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The Ivy League and other elite private colleges are losing esteem

natesilver.net

31–40 of 186 posts

Re: The Ivy League and other elite private colleges are losing esteem

#31

One of the worst, most embarrassing mistakes one can make as they age is to believe themselves so wise as to offer up unsolicited advice to the young.

The only advice you can give the young is unsolicited. They'll never ask for it because they already believe they know everything. I'm fully aware my reply is ridiculous, much like what I was responding to.

once I hit 40, I noticed that I became far more receptive to giving and receiving advice.

I used to think old people gave advice because they were know-it-alls, but now I think it’s just because it can take a while to really understand that experience is valuable

Re: The Ivy League and other elite private colleges are losing esteem

#33
post #26

Earlier quoted context omitted.

And the resumé boost is for life.

Unless of course: “Public perceptions of higher education have declined rapidly, and I expect the problems to get worse.” turns out to be the case (Which it probably won’t)

It absolutely is the case for Nate, who has a vested interest in attacking education.

Re: The Ivy League and other elite private colleges are losing esteem

#35
post #3

When the richest and most powerful start sending their kids to public school then I might believe this. Until then the title makes for good clickbait but nothing believable. This tweet I read earlier today lays out the case: "The best reason to go to a top 10 American university: In a random class you'll have a governor's daughter, the son of a billionaire and two guys with 170+ IQ. It's a hell of a group of people t…

The point I gave up reading was when Nate started arguing that a degree from an Ivy League would look worse than a good state school to employers because those students are clearly political activist nincompoops. And it's like... first off, these trends have been going on for as long as I can remember (and I am no longer young), and second off, you got your fame doing good statistical analysis, surely you could back…

It's hilarious to see people up in arms about these students protesting.

As though students from different generations didn't do exactly the same thing about the Gulf, Iraq, Afghanistan and Vietnam Wars.

Re: The Ivy League and other elite private colleges are losing esteem

#37
post #14

Earlier quoted context omitted.

> hard to believe that Google is going to start not wanting to hire MIT grads because MIT has a protest encampment There was a time when Google wouldn't consider a candidate if they weren't from MIT. The loss of that monopoly is the point. You aren't disadvantaged going to MIT today relative to a few decades ago. You're just not as relatively advantaged as you once were.

I'm extremely skeptical that this shift has anything to do with protest encampments and coddling concerns.

It has everything to do with explosive growth in IT jobs, definitely nowhere near enough MIT grads to fill probably just googles growth, plus other things, none of which has anything to do with alt-right conspiracy theorist Nate silver claims.

Re: The Ivy League and other elite private colleges are losing esteem

#38
post #27

Earlier quoted context omitted.

I think they are losing esteem, but some silly protests aren't why. The selection process itself is deeply, deeply flawed and interacts poorly with incentives for education. Feedback on performance is muddled up with the effects of networking with monied up people. Not much of this is positive. Their ability to hire and the amount of money they have still is, I suppose. Assuming those are focused on teaching, though,…

Networking with monied people is still a perk for sure. But I wonder (jokingly but not completely jokingly) if you’d be better off spending 1/10 of the cost going to Burning Man every year with index cards of rich inheritees to hunt down.

Maybe not Burning Man, but probably Coachella and SXSW.

Re: The Ivy League and other elite private colleges are losing esteem

#39
post #29
post #13

I think I agree with Nate’s advice (skip the Ivies, go to a good state school) but I don’t agree with the reasons why. I don’t think elite private colleges are losing esteem at all (the recent noise about pro-Palestinian protests will be forgotten five minutes after they stop, just like all the other campus protest movements in decades past, this isn’t new!), I just think the economic argument is getting harder and h…

I get your point, but Ivies (and other rich private schools) offer dramatically better financial aid to "middle class" students than most state schools do. E.g. most students who qualify for aid would take on less debt to attend Stanford or an Ivy than to attend, say, UC Berkeley. Or pick some other state school, since Cal has had its share of protests.

Indeed, if they’re going to pay to build your future network and luck, take it.

Re: The Ivy League and other elite private colleges are losing esteem

#40
post #28

Harvey Mudd will cost $93K this upcoming year. Virginia Tech will cost $41K (in state). It is tough to justify a 2.3x difference in price.

> Virginia Tech will cost $41K (in state). It's hard to justify that sticker price too.

I see 37k, which includes room, board, and some modest personal spending.

https://www.vt.edu/admissions/undergraduate/cost.html

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