, 2016 @10:57AM (#11020194)
CS; I did all the labs and homework at the beginning of the semester and turned it in online. It was a huge state school, so even the hardcore engineering classes had lecture sections of 200+ students. It was far easier to get away with than I had expected.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by grecy on Tuesday February 02, 2016 @12:10AM (#11017719)
I studied Software Engineering, and it was an ongoing debate in the school of IT as to whether a University should even teach programming languages.

In Australia we have a clear distinction between Universities, which typically teach the underlying theories and ideas of things like engineering, biochem, etc (the why) and TAFE (Technical and Further Education), which typically teach how to do stuff like welding and being a lab technician (the doing).

It's vary rare that a graduating mechanical engineer can weld, for example, because the University doesn't teach them that.

I personally think programming falls into the category of doing (like welding), but in this case it's difficult to teach the why of computer theory without having done some programming, but it's perfectly easy to teach the physics and math of building a bridge without ever having used a welder.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by gizi on Tuesday February 02, 2016 @02:00AM (#11017993)
The reason why universities do not teach welding, is because it would become too clear to everybody involved that the teacher is not particularly a good welder. If he were, he would be welding and not teaching. The same holds true for programming.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by asQuirreL on Tuesday February 02, 2016 @03:39AM (#11018282)
It is possible that some people teach for the enjoyment and gratification of it. Some of my lecturers are excellent programmers.

Good programming skills are not necessary to teach CS, but that does not imply that teaching CS is a sufficient condition for having bad programming skills. (Propositional Logic 101, taught by someone who may or may not be good at programming).

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by repsilat on Tuesday February 02, 2016 @05:23AM (#11018614)
> It's vary rare that a graduating mechanical engineer can weld, for example

Funnily enough, the software engineers from my university (U of Auckland) are all taught how to weld, because all engineering students are (were?) sent to the technical college across the road for a short machine-shop course.

I'd say it was useful for the mechanical engineers and related disciplines, maybe civil engineering, but for most of us it was a bit of a non sequitur (though interesting to some.)

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by eru on Tuesday February 02, 2016 @02:15AM (#11018028)
Though it might still be a good idea for an EE to know how to solder, or a civil engineer to have at least visited a construction site.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by spacecowboy_lon on Tuesday February 02, 2016 @03:56AM (#11018338)
In the UK To get Chartered status as a civil engineer you have to have time on site managing a project.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by maxxxxx on Monday February 01, 2016 @04:33PM (#11015652)
I worked at a startup where we had a few people from MIT and Stanford.

When investors came visiting they would be introduced "this is Mike from MIT" where other people who were at least as qualified as the ivy leaguers would get ignored. The VCs seemed impressed. They didn't even need a network. The name of the school was enough to stand out.

Result is that the Stanford and MIT guys would often start their own VC funded companies.

Elite institutions are a very powerful brand. And their reputation gets amplified in the media with headlines "Yale researchers discover...", "MIT develops..."

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by sokoloff on Monday February 01, 2016 @10:06PM (#11017444)
I've seen the same and think it's utterly crazy.

I went to MIT and that's about the least impressive and least relevant thing I can think of to what I did/do for the company I work for. Yet, in investor/VC/pitch/roadshow decks, I usually see "this is how many MIT and how many Stanford grads we have"...

Trust me, it's not nearly as relevant as people think, but it must work.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by jedberg on Tuesday February 02, 2016 @02:35AM (#11018083)
> Yet, in investor/VC/pitch/roadshow decks, I usually see "this is how many MIT and how many Stanford grads we have"... Trust me, it's not nearly as relevant as people think, but it must work.

VCs are risk-averse pattern matchers. Their training patterns include knowing that startups with a high percentage of MIT and Stanford grads do well. Despite the fact that correlation isn't causation, they live off of that fallacy, so they would rather invest in a bunch of MIT and Stanford grads than not.

It actually makes a lot of sense for a VC to do that. They have a huge incentive to have a lot of false negatives and avoid false positives, so it's much better for them to use criteria that will eliminate good companies than allow bad ones.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by santaclaus on Monday February 01, 2016 @06:17PM (#11016444)
MIT and Stanford are not in the Ivy League.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by dopeboy on Monday February 01, 2016 @06:37PM (#11016572)
Technically they're not but they afford the same level of prestige and access that an Ivy League does. So maxxxxx's point still stands.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by maxxxxx on Monday February 01, 2016 @06:42PM (#11016598)
Sorry, I am not familiar with what exactly ivy league is. I hope you will agree that they are the elite schools for tech.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by nommm-nommm on Monday February 01, 2016 @07:02PM (#11016707)
The Ivy League specifically are Brown University, Columbia University, Cornell University, Dartmouth College, Harvard University, the University of Pennsylvania, Princeton University, and Yale University. The Ivy League is actually an athletic conference, but the term also refers to those schools as a group in general.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by alistairSH on Monday February 01, 2016 @07:12PM (#11016748)
The Ivy League is an athletic conference. The members are historically prestigious universities on the east coast of the US.

MIT and a few others are frequently confused as being members because of proximity and their own prestigious histories.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by geebee on Tuesday February 02, 2016 @10:59AM (#11020211)
They are very elite schools, but you know, they really aren't the typical elite schools for tech.

Not a huge fan of the US News rankings, but here is the list for top undergraduate engineering programs (at doctoral granting institutions)

http://grad-schools.usnews.rankingsandreviews.com/best-gradu...

There is only one ivy, Cornell, in the top 10 (though Princeton does clock in at 11). Like I said, I'm not a huge fan of these rakings, and using them to the digit (4th place vs 6th place) is genuinely absurd. But overall, you'll see here that large public research universities, none of which crack the top 20 for US News undergraduate college rankings, are much more prominent where it comes to engineering.

There are reasons in the methodology for this as well - I think that the algorithm used to create the general rankings isn't similar to this one, which (like the ranking for grad programs) is more academic and research focused (not considering average SAT, admission rates, funding, and so forth).

But overall, the Ivies actually aren't highly notable where it comes to computer science and engineering. Large public research universities, as well as elite non-ivy privates, tend to predominate here.

This does make a certain amount of sense. If a STEM major is an "equalizer", where smart people who went to less prestigious schools can compete on (more) equal footing, it would make sense that students at highly selective undergraduate programs might eschew engineering or CS in favor of fields where their undergrad school might provide a stronger differentiator. And, conversely, if a super smart undergrad at San Jose state will have trouble overcoming the pedigree disadvantage in international relations, but can get a more equal crack through engineering, it would make more sense to study STEM.

I'm definitely guilty of some "just-so" reasoning here, but it does fit.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by fma on Monday February 01, 2016 @10:52PM (#11017549)
I'm going to apply to like...Missouri Institute of Technology and start telling people I went to MIT.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by tokenadult on Monday February 01, 2016 @11:27PM (#11017638)
I'm going to apply to like...Missouri Institute of Technology and start telling people I went to MIT.

It's called MUST.[1]

[1] Well, all right, they prefer the term "Missouri S&T," which abbreviates "Missouri University of Science and Technology." Oddly, the Institute of Technology, one division of the University of Minnesota, is no longer called that, because in this part of the Midwest, "Institute of Technology" sounded too much like a for-profit vocational school, so now the same unit of Minnesota is called the College of Science and Engineering, or C.S.E. for short. When I heard about the name change proposal, I thought, "Hasn't anyone heard of the California Institute of Technology [now Caltech is the preferred name] or the Massachusetts Institute of Technology [which is usually called MIT by anyone who knows of it]?"

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by repsilat on Tuesday February 02, 2016 @05:25AM (#11018620)
Manukau Institute of Technology in New Zealand is commonly called MIT.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by rileymat2 on Monday February 01, 2016 @02:15PM (#11014484)
"What you don't get is a "better education". You do the same work as the folks at the less elite institutions."

Is this true? When I look at some of the prestigious universities that have some of their coursework online, some of the courses appear more rigorous and challenging than the large state school I went to. Perhaps this challenge does not amount to better education, but it certainly seems more challenging.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by hodwik on Monday February 01, 2016 @03:13PM (#11015021)
Judging from what I've seen on MIT's OCW and Berkeley's webcasts, students at the best schools are getting a considerably better education in the sciences than I did at a small state university, and students at St.John's are getting a much better humanities education than we got.

What matters even more though is the student body. Hanging out with a bunch of really smart and dedicated young people for 4+ years gives one a huge leg up intellectually.

At my small school there were very few smart people to talk to, it was very lonely and insular. By comparison, time I spent hanging out around Berkeley and PENN were very exciting intellectually.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by nilkn on Monday February 01, 2016 @06:18PM (#11016450)
I transferred from a state school to a top school and the difference was night and day. There was suddenly a much larger variety of advanced courses to choose from. There were faculty who were experts in more esoteric niches. Coursework was harder, expectations higher. And, perhaps most importantly, my new peers were incredibly accomplished, and I could learn as much from them as I could the professors.

At the state school, if you were really, really good at your coursework or were taking advanced classes earlier than normal, you stood out so much that there was actually a sense of isolation. It made me feel fairly uncomfortable in a few cases, which is one of the things that led me to transfer away.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by cooperpellaton on Tuesday February 02, 2016 @10:02AM (#11019773)
Yep. I completely understand and agree with your sentiment. I am in the same position now and when I leave the state school to visit friends at "elite schools" the entire vibe is changed. There is an incentive to be the best and constantly learn there, will at a large university it's more about just passing through the system.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by azinman2 on Monday February 01, 2016 @08:34PM (#11017141)
Yup. Going from ucsd undergrad to mit Phd was a big contrast in the ambition level of the students. When everyone around you has a higher bar, you push your own up as well.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by harryjo on Tuesday February 02, 2016 @01:56AM (#11017981)
Is UCB "elite"? It has a student population the size of the whole Ivy League combined.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by hodwik on Tuesday February 02, 2016 @08:57AM (#11019399)
Enrollment at UCB is 37k, which only puts it slightly above Harvard (21k), Columbia (22k), Cornell (20k), and UPENN (20k).

Also, UCB outranks most of the ivyleague in the sciences, engineering and computer science on most measures --

http://www.topuniversities.com/university-rankings/world-uni...

http://www.shanghairanking.com/FieldSCI2015.html

http://www.usnews.com/education/best-global-universities/ran...

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by glup on Tuesday February 02, 2016 @04:05AM (#11018372)
Berkeley is hard to cluster... the undergrad population has a much more diverse demographic profile (hugely more first-generation college students & more nonwhite students). I'd say the students have more raw talent, but generally less economic and cultural capital than typical students at top-tier private universities. The faculty is Ivy-class (though larger!) but the university itself suffers from periodic shortfalls in the state budget.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by madengr on Monday February 01, 2016 @09:58PM (#11017413)
After viewing an EE course from MIT and UCB, turns out it was the same I took in lesser known school, saving $ in the process.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by rifung on Monday February 01, 2016 @05:30PM (#11016118)
I suspect it's not true. I've had several courses where the instructors had to slow down because students were complaining that things were moving too fast or they were too difficult.

I can't say I know for sure but I imagine if this were MIT or Caltech, the students would not be complaining and instead study harder to make sure they could keep up. On the other hand, they probably wouldn't have trouble keeping up.

I didn't go to a top 10 school but a top 15 CS program for what it's worth.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by Symbiote on Tuesday February 02, 2016 @03:14AM (#11018192)
At the elite universities in Britain, the students would be expected to raise this in a session with their tutor. That's in a group if 2-4, and generally only exists at the best places.

Presumably the tutors discuss this, and if everyone is having trouble it's raised with the lecturer. I think it happened once, and a couple if extra lectures / whole class tutorials were set.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by hodwik on Monday February 01, 2016 @08:50PM (#11017195)
You should really be worried when the students aren't complaining that things are going too fast.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by jedberg on Monday February 01, 2016 @02:20PM (#11014536)
I guess it depends on where you go. My assessment has come from interviewing people and getting into a discussion about what they learned in school and finding out they used the same textbook and exercises as other people I interviewed who went to elite schools. So my assessment is admittedly anecdotal.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by nostrademons on Monday February 01, 2016 @02:43PM (#11014764)
It's pretty common for "elite" colleges and universities to use the same course materials as state or community colleges, but to get further into it. So the textbooks would be the same, the exercises would be the same, but students at a top school would go through them faster and have an extra 2-3 weeks at the end of the course to study material at the back of a textbook. Or the professor would interject some of his own research at points within the course, taking a week out of the "standard" syllabus to learn something cutting-edge.

It's quite rare for a course anywhere to get through all of the textbook - regardless of where you go, there will still be material left unlearned. (This is why one of my favorite learning strategies is to buy the textbook and then self-teach my way through it at my own pace.)

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by nilkn on Monday February 01, 2016 @11:18PM (#11017612)
Also, the very exam could be the same (unlikely), but the grading standards could be much higher at one school compared to another. The class discussions could also be very different, even if they're on the same material technically. The nature of the interactions in student study groups could be completely different. At one school, the student sitting next to you just got named a Putnam Fellow for the second time. At another school, no student has ever, in all history, been named a Putnam Fellow.

It's quite hard to get a sense for what a course is truly like just from glancing at the syllabus.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by sotojuan on Monday February 01, 2016 @09:14PM (#11017274)
Not true in my school either. My school's CS program is very laid back and easy, at the cost of not learning much. I'm a senior with almost a 4.0 in the major and I couldn't do some freshman level homework from MIT OCW for the theoretical classes.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by eitally on Monday February 01, 2016 @02:18PM (#11014508)
It really depends (especially based on area of study). But this is something every future student should research in depth before making a decision.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by dhawalhs on Monday February 01, 2016 @02:19PM (#11014530)
I did my Masters in CS from Georgia Tech. The amount of doors that open up just by being attached to top tier brand is astonishing. Even things like visa interviews become a formality.

Though I disagree with the "better education" part. There were some courses that were unique only to Georgia Tech or taught by professors who were well known in their field.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by ralphc on Monday February 01, 2016 @02:38PM (#11014723)
Got my Bachelor's in ICS from Georgia Tech in 1984. After a layoff from Oracle in 2012, 28 years later, my recruiter said that the Georgia Tech degree opened doors and got me interviews. I was interviewing in the metro Atlanta area but still.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by dpeck on Monday February 01, 2016 @02:57PM (#11014879)
oddly enough the GT degree is probably more respected outside of Atlanta/Georgia than in it.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by ap3 on Monday February 01, 2016 @02:46PM (#11014795)
After 28 years your work history would trump whatever you did in school.

Amazingly the Georgia Tech degree did not prevent a layoff

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by sokoloff on Monday February 01, 2016 @10:09PM (#11017454)
Nor did MIT prevent 2 of mine when the company closed an entire office or killed an entire product. It did make the landing a lot softer and quicker I think.

Partial layoffs (20% of your job "family") are usually about the employee. Wholesale layoffs (all of a job type, all of a product team, all of a location) are generally completely independent of the specific employee, skills, capabilities, or performance.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by mikekchar on Monday February 01, 2016 @08:45PM (#11017163)
I did not go to an elite school. Most people will probably not have heard of my school ;-). With that caveat in mind, here is my experience from hiring programmers over a couple of decades.

Good programmers from elite schools are in high demand and can ask for relatively high salaries. When I have been working in companies with big budgets, I can get good programmers from elite schools. When I have been working in companies with smaller budgets, I can't.

However, as you infer, I don't find a big difference in the quality of new graduates based on the school that they went to. Overall they seem to have a very similar gradient of ability. The schools can differ on what they concentrate on, but I have found that good quality programmers suck up everything around them anyway. Whatever they missed at school they have either independently worked on, or are keen to learn after school.

From a hiring point of view, I actually target people from lesser known schools simply because there seems to be a higher percentage of good people available. Obviously from a getting hired perspective, you will have a greater chance of working on a team with a big budget right out of school if you go to an elite school.

One thing I learned when I worked as a teacher: good students need very little in the way of instruction. Point them in a direction and give them freedom to learn. That will give you the best results. In fact I have been fortunate to work with several really marvellous programmers who were self-taught (though I don't recommend that approach for most people -- it's hard to focus and to know what is best to concentrate on).

From my perspective, an elite school is ideal if you are hoping to make contacts and to go to a big famous company right out of school. If your goal is to learn, then you can save a HUGE amount of money by choosing a less prestigious school. I graduated with no debt (admittedly I worked programming for various professors all through school). It takes a pretty big difference in starting salary to offset that kind of advantage.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by taurath on Monday February 01, 2016 @09:29PM (#11017312)
Nice to hear that perspective. I'm self taught and don't recommend it for the same reason - its also actually quite difficult to find professional mentors if you're not already in some sort of professional field with a close link to software or coding. In most ways, having no college requires more connections than college!

Still, the cost of any college is absolutely stifling unless you're willing to take on a lot of debt or have parents willing to support you - unless you have absolutely top grades. Too many very intelligent people I know growing up had social or parental problems - passed all their tests but couldn't do the homework due to trouble at home.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by mikekchar on Tuesday February 02, 2016 @04:37AM (#11018483)
4 years of salary instead of paying for school is going to end up being pretty close to $200K even if you are paid at the very low end. That's nothing to sneeze at. The downside (as you know) is finding time to study, figuring out what you should study and making sure you stay employed for those 4 years. After that I don't think you're really at any disadvantage compared to a new grad.

I think the major downside to skipping school is that it makes it nearly impossible to immigrate to another country sometime in your life. A degree in a related field is worth its weight in gold in that case.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by taurath on Tuesday February 02, 2016 @04:26PM (#11022772)
That problem is one I'm firmly coming to grips with. I'm actually considering looking into school in another country where its cheaper and they have more need, but I'm afraid that nearing 30 is too old for most institutions (especially on the pay part). I've yet to see almost any resources or help for people later in life wanting to go to school. I'm enjoying my debt-free living and not living anywhere near the level to what I make but I'm afraid of losing out on opportunities in the future, especially with my want to travel extensively.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by mikekchar on Wednesday February 03, 2016 @08:32PM (#11031365)
Hopefully you'll see this. You may have the best luck by actually trying to get a master's degree, qualifying for it with your 12 years of experience. Normally that would be considered enough. They will probably make you do a "qualifying year" of 4th year courses, but those are the most interesting anyway. This cuts the time from no-degree to degree to 2 years from 4. Especially because master's programmes often have a light course load, you can also reasonably do it part time (allowing you to work at the same time). Finally, if you manage to do very well in your "qualifying" courses, you can often find more age-appropriate financial assistance in grad school than undergrad. Hope that helps!
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by taurath on Thursday February 04, 2016 @04:28PM (#11037387)
That is great to hear - thank you very much! Did some research and it looks possible, though not particularly likely. My 12 years of experience isn't directly in programming unfortunately - I work in video games as a PM/assistant producer before moving to code about 5 years ago.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by gizi on Tuesday February 02, 2016 @02:07AM (#11018012)
With change inevitably and regularly hitting technology, everybody in the field will end up becoming self taught. The ones who are not, will sooner or later have to leave. A demonstrated ability to self teach is therefore the number one requirement for anybody who considers a career in programming. In other words, you could as well start right away like that. If you fail early on, you should pick another field and you will have saved yourself a lot of misery in the future.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by taurath on Tuesday February 02, 2016 @04:27PM (#11022795)
Thats quite true. I've attempted to guide several people and the ones that do well are the ones that will stubbornly constantly attempt to solve and research the problems themselves - I have to keep checking up on them to resolve roadblocks. The ones who do less well are the ones who need a constant high levels of guidance.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by WalterBright on Monday February 01, 2016 @09:29PM (#11017309)
> What you don't get is a "better education".

I attended Caltech. In my later work experience, I clearly received a more thorough education than my peers who went to other colleges, particularly in math. And yes, it did give me a leg up.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by Nimitz14 on Tuesday February 02, 2016 @02:01AM (#11017996)
> What you don't get is a "better education". (Edit: Some have pointed out rightly that I should differentiate here between top non-elite instututions and the ones that are diploma mills, so to be clear, what I'm saying doesn't apply to the diploma mills.) You do the same work as the folks at the less elite institutions.

It's not just diploma mills (unless every uni outside of the top ~10 is a diploma mill for you). In my opinion you are completely wrong. Quoting myself from a similar thread:

> I'm at a mediocre university and watching MIT lectures has made me realize I'm missing out on literally mountains of knowledge. Never mind the qualification process, spending several years with intelligent people (both students and faculty) [also] makes a huge difference.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by jedberg on Tuesday February 02, 2016 @02:28AM (#11018065)
No, I don't think all Universities are diploma mills, far from it. But if you feel like the content at MIT is that much better than what you are getting, you may want to bring this up with your faculty and ask them why.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by Outdoorsman on Monday February 01, 2016 @04:02PM (#11015404)
>1) It puts you in a network of other people who went to the institution, oftentimes people who have connections that can help you in life<

That's not to be undervalued:

Based on years of experience I would estimate that the "good" jobs, often regardless of the field, are landed as follows:

Networking (60% of my "gigs":) Nepotism (10%, maybe more, much less in my case) Proven Ability to Deliver (20%) Good Luck (10%)

Having said that, I believe it's very possible to leverage network contacts from a smaller school, especially if you're a member of on-campus groups that have a nation-wide presence...

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by rhino369 on Monday February 01, 2016 @02:17PM (#11014503)
>What you don't get is a "better education".

Comparing elite schools to flagship state public schools this essential true. But there are a lot of diploma mills that water down the curriculum so people who have no business being in college can pass.

Whether a better education will actually make you a better worker or person, I'm not sure sure about that.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by nilkn on Monday February 01, 2016 @11:26PM (#11017634)
Would you consider Mizzou a flagship state school? If so, I transferred from there to an "elite" school, and the difference for me was pretty huge.

Then again, I was a math major, and I've traditionally believed that math is one of the subjects where the school can make the biggest difference. There's a cultural aspect to math where being surrounded by a ton of extremely passionate and talented mathematicians is just impossibly valuable. At Mizzou, even the math majors didn't seem to care. I stood out like a sore thumb just for being truly passionate about the subject.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by nikdaheratik on Thursday February 04, 2016 @12:27AM (#11032199)
It can vary quite a bit depending on the area of study no matter which school you choose. Different flagship universities (and elite universities) have different strengths and weaknesses based on history and the faculty they bring in for research. An aerospace engineering degree from Kansas Univ. (for example) is worth more than a Mechanical Engineering degree from the same Uni. With Univ. Missouri-Rolla (for example) that might be completely reversed.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by serge2k on Monday February 01, 2016 @02:33PM (#11014689)
It also gives the ability for the company hiring you to say to their clients "We only recruit from the top 5 schools in the nation".
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by SerLava on Monday February 01, 2016 @03:06PM (#11014966)
I feel it should be pointed out that if the industry you're in is showing up as unaffected by the eliteness of your school, then it's covering the three factors you describe. If you get the same salary then all that networking either didn't actually happen or didn't actually have any impact on your bottom line.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by cm2187 on Monday February 01, 2016 @06:03PM (#11016354)
There is also one important thing: a student from a good college is no more guaranteed to be smart than a student from a mediocre college to be not so smart, but there is certainly a correlation. And many top recruiters that have to process thousands of applications every year use the college as an easy filter to get better candidates. This practice, fair or not, probably achieves its goal statistically.

That makes certain professions unreachable from outside of a few colleges, like some top law firms, consultancy, banks, or even tech companies!

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by mattlutze on Tuesday February 02, 2016 @04:52AM (#11018531)
> 1) It puts you in a network of other people who went to the institution, oftentimes people who have connections that can help you in life

The caveat is that you at some point need to build personal relationships with these folks. Success in the network might be a minor influence at baseline ("ah, from my old alma mater, sure I'll take the interview...") but those choice positions come from friends offering friends' friends jobs.

To boot, I think this can be true even in skill-driven fields -- unless you're intended to be a pure engineer, money comes from managing people & projects (i.e. the more work you can generate for other people, the more valuable you are). These positions requires far less technical chops than we'd maybe like.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by silverlake on Monday February 01, 2016 @03:21PM (#11015086)
I went to a top 10 non-Ivy school still bruised from my rejection from MIT. It seems MIT would go a bit further and deeper in CS subjects than my school. They could work on cooler projects because their CS faculty is huge. And every company recruits from MIT.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by arcanus on Monday February 01, 2016 @03:29PM (#11015139)
I'm surprised to hear that. It never hurts to be the best, but in my experience all the top-10 (or even top-25) programs are quite competitive. My research and summer internship opportunities were just as 'cool' as at any other program, at least in my opinion.

I've always found that my degree got my foot in the door, after that it was my research experience, internships and performance in interviews/code tests.

I went to a top-25 non-ivy.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by SilasX on Monday February 01, 2016 @03:45PM (#11015270)
Yep, when you consider points 1-3 (plus filtering for some intelligence), the schools could basically just have you memorize Pokemon esoterica all day, and it would still look like a "great education".

In that case, college's apologists would still give the same rationalizations about "Pokemon dynamics teach you how to learn, and give you a broader view of the world, and the Pokemon evolution system helps you better structure your thoughts for clear communication, which is obviously why it improves your earnings and is a must-have for being a well-rounded individual who doesn't just fix toilets all day".

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by sbuccini on Monday February 01, 2016 @02:32PM (#11014673)
In the case of UC Berkeley computer science (which be both graduated from) it also (4) puts you geographically close to the heart of our industry. I've found this to be nearly as indispensable as (1).
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by tzs on Monday February 01, 2016 @07:20PM (#11016786)
> What you don't get is a "better education" [...] most of the "less elite" schools still use the same textbooks and materials

It sounds like you are concentrating on the classroom experience, but there is more to a good education than the classroom.

For instance, at schools like Caltech and MIT undergraduates have excellent opportunities to get involved with research, and have access to state of the art equipment. Such opportunities are a lot more limited at, say, a Cal State branch.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by sklogic on Monday February 01, 2016 @04:13PM (#11015496)
Forget about textbooks, they're irrelevant. The exclusive thing some universities can offer is a direct guidance from the top academics (including Nobel prize winners).

This is the main (and probably the only legitimate) reason to want to be educated in such an institution. They can provide an access to an early research material which is not even published yet, and will only get into textbooks decades later.

Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by harryjo on Tuesday February 02, 2016 @02:00AM (#11017992)
For the most part, this opportunity is wholly irrelevant to undergraduates -- they aren't ready to benefit from it.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by sklogic on Tuesday February 02, 2016 @02:52AM (#11018131)
Why? They're (a majority of them) are in exactly that age when the great minds can influence them most strongly. Later on in their career they'd have a bunch of sticky prejudices, their own solidified research interests, and so on. Meeting a great mind won't sway them as much as it can do to a young and unspoiled.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by invalidOrTaken on Tuesday February 02, 2016 @03:18AM (#11018206)
You know, it's funny; I was an undergrad when, broken-hearted over a girl and wondering why it didn't work out, I came across a partial explanation (http://paulgraham.com/nerds.html), thought, "This guy is smart and writes well," read some more (http://paulgraham.com/avg.html), and...well, six years of lisp later...here I am.
Re:Do Elite Colleges Lead to Higher Salaries? Only for Some ... by zaphoyd on Monday February 01, 2016 @03:56PM (#11015358)
In my experience it depends greatly on which schools and which subjects you are comparing. A few [anecdotal] thoughts on "better":

My wife started her degree at a community college. They had pretty decent humanities courses, kind of lousy biology courses, and downright embarrassing (or really non-existant) computer science ones. She transferred for the rest of her degree to a reasonably well known, selective, but not `elite` school (was accepted at an ivy but we turned it down due to not feeling the cost was worth it). Both the humanities courses and bio courses there were excellent. The CS courses (with the exception of one class/professor) were not great. Like in the professors teaching things that were wrong sense. =\

I attended a top 10 school and classes in every field I took were well done. Better than the Hum/Bio stuff at my wife's second school? No, not really. But I didn't experience anything anywhere near as bad as her CS classes.

The community college (and to a lesser extent the mid tier school) had a lot of issues with administration. At the CC you'd have to physically wait in hour long lines for basically anything (picking up IDs, seeing your advisor, fixing class registration issues, etc). The "quiet study area" signs were completely ignored. The mid tier school was much better, still, there were issues with getting into the right classes necessary to finish majors and minors as there simply weren't enough spots in the higher level classes. There was a stressful song and dance the first week of each term trying to get off of waitlists and into classes.

The elite school I attended had an absurd 3:1 student/faculty ratio. The only class I ever had trouble getting into was one video games that the entire school must have registered for. I could usually walk into my professor and advisor's offices without appointments. Does this make the education "better"? Eehhh not really, but it was way less stressful and I had more time and energy to devote to learning stuff and less to dealing with understaffed bureaucracy.

Finally, the elite school had a whole lot more instructors who were well known or well connected in their fields, won Nobel prizes, etc. We got many more famous and influential guest speakers. I learned C++ from a member of the C++ standardization committee. Networking from someone who worked on ARPANET. Professors that I had classes with were referenced in popular scifi tv shows. My wife jealously (but playfully) pokes me at least weekly pointing out yet another book or paper she's been asked to read in one of her classes authored by researchers from my school or they've been mentioned in a textbook as having discovered something particularly important about her field. Does this make an education "better" or worth the price of admission? I'm not entirely convinced on that, but I think I do have a better understanding of some of the inner workings of my field because of some of the stories and asides made by instructors who were there for it.