Do those that went to good colleges make more money than those who didn't?

Question

you know, like a harvard student compare to a student at a community college?????????

Answer 1

Yes, in some cases. The degree is the same and the information may be the same, especially in graduate coarsework. However, in undergraduate it does matter, to a certain extent what type of college you go to. A community college does offer a lot of basic classes but any university and expecially your ivy-league schools have prestige. The more well known the school the (normally) more prestigous. Such things as having a broader range of fields that you are able to get a degree in as well as the more prestigous the people who teach the coarses are.

The money should not be different between any college or univeristy but community colleges normally offer you a license, not a bachelor's degree. So I would say yes the money may be different between a community college versus an ivy league college but not between a lesser known college and an ivy league college.

Answer 2

Depends. The advantage of going to a prestigious school such as Harvard is that it opens a lot more doors initially and thus is easier to move up the corporate latter more quickly. Besides just impressing employers with the degree, they also have a big alumni connection and a lot of corporate employers seeking them out.

In the long run it doesn't matter (at least in terms of money). Generally speaking people from those school are more driven and hard working, as evidence by their admission to a top school so obviously they go on to make a lot more money. Others end up making a lot of money because they come from a very wealthy family and are guaranteed a job regardless of ability or drive. Thus the stereotype of top school alums being more successful isn't solely because of the school they went to. There are a lot of other factors involved.

Answer 3

U make money when u r a student of harvard university but at the same time if ur talented person u can make money even u r from community college.

Answer 4

There was an academic study a few years ago that looked at people who got accepted into Harvard. They were more successful than those who did not -- even if they didn't go to Harvard. I guess this means that students at top schools are more successful because they are talented than implying that they get a better education.

While the average Harvard Student is no more successful than the average person accepted who rejected an invitation to attend Harvard -- he is much more successful than the average student who goes to a state school.

In general, going to a good school will open doors that are not available to students who go to less selective schools. For example, Goldman Sachs only recruits people at a handful of universities. If you don't go to one of those universities, then it is very difficult to get a good job there.

In addition, students who go to better universities have a much better chance of getting into good Graduate schools. Of the 360 people in my MBA class at Duke, only a handful went to universities that were not very selective.

Answer 5

Yes, every study I've ever read has supported that conclusion. The interesting part is that it isn't necessarily that people who went to top rated colleges got a better education, it has a lot to do with the name recognition on the resume and the contacts, and alumni network, you gain from going to a better college.

It is also the fact that if you got accepted to a better college you were probably (not always) more qualified (better grades, better standardized tests, more activities, etc.) than someone who was only accepted into a community college.

Answer 6

Normally yes, their education is viewed as being significantly better. However, this normally applies to higher-end job positions but if you look to start at a local firm first, then your job experience outweights education in some cases.