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> Last year, 12 percent of Stanford MBA graduates were hired by private equity firms, with a median starting salary of $177,500, the article said. Venture capital companies hired 7 percent of them, and paid a median salary $167,500 to the beginners. Wow.. I chose the wrong career track.
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Well, Stanford has a need for future rich donors. Perhaps that’s the need being met?
I'm sure people have done studies. Who donates more money? The poor kids who struggled through life and attended Stanfurd that finallyed opened the doors for him to become rich? Or the blue blood with the silver spoon who would have made it through daddy's connections regardless of which school he went to? I feel the former has stronger gratitude for his school.
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Or get her into Stanford, where she'll get a $170,000 starting salary after four years, and can buy a rather pretty new car every quarter.
Stanford undergrads do not make 170k base salary after graduation. Please read the article, it was talking about MBAs, specifically "12 percent of Stanford MBA graduates were hired by private equity firms, with a median starting salary of $177,500, the article said".
> Last year, 12 percent of Stanford MBA graduates were hired by private equity firms, with a median starting salary of $177,500, the article said. Venture capital companies hired 7 percent of them, and paid a median salary $167,500 to the beginners. Wow.. I chose the wrong career track.
you forgot how much a Stanford MBA puts you in debt..
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Payday loans, credit card interest. Financing plans. Being poor is cripplingly expensive.
Credit cards are the one thing I can’t wrap my head around. I am not American and most of my young U.S. friends I met early in college were so excited about having a credit score of x which entitled them to more debt...
I only know people who use credit cards to get 2%+ back from their purchases, plus an interest free 20 to 45 day loan. If you're spending with a credit card more than the cash you have on hand, then you're doing it wrong. Obviously, there must be some cohort of people that pay interest, but there's no reason anyone with half a brain can't setup up autopay and earn the cash back benefits and rental car/travel insurance benefits without paying any interest at all.
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Our society is culturally configured to promote lying here. Instead of addressing the issue openly like adults, people decide to operate covertly, driven by competition and fear of missing out. It'll be nice when we start to culturally grow up a bit and begin trusting the world. Collaboration/hybridization is much quicker than competition when it comes to genetic evolution & I suspect the same holds for cultural evol…
One issue I think we need to address is how society basically judges things based on sound-bite descriptions of them. This is an area where I think IT can contribute, by trying to find ways to bias our communication technologies against such practices.
We need a design theory based on mindfulness.
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Sure, but don’t lie about it. If it’s not need-based, don’t insist it’s need-based.
Ok, lies are unacceptable. To play devil's advocate here: the press and the public do not want to hear that tech companies pay 7 digits of monthly salary to attract some talent. Nor do they want to hear that Universities have to offer merit based scholarships to attract top students, otherwise these students will go elsewhere. Companies advertise their diversity efforts but not the salaries of their executives. Stanf…
This is the best apologism for a liar, because apparently that's what the person lied to 'wanted to hear', according to the liar.
Integrity does not depend on what people want to hear. Stanford can articulate their view point and do their own thing. Lying betrays a lack of belief in their view point and a lack of integrity.
Having worked at a university at one point I can understand how shitty security is at virtually all universities. But Stanford claims to turn out brilliant technologists (in addition to these overpaid MBAs) yet apparently doesn't hire any.
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Companies can have both a diversity policy and a policy to make sure the top talents don't go elsewhere. University too, can have a diversity policy as well as a merit policy. To compete and attract the best students, University must either provide merit based scholarship, or organize with other universities to get rid of merit based scholarships everywhere (cartel!)
Sure, but don’t lie about it. If it’s not need-based, don’t insist it’s need-based.
/s
> Last year, 12 percent of Stanford MBA graduates were hired by private equity firms, with a median starting salary of $177,500, the article said. Venture capital companies hired 7 percent of them, and paid a median salary $167,500 to the beginners. Wow.. I chose the wrong career track.
you forgot how much a Stanford MBA puts you in debt..