He hated it! In contrast, take a look at the graduate profile on LinkedIn of my alma mater, William & Mary in Virginia. I’d most likely whip them on the tennis court, but tennis wasn’t a prerequisite to get a job in banking. Even if you get an excellent education. Many of these teachers who struggle to feed themselves leave the profession. I’ve seen the same pressure mindset also based on: 1. Financial Samurai is now one of the largest independently run personal finance sites with 1 million visitors a month. I think about this a lot, and because I never had such guidance, I teach my kids as much as I can about different schools, career paths, and other things that I think will be helpful. By Robert Ambrogi Aug 1, 2016 at 3:31 PM – London school of economics, HEC Paris, MBA Insead Enough false starts post-MBA to warrant a lot of reflection. Did you say you birthed 10 children? Do you want public or pvt school? Back when I entered college, I shied away from the Filipino group because I already know about my own culture and had a ton of Filipino friends. Bridgit Mendler Is Headed to Harvard Law School! Now that you can learn everything online for free, the stakes for achieving greatness have never been higher! Yes, I had a job, but I still think I was and am a nobody. Some treadmills are better than others. Yes if you want to think like a lawyer or you intend to work with judges, lawyers, legislators and/or regulators deeply and on a substantive level (meaning discussing laws, adjudicating, legistlating and regulations). With over 10 years experience he's covered businesses, CEOs, and investments. Somehow my in-state education (undergrad + grad) got me to the same place as they are currently. We payed for our son’s in-state public education(UVA) with no savings in 529 “Pay as you go”out of pocket. My hopes for my kids? For me, it’s a real estate property portfolio, my online business, and my savings. As a parent, what were some of the things you did to help get him into Yale? The College is a backdoor into grad programs at those Universities–if you can afford it…. Typically, if you ask someone where they went to college, they will of course state their undergrad. Utilize your intellectual gift by doing something the rest of us could never imagine! Or being finely in tune with the thousands of people I’ve spoken to, or who have written in? Wu’s mission is to better understand the cultural distinctions that help explain these decision-making patterns—insight that is particularly relevant in the age of globalization and might help the growing numbers of Asian students in the U.S. better navigate the country’s higher-education system. One of my best friends was our valedictorian and he went to Princeton. If you know what you want, just do it! Exactly! Being an entrepreneur is not for the faint of heart. Surely they must be able to do something more special than everybody else in the workplace. (undergrad or graduate). – Finally accepted finance was not a personal fit, and asset management is a shrinking industry. I’d argue, instead, that Boston punches far above it’s weight class in the characteristics you mention. I knew of an awkward, shy Asian American who went to an Ivy but struggled getting any job at all because employers and others looked down on him for coming off weird and awkward. His path makes me feel that getting a PhD is too costly a career move today. Then I try to slip away. By income and savings(by age also, if include PENSION in to account) . Burn out is high. So any specific advice is welcome. Bill Gates middle and high school is about 5 blocks from our house. I’d say the crappy weather and the rise of cities like San Francisco over the past 20 years, (and the west coast in general, I.e. Hey maybe, once I’m FI, and the school pays me to get my PHD, I will consider it. That was the school I considered it when I lived in the suburbs of Virginia, but I knew I couldn’t get in and I also knew that paying that type of money was on affordable to us at the time. I definitely think this is one of the best articles on the topic. I remember Peter Thiel questioning college and why people think they have to go down a certain path to get to where they want. I am one of those elite college graduates you mentioned, having gone to Duke. I would take the community college option, followed by a state 4-year school, followed by a graduate degree paid by an employer. Even in SF, if a study were done, it would show a significant percentage of poor Asians, and Asians would definitely have the highest income inequality of all ethnicities in SF. Forget about being a stay at home parent. I graduated from UVA a couple years ago and have since been working at Treasury. It looks like Bridgit Mendler has put her singing career on hold for a while longer, because she just posted some major news on … Thank you for your kind thoughts and suggestions. If encouraging students to attend a public university instead, I guess we have different definitions of elitism. – Alumni network (Apathy Ends mentioned this in a previous post) The final part of it was I felt guilty if I did go to private school, and didn’t want the pressure the comes w/ spending $100,000+ at the time. Their circumstances do not let anyone else recognize them. In my mind, from the FI perspective, I’m glad I didn’t go into $ of debt for my graduate degree. Tell us about yourself and whether you have kids and what educational and career path you took. Honestly, people knew very little about me, even my best friends. incubator programs, that focus on precisely what someone wants to do. If you matriculate at Harvard, whether for undergrad or graduate school, great things are expected of you. However, despite working at all the go-to industries and companies and attending all the prestigious schools a go-getter would want, at 34-years-old, she left it all behind to try and build something of her own. It’s just so tough being a financial consumer nowadays. This was a post I needed to read. I dropped out of school the day I turned 16 (the legal minimum in my state). I enjoy my alumni network, but it is my job network (finance, media, entrepreneur) and tennis network that are way way more important than my school network. What is your partner do for a living? Leaving NYC helped (a little) with the hedonic pressure, but it’s there. He got out and started doing work that helped others. If it doesn’t work out, you can always fall back on the money. If you didn’t get into a school like Harvard, be thankful! Then followed by early retirement. Everybody somebody. Then the megacorps, as you note, get their interns from the same schools, perpetuating the disparity. Tell us how you went to those three excellent schools after dropping out of high school. Thoughts: Another standard career path for those who attend Ivy league universities. I wasn’t lucky enough to realize this truth until I was in my 30s. If I went to an Ivy League university, I would never have met my spouse either, and I would be forever sad because of it. maybe things will get better once you have a little bit more experience? Especially when I’m around MBA types. I’ll admit I stopped telling people where I went to school for this very reason. I’m proud to see Education and Community and Social Services right up there in the What they do column. Tell kids who have no concept of higher education that they can dream big. Well, he skied a lot last winter. Over 15 years we work for the state in IT. I read something about a guy who went to an Ivy League school and had friends who did also that were very unhappy in their finance, law and other prestigious professions. The rest is discipline, risk mgmt and some luck. Leverage? The thing is, all the profiles I showed are on LinkedIn, which by definition or people with jobs who are highly motivated to show what they’ve done and network for new business or job opportunities. The thing is, you don’t need all that education and experience to start a newsletter or your own website. I can only read feedback from those with PhDs in my PhD post. Mission accomplished from a large university, but even more imporatnt was the internship and job right out of college that helped me along my investment path. I wonder whether he went through a divorce or something else is going on. I have found that medical schools give little weight to the college you went to. Boston is relatively cheap compared to other major international cities. What Happens If You Don’t Use Your Credit Card? Statistically, the average age of a Harvard Extension school student is 34, and has around 5 years of real world work experience. There are also vast swathes of the population who don’t have access to the kinds of resources that set one up for admittance to the top private schools. Thanks for sharing, and congratulations for us and getting into Yale. Occupation: Clorox marketing manager, Twitter marketing manager, self-employed, brand strategy at a Willamette Valley vineyard. I noticed that your profiles are heavily biased to business. He’s worked at libraries, for a cable company (tier 3 customer rep), another factory job at manufacturing plant…”Retired” now, working part-time. I work in finance (for a fund to be specific), there’s gotta be more than chasing money and helping fund managers get richer. Helping people in need is what Haben Girm, a legally blind and deaf Harvard Law graduate is doing. And it’s even much worse if the person is Asian or maybe other POC – multiple stigmas. It seems that if one is a pedigree snob, one only looks at the latest degree they have achieved. I went to an elite magnet high school and then a big state school. — burn out, autoimmune disease Even before I FIREd, I never felt pressure to be a somebody. This is a stretch, I know, but I met my wife in college and we have two wonderful girls. The farmers who bring organic squash to high end restaurants are not typical. Compared to someone who works mainly for money and prestige, you will never feel burnt out and will never burn out as long as you are making a difference in someone else’s life. Of course, your employer cares how you do your job and not where you went to school. I certainly understand parents obsessing over where their kids go to school, but I suspect it just sets the kids up to feel like a failure if they don’t go to the “right” school. Meanwhile, the percent of senior Fortune 100 executives with Ivy League degrees has declined since 1980, while the percent with public-university degrees has increased. If you think I’m talking about you, I’m not! you’re getting ‘bad’ work experience). What university did you go to? Personal Finance, Savings, all these articles, mean a lot different to parents than a non-parent. Harvard or other elite colleges is not the be-all and end-all all that some people make it out to be. One of the more interesting projects financial modeling projects I’ve worked on recently involved a juicing enterprise in Africa that proposed providing benefits to smallholder farmers. And has your PhD helped you solve problems more efficiently? 西方的思想還是跟東方很不一樣. But that is a whole another topic. No wonder why students from families outside the richest top tier feel they have little hope competing against students born on third base like your son. Mostly true. I’d consider myself pretty academic, so just because people don’t read or hear about everything I say doesn’t make it fake or invalid. I feel really blessed and want the diversity I cultivated for my son as well. I found this article by chance on a google search. It’s a good idea to type in your school of choice and read their snapshot before attending. What level of education is acquired Now you can step off these treadmills, but it’s HARD. What the major or area of study is in (business, technology, liberal arts, etc.). William & Mary cost us $2,800 a year in tuition in 1995-1999. That sounds like a fascinating story. What is the goal beyond that makes Harvard essential? Not everyone starts the race at the same point, and for that matter the end is different as well. I am not a big fan of brand name in anything, whether it’s material possessions or schools. Michelle Obama went to Harvard Law School, which is the same university but technically a different school than Harvard (College). I need to take care of myself first to do that though – and I haven’t always been good at putting me first. I read your comments and wanted your opinion since you’re from the Boston area you mentioned. I’d argue that there are a diversity of extrinsic and intrinsic value drivers that orient people towards being your “somebody” versus a “nobody” in say business development. Come on. Going to law school is a big decision at any age. Goldman made all employees, regardless of their seniority, actively participate in the interview process in order to maintain our tight culture. I loved your real world examples. I later transferred to a tier 2 college in the US, and more and more I am thankful for that experience. The convo did make me think I could have made better choices with what I do for a living, but at the same time I like having a reasonable standard of living and the option of early retirement, which is not an option for most teachers and social workers. Perhaps he disillusioned out. Surely, you are not going to be stuck forever doing what you don’t want to do. Harvard applicants have to do a lot and it can be overwhelming. Would you be happy if they followed your steps? Not that it would play as anything other than immaculately and paradigmatically American. I never had problems getting a job really because of where I went to school (save for during the recession). He had music lessons, and went to some really interesting summer programs. Left home, lived on the streets (voluntarily–a big difference from today’s homelessness). It still makes for good reading, and I take it for what it is, anecdotal evidence with a hypothesis made by one individual who has already retired! I spoke to a couple dozen teachers (remember, I work as a teacher now per my first paragraph), and the level of excitement and joy is astoundingly high compared to my friends in finance, consulting, tech. But right after I got my doctorate in 2011, I found the financial independence/early retirement movement and realized that the financial habits we had in place would allow us to retire early in a few years. If given the choice between Harvard undergrad and Harvard grad, it seems obvious Harvard grad is the better option because jobs after grad school pay better (on average, across fields) and undergrad is generally viewed as a first filter of ability and conformism. more tech service. On that note, nice work getting on the first page of a search that wasn’t specifically for you. I enjoy reading them. Kinda tired of the elites telling the elites what’s the Best ‘success’ path in life. He was always very bright, even in nursery school. Harvard VPN access: The best for most users 2020 Police can't introduce live, encrypted VPN give-and-take, but if. Get free refinance or purchase quotes in minutes. That said, in terms of self-actualization, I know I didn’t challenge myself in college or grad school nearly enough. This guy is very narrow-minded and stupid. Thanks Sam. This is beyond the residency requirement, also necessary to be awarded a degree. You can obviously have a very fulfilling life no matter where you go to school. Let’s be real, no kid wants to be in service when they grow up. First, attorneys practicing tax law can be benefitted by an LL.M. The fact that Harvard is in the Boston area, and that therefore it’s logical that many settle here as a matter of circumstance, is a confounding variable that you didn’t address. I want my kids to know it’s an option even if they decide not to pursue it. All I'm curious about is if Harvard is amazing and is worth all the struggle and stress of HS. This is a common misperception because it contains the word “extension.” The Harvard brand is something that has significant value, a fact the university is very aware of and protects. When I saw my classmates getting jobs up to 6-8 months before gradutation – it was really pushing me to do the same. You gotta feel good about your public school degree! So he attended summer science camp at the age of 14, went to a Johns Hopkins summer program at 15 (was classmates with Mark Zuckerberg, we still have the program directory ! Very often, they have to make those decisions at an age where they do not have enough life experiences and maturity to know who they are, what really drives them. All I could seem to get was a Field Service ‘Engineer’ (FSE, read: Technician) role out of school. is law school worth it 2020 The majority of law school graduates feel that their degree was not worth the cost. I lost weight, got very ill repeatedly, had illegal immigrants employed by the school commit medical fraud in my name, credit card fraud – and the cops didn’t care due to the Recession and the name of the college. It’s hard to believe it since I’m 7 years into a flatlined career, but the alternative (giving up) is much worse. I have a feeling many of our children would rather have that money and work hard instead at a public school if they had a choice. To get my search started, I chose one person I know who went to Harvard and then clicked forward to see what her fellow classmates ended up doing. * Business Development is the most common role. Thank you for providing advice to a 25-year-old. This is a technicality but I wanted to mention. There’s something to be said for hiring well-rounded individuals instead of robots. What’s your obsession with Punahou and how is that any different than others’ dreams to go to an Ivy League? Most won’t admit it, but this happens regularly. It’s all the data you had, but Linkedin profiles can be deceiving. Can you elaborate? I’m not smart enough for an elite school, because on the intelligence scale I’m fairly average. Harvard Law School was very large. $28,186 The average cost of law school per year at a public institution. It should be noted that it is possible to schedule your classes so you can plan to spend some time in the Cambridge area to meet the requirements. Try to travel more and you’ll gain a broader perspective. And he was a totally decent, smart, hard-working person who deserved as much as the rest. Sorry to use pretentious Ivy-esque vocabulary. Almost all of the kids go on to transfer to the best colleges. You can then compare two financial scenarios (old one vs. new one) to get a clearer picture. But from the inside — one’s view of oneself, one’s family and social circle — nobody is a nobody. If you stay motivated and focused in your adult life you’ll have a chance no matter what your education was. Would You Accept $1 Million To Go To Public School Instead of Private School? Coincidence? He is 82 years old and is a Virgo. Retired early. Asians getting into any school are of much better quality than other ethnicities because they’re much more stringent in letting Asians in, whether officially through affirmative action, or just through subconscious biases. On paper, I help FSEs and customers keep their ultrasound equipment running. I plan to inculcate this message into his head: absorb all you can now. Your choice of connecting your major with the Harvard Extension School name can have a major impact on getting your next job. But all the same, props to anybody who starts a company and makes it last for over six years! My perspective is that Harvard undergrad may help you if you are average at Harvard, but then want to apply to graduate school. It may only help initially with your alumni network and getting your foot in the door with an employer… but after a few years, experience/skills will matter most. The education details are not available at this time. The doctors I work with also respect me as do patients. “ So in all your posts, you’re forgetting (or not knowing) about severe societal stigmas against hard-working, smart, and talented people who don’t deserve to be on the bottom rungs of society.”, What are they? Too many people try to get a position based on their alm mater’s name and then have nothing to show on their CV. Will you have the connections of an ivy league school? Thoughts: I went to middle school with him and thought he was a great guy. I was upset that he chose money making over contributing to society. Elite schools taught me that I am competitive. The comments greatly minimized the significance of those two factors, whereas others gave the proper credence to their importance. I wasn’t lucky enough to realize this until I was in my 30s. If not, did you major in Asian studies or work in a capacity that studies Asians in American society? Tell us about yourself and whether you have kids and what educational and career path you took. In the Korean community, “Harvard” is a big deal. Especially the last few paragraphs. – Vendor Mgmt /Biz dev at a top tech firm. You went to University of Chicago and work in investor relations at Wells Fargo Bank of all the terrible places in the world you could work. I choose my own problems to solve. And the boy who studied under street lights and got admitted in IIT (harder to get in than Harvard), with no food, is another example. And growth marketing with the doctorate ( which is why I say ’! If not, we are talking $ 500,000 – $ 250,000 passively onto that group ’ s.! From that person ’ s just so tough being a world changer start long before graduation being and! Ton of quality information to help you reach your goals % compounded rate of over 50 %, don! Without making much money you for sticking it out there – but sad?! 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