145: Does it Matter Where You Go to School? [Podcast]

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Where you go to school matters – right? 

With all the attention to college acceptance bribery cases involving actresses Lori Loughlin and Felicity Huffman, we might think that it really matters where you go to school. After all, why would they pay a ton of money if not? 

But when we peel back the layers of the truth and the norms, we see that most of us fight to get our kids into top schools and rarely does it happen. 

So with all the energy and activity around it – does it even matter?

Does it matter where you go to school? (Podcast Outline)

1. Quick answer -No
   • Dave Ramsey answer – “Happy to have a Harvard Grad work for me.”
   • Plenty of examples of significant success without the top degrees (or degrees at all for that matter)
   • Do you really learn? MIT video of graduate engineers who cannot light a bulb –
2. When it might matter
   • Hang with elites – Senators etc
   • Bias to college in your career path
   • Example – Vice President with degree bias
3. Why it rarely matters
   • We usually do not take any advantage of the alumni network
   • Alumni network not well cared for
   • Return on Investment (ROI) rarely worth paying extra
   • Content tends to be the same
   • The top-notch faculty are rarely seen by students
   • Bias never stays the same – people move
4. How to have a top college experience without the fees, and maybe without the college!
   • Build your network
   • Do awesome stuff

 Click here to listen now.

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Patrick_Cash
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Links mentioned in this episode:

• MIT video of graduate engineers who cannot light a bulb
• Episode 119: Developing an Entrepreneurial Mindset
• Master of Engineering Management in Information Engineering and Management