1. Do you think you’re going to learn calculus better than you would at flagship state U? - No. There might be a small difference but I would not claim to have received an education that is significantly better than any state university. I was able to take very specific grad-level classes and learn basically whatever niche subject I wanted to - which might be an issue at schools which do not have comparable funding. But overall, not significantly better than a state U.
2. Do you think you’re going to work with famous professor there? - In my experience every student who was competent and wanted to work on a research project was able to - even as soon as their second semester in freshman year (might not get the exact professor and project you want - but in my experience all professors have an incredible reputation and you will gain a lot out of whoever you get to work with)
3. They will hand off all your classes to adjuncts and grad students. - In all my classes, grad students have been responsible for grading assignments and exams, but never for teaching - only the professors teach.
4. Don’t waste your money on a fancy brand - I didn't. Coming from a low-income household, Cornell covered all my expenses and I have not paid a single cent my entire 4 years (and no loans). It is significantly more likely for an Ivy League university to provide full financial aid as they have the endowment to do so.
Additionally, the biggest advantages for me with regards to the brand name were: 1. Recruiting - recruiters from FAANG and other top companies come to you - pretty much everyone I know was going into FAANG or a top fintech company their sophomore or junior year internship. 2. Networking - Since there are so many alumni already at top firms, it is significantly easier to get referrals.
As an individual, my decision then is: do I want to choose a place that sets me up for a high paying job and with connections I can rely on for life, and does not take my money for it, while also not having any downsides (that I can see) compared to a state university? Choosing a school for these reasons seems like the most rational choice anyone could make in that scenario.
Please correct me if I am misunderstanding your argument.
But ivy league schools don't present themselves as just a networking opportunity. They present themselves as a way to get a much higher quality education than other universities (and this is why you should hire their alumni).
It would be more honest to present themselves as a marginally better education experience, and also a place where powerful people send their children, thus allowing better networking.
As a society, it doesn't make sense to put that much weight behind the ivy stamp on your resume, if the education is the same as a flagship state school.
As the saying goes, "It ain't the grades you make, but the hands you shake."
For students in your situation, it makes sense to go to a private college with lots of financial aid, since there's basically no downside. For middle class students, it makes much less sense since they and their families have to take on huge loans. Even for wealthy students, it's not as clear a case as for low-income students. You have to be very wealthy for your family to be able to easily afford $320k per kid.
This would be better described as Ivy+ which is the usual Ivies and colleges that are considered at that tier such as Stanford.
Putting it another way, if you are going to college and you had an Ivy+ college as an option, why would you not choose that?
The studies I’ve seen contradict this. Students who are accepted to elite colleges but instead go to “lesser” schools do just as well as their Ivy counterparts. The exception is extremely poor students who do better by going to elite schools; researchers speculate that is due to networking effects. But that effect doesn’t generalize well like your comment implies.
The reason for this (at least from what I've heard) is that when you've got the credentials to get into an Ivy, the limiting factor for your success is "being able to complete your degree."
If you choose an "easier" school, your odds of completing a degree go up by a lot. You also stand a chance of being one of the best students there, further bolstering your transcript and opportunities for doing research while at the university.
Part of the problem is trying to work all this out at an age where you're not even allowed to vote, let alone buy a beer or a gun.
One of the surest things to aim for, in my opinion, is minimizing external debt carried afterwards, which for low income but high achieving students, may mean aiming at the very top, where full scholarships are available.
It’s not got much to do with the quality of teaching as you point out; it’s largely for signalling purposes.
Apparently there are now would-be students getting into Ivy League colleges with no intention of ever matriculating and paying the vast fees. They simply attach their offer as proof of their intellectual potential/elite group membership to their CV and get a job where they’ll learn far more than they would in four years at an old academic institution (and get paid to do it!).
If you ever wanted proof that the certification is worth more than the experience itself, that must be it.
Good thing Harvard has a $50bn endowment to carry them into the future. /s
You go there to be surrounded by smarter people, with better connections, better extracurricular programs, and the name brand recognition to get a headstart on adult life.
If you care about results, focus on results and the rest will follow.
Where do you think are places with better 'results'?
Not trolling here, I am genuinely curious as to your metric and the places/things that fit it.
For example, Bill Gates left Harvard after two years. He did quite fine without graduating by most metrics. I imagine he would have been quite successful, perhaps in a different way, had he not attended at all.
Even Billy G would have had two years of knowledge of people whom he could tap - and if you go back and research early Microsoft, I bet you'd see evidence of that.
THAT's why you go to an Ivy. It's where the successful go.
I'd rephrase that as 'going to an Ivy (or equal non Ivy notable school like Stanford) - gives you - all things equal - a better chance of success' (by various points made by others who have replied to the parent comment).
Now what's interesting is the parent comment 'why would anyone ... a joke' clearly shows that they don't understand at all the value or branding. As if it's some type of mass delusion of stupid people.
Interesting that you place such a high value on branding compared to actually being able to do your job.
So the additional competency from direct instruction is negligible. That doesn't mean that the value of attending a top-tier university is negligible, because the direct instructional education is only a small part of what someone gains access to at a university.
There's the social network aspect: There is a lot of value in having personal connections with other successful people. People need business partners, investors, advisors, etc. in order to be successful, and top tier universities intermingle you with others who are likely to be helpful in those regards. At top tier universities, the majority of people you interact with will either talented, wealthy, or both. At a lower tier university, the pool is far more diluted, reducing the utility of your social network in pursuing success.
There's the branding advantage: if you're choosing between two people, and one has someone you trust vouching for them that they're competent, and the other doesn't, you're going to go with the first person every single time. A top-tier university is basically that third party, vouching for its graduates: they're more likely to be successful, and people want to surround themselves with successful people.
And then there's the educational advantage: If you're surrounded by other smart, motivated people, you're going to gain real educational advantages by cooperating with them. You learn from each other, bounce ideas off each other, etc. If you're by far the smartest person in the room, you don't get nearly the same added value out of your education. At a top-tier university, you're going to be surrounded by substantially more high-quality students than at a lower-tier school.
And yeah, convincing people to give you money is BY DEFINITION valuable. As measured by the value of the money they're giving you.
Ultimately, you’re going to have to drive across a bridge someday designed by John or Jane Q. Ivyleageue. Would you prefer they got the bridge designing contract because they were good at calculus or because their college roommate’s uncle was in charge of awarding the contract?
I can see the argument that the perks of elite education do not justify the increased cost, but I've never seen anyone argue that elite education is actually of substantially lower quality.
The thing is about the student body at a top school (IVY or notable again) is the percentage and general feel of the student body that fits the 'busted their ass to get to that school' instead of not caring that much. And really living working and dreaming about going to the top school including but not limited to sacrifices that they might have made.
Yes. Compare this Harvard Calc I final [0] to that of UNC Charlotte [1]. The test format of the Harvard exam works in the student's favor, but the questions are more difficult, more conceptual, and encompass optional topics that are not in a typical Calc I course (PDFs, Midi function). The Harvard class also requires students to demonstrate competency in various proofs that would not be required in a purely computational Calc I class.
[0] https://people.math.harvard.edu/~knill/teaching/math1a2020/f...
[1] https://math.charlotte.edu/sites/math.charlotte.edu/files/me...
Why would you go to an Ivy? Do you think you’re going to learn calculus better than you would at flagship state U? You aren’t. Do you think you’re going to work with famous professor there? You aren’t. They wouldn’t touch an undergrad with a 10 ft pole. They will hand off all your classes to adjuncts and grad students. Don’t waste your money on a fancy brand.