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HR Recruiter here - Shane's message is spot on. In general, what school you went to doesn't matter; your work experience is what we really look for and having a related degree just checks the box.
hey i was looking into HR as a career and i wanted to know what business degree would be best for that. i have applied to colleges with for an undergraduate business management degree. is this a good route? thank you :) also starting salary?
@@JustCaden meh idk job fairs are still a thing at bottom level colleges that aren't community. People get into high paying jobs without having to go to a top school
First comment - I was a team leader for a control system in a major oil and gas company. When we hired, we would have a minimum education requirement, and when doing interviews that would be a "check the box" item. It didn't matter where you went, what your grades were, we were much more interested in your work history. If you were fresh out of college, having related volunteer or intern hours in a related field meant more than your school. - Of course as Shane noted, there are always exceptions, just do your homework before spending tons.
And It depends on the field you want to work in. On that sector maybe it"s not that important. But like Shane said working in wall street surly matters college background.
Specifically for those that want to study economics, or for anyone eligible for in-state tuition in the state of Virginia I highly recommend George Mason University. Highly underrated school with a rather high acceptance rate, one of the top 50 economics schools in America (and an economics professor who won a nobel prize!), and the school has a metro station = metro access to commute to any potential internships in Washington DC
Hey, thank you! I'm switching from engineering into economics and I've been looking at schools to apply to once I'm finished my undergrad. I'd really like to go to U Chicago as that's the school of my two favorite economists (Milton Friedman and Thomas Sowell), but I know it's super hard to get into, and I just have a 3.66 cumulative gpa in my engineering classes. I didn't even think of George Mason but I should've, as that's where Walter E. Williams lectured, (another of my favorite economists). I'll definitely apply!
Thank you for this advice. Any idea as to how to find good Economics programs in general? I live in Canada so it would be helpful for me to figure out.
Hi Shane, Agreeing with and adding my own cents here. One, if you have the chance to attend your dream school do it. Say, a full-ride away from home. Do it. Two, don't go into debt for the same education that can get at an affordable price. Example out-of-state vs in-state. Three, It is not always where you go that matters, it is what you do.
Sorry, sometimes the college experience shapes you, builds life long relationships and can drastically change how you think and see the world. It absolutely matters where you go if you are looking for both the experience and education. I am glad I attended UW for all my undergrad, grad and professional schools. I could have gotten better grades and worked less hard at pre-reqs at community colleges but the diversity and opportunities at large universities (more expensive, more competitive) prepares me better.
@@jelloMadison There’s plenty of people who went your route who now have 6 figure loan debt who would advise students of the exact opposite. College is what you make of it wherever you go, and unless you are getting a full ride as the person stated above, it doesn’t make sense to pay exponentially more.
For undergraduate it rarely matter. But only for subjects like Economics and Finance. For graduate school for JD and MBA it matters because the market is saturated.
@@josephbrennan370 your UK education is very different. Our law degree is a doctorate, so is our medicine, unlike yours. Our bachelor's are mostly useless except the few that has been named.
I’m going to UPenn and I would say one thing that most people don’t take into account is how to actually survive at an Ivy League school. Yea, getting into an Ivy is a huge accomplishment and means the admission officers believe you can thrive at their schools, but in reality it’s much much harder!!! So many people at Penn are depressed and start to crack. That level of rigor and intensity is nothing like high school!
As a Cornell grad couldn't agree more. They say Cornell is the easiest ivy to get in but the hardest to graduate. My younger brother by one year got into Cornell as well for civil engineering. He didn't do well and was failing classes. Eventually he was placed on academic probation. He ended up going back home to a local state school where he ended up not only graduating cum laude but also becoming the president of the school Civil engineering society. He said the rigor and difficulty of the Cornell engineering program was night and day in comparison.
My cousin went to UPenn. He graduated last year with a degree in Economics. He’s still hasn’t found a job. Dude is dumb as rocks. He’s 24 and failed his drivers permit over 20 times. He still doesn’t drive. He has zero common sense. A little bit ago, him and his sister (my other cousin) and I went to the gas station, and as a joke his sister asked him to put gas in her car, he literally had no idea how to do it. It was funny but I felt bad for the guy. She on the other hand is super smart. She graduated from Lehigh university. She goes to grad school now at BYU. Im not saying Lehigh is a better school than UPenn but I always thought how strange it is that he got in and graduated from one of the best schools in the nation, and can’t do simple task. He can’t find a job. He doesn’t even have a path. I know he has really bad ADHD he’s had his whole life and refused to go on medication. Maybe his hyper focus from ADHD got him through something really difficult like UPenn but doesn’t show up during small tasks. That’s my guess.
Second comment - My daughter just completed her MLT program through a local community college. (She has no debt) The local hospitals love to hire from this program as the director is very well respected. She got hired at a decent salary, and the hospital she's working at will cover much of her MLS costs. The community college route was even better for her, she initially wanted to go into nursing, and after completing pre-nursing program at this CC, she decided it wasn't for her. The first two years were paid for by community grants, so all I had to help her with was the MLT program costs. Not free, but very reasonable in this day and age. good luck all!
Well, nepotism and boomer hiring managers are part of this world, so to get a job these days you need to network and you need a degree from a good school.
Sometimes you can get the "best of both worlds" so to speak! I went to community college for my first 2 years (El Camino in Torrance, CA) and then got into UC Berkeley for Electrical Engineering and Computer Science. Berkeley is a very prestigious school, virtually on par with the Ivys, and for engineering / computer science, it is literally considered well above most of them (Stanford and Berkeley are the 2 silicon valley "giants"). Berkeley is also a public state school, albeit an expensive one. So, as a California resident I got to pay in-state tuition as well! So, in the end, the cost for my combination of community college and Berkeley, was probably less than 4 or 5 years at a cheap state school (community college in California back in the late 2000s was practically free for us in-staters). So, essentially, it is not as black-and-white as "this" or "that". A wise combination like mine might give you the best ROI. Nowhere does my degree say that I attended community for my first 2 years. When someone asks me, where did you graduate from?, all I say is: UC Berkeley!
Great to see another fellow CC transfer. I’m transferring too as a Cognitive Science w/Computer Science minor and hope to take advantages of the opportunities at UC Berkeley when I attend. EECS is probably the hardest major to get into so congress and hope it’s going well!
oh my God- I'm literally thinking about through the same transition regarding unis. i have to make a decision based on my current situation, but I'm so freaking confused, and don't wanna make any mistake. if you're ok with it- could i ask you some questions? i could reach out via email, if that's ok with you or any other form of communication sounds good too. lmk, thanks!!
Personally, i think having an ivy league on ur name just make ur name stands out to the employers and probably have more opportunities for networking,etc. Idk how much the education is better tho
This is a great eye opener for us. There are a lot to consider before going to an expensive school. ROI, is it worth the debt etc. Anyway thanks for clearing things up.
I think going to a community college is a good idea to save money and get your freshman and sophomore classes out of the way. This is what I did. The only thing I would say negative about a community college is the schools have students that really don't belong in college. Most or all community colleges only require a HS diploma or GED. I met lots of students that really should not have been there. Students are in class who didn't read the material they were assigned or didn't do what ever homework was required for the class. It almost like just a continuation of HS for them, grade 13. Its real easy as a new freshman to get distracted and get the wrong influence. Where as when you get to a university with even a moderate acceptance rate, the students there are much more serious about their college career. If you are a serious student and do community college you need to stay focused.
we analyzed a paper in my econ stats class, and it basically summed up that your field of study has more to do with earnings, no matter the school. That being said, if you're studying arts or humanities, it might be more worth it going to a higher ranking school.
Something to add: For those that want to pursue advanced degrees later, it can matter quite a bit where you go. Some universities have more research opportunities for students and can allow students to take graduate classes as undergraduates - which can really be an advantage when applying for graduate school. Here where you went definitely can matter. I personally found this out the hard way. Went to a smaller public school that didn't have the resources in an area I would later pursue a graduate degree in. Found out everyone else had already had graduate classes in my discipline and I had not. (Even though I took everything advanced that I could.) That wasn't even a top-tier PhD program, so definitely something that can make a difference. It's good to consider if you need to go to a bigger school that has the resources to offer things that will help you succeed later.
If you are not breaking it down by major then the average salary of a school's graduates doesn't mean anything. My first thought when I saw that Ivy League students make less was that UC Berkeley probably has a lot more STEM majors than Harvard. Also - Which did that study take into account who got jobs right after graduating vs who went on to graduate school?
This because many of the Ivy League graduates are thinkers who go on to be professors, which traditionally pay less. Look at all university professors, it’s filled with people from top universities only.
Just graduated from Marquette University with a degree in Finance. What makes a school matter is what you make of it! If you network, apply for internships, and create relationships with professors, you can open up many opportunities that a school doesn’t offer.
Great points. Better to go with lower prestige and less competition for a better return on investment. Go to community college for two or three years for one-third the price of the four year state university, then transfer over to the local four year university for even better return on investment. That is what we did for our kids and everybody graduated debt-free.
Interesting. Does a community college transfer all credits to a local university for your children? For instance, if they took 20 courses (3 credits per course = 60 credits) and the children decided to attend a local university for junior and senior years, can the community college transfer all 60 credits to the local university?
@@Barra.A Generally community college's have what's called "feeder" schools which accept (most) credits but it mostly depends on your degree. Ideally, you should sit down with your CC counselor and discuss your major and desired university, then they'll pull up the university website, go to the desired major and print out the full four years and you can see which credits transfer and which do not.
I think the school you go to definitely matters! Some schools have much better funding options or a more prestigous name which can help you get a better job in the future. That being said, if you can get a similar education for a much lower price, don't go into debt (or more debt than you need to). Thanks for the tips!
Just want to drop a comment of appreciation. I like how you build up your videos, how you structure them is great and logical. It’s nice to see that on YT.
Can't thank you enough Shane! Been requesting this video to a lot of youtubers but your insights were by far the most practical and most appealing to me. Bless you!
Honestly this world is unfair.. we all work hard in college either someone is in normal college or high ranked top college. Not everyone can afford Ivy league, not everyone can get top highest marks in high school specially if you are from Asia (Asian students can understand this) because Asian high school system is so hard to even pass the exam in 11th 12th and it is like "impossible" to get highest marks. It's like a unfair chain: you will get good job at a good company if you are from good university, and good universities take students with high marks in high school. So other people who are studying hard in normal universities basically wasting their time and money?? Only people from high ranked universities will get good and high paying jobs?
You have to take into account job placement, starting pay and the company they're working for. For instance, a CS student at Harvard is going to make more money on his/her first job than a CS student at Purdue just on sheer name brand alone even though Harvard is not known for their CS program.
This is only partially true at best. It has a lot to do with your interviews (you will likely have 4+ technical interviews) and how many internships you've had + competing offers. I say this as a former CS student who now works at Microsoft. I went to UMD (currently tied with Harvard at 16th for best CS schools in the US). I'm near the top of the salary band for my level as well. It's more on a case by case basis. However, on average a Harvard Student will be more motivated than a UMD student. While the top say 30% of UMD (also lump in UVA, Texas, Washington, and the Cali schools) are ivy quality or at least close, the bottom 30% are just barely making it by and don't do internships as often if they get any at all. Where as the bottom 30% at an ivy at at worst probably in the top 60-70% (if not maybe even a little higher) at a top 25 state school.
Your just making an assumption based on your own belief that harvard is significantly more prestigious than purdue. You have zero proof of what you just claimed
Think this is overly vague to a large degree. Probably the best point is that it depends on the field you're in. Also would say it depends on whether or not you plan on going for a masters/professional degree. Your undergrad may or may not affect (more often the latter) your ability to matriculate into a very well regarded professional degree program, which will serve as the springboard for your job. Certainly as someone in architecture, I've seen my fair share of people go from no name schools to Harvard or MIT for masters (and even then, it's pretty common for people from Ivies to be taking orders from bosses or project managers who went to state schools). There's just so much variability with this based on field, the best message is to know your desired career route and base on that, which is a difficult task for many people first leaving high school
For graduate school, yes it does matter; this is particularly true for what you plan to study. For undergraduates, a great school helps but is not always necessary. Most lower-division courses are basically taught the same - from community colleges up to the top institutions.
Great timing for this video dude! I literally went to TH-cam to listen to someone's insight about choosing to go to an ivy leage or a comm college. Very satisfied with what I learned from this video.
Great video! I had always questioned whether the University you go to really matters. As a US citizen currently living in New Zealand, I've had my classmates ask me why I didn't attend a US university due to the availability of "prestigious" institutions. I told them it really doesn't matter, and there's more to education than just the ranking of a university. I would suggest making a follow-up video for students who want to study abroad (e.g. differences in education systems). For example, PhDs in the US take approximately 8 years compared to Australia and New Zealand which take approximately 4 years to complete. My understanding is that it's because you have to take extra courses in the US but primarily focus on research in Australia/NZ.
I work in HR, mainly in Talent Acquistion and I have for a bit over 10 years now. I have recruited so many positions for so many industries. Hospitality, retail, aviation / aerospace, IT, security, education, art / animation and many more. I can honestly say that the BULK majority of positions that my team and I have recruited for; it did not matter what school you went to as long as it was a regionally accredited institution. However, there have been a select few positions were hiring managers did prefer Ivy League. It was very rare, but it did happen. Nowadays though, it is 100% a candidate market. Most organizations do not care and just want to make sure you have the credentials. So many organizations are struggling and fighting for talent. We don't have time to care what college you went to. Lol.
I went to one of the best-value four-year universities in the US six years ago and now I'm getting the most affordable MBA with AACSB accredition in the US. It's never been a disadvantage really, there are plenty of great jobs to go around, and even as an incoming MBA class we're getting recruited already. But being entirely debt-free definitely feels good!
@@horrendous_karaoke Eastern Illinois. I had a few other options but this one seemed really solid. Classes are small, professors are very approachable and willing to coach you into becoming a better professional, and at least for grad students there isn't a lot of distraction. The program is only 33 credits and out-of-state I would be paying about $35k for tuition, fees, housing, textbooks and a meal plan for the whole degree (I have an assistantship and scholarships so it's a lot less than that). So if you're willing to live in a town with nothing to do and just put your head down for a year to go through this program, it can be a really good deal.
I have a BA in math, MS in ME, and a PhD in ME from UC Berkeley. I also got an MA in math from a CSU college. I worked as a Mechanical Engineer in the Aerospace industry from 1976 until 2014 when I retired. I was also an adjunct professor in the UC and CSU systems. The one thing I can say about mathematics is that I learned math much better at CSU than at UC, where everything was so abstract it made no sense. I found that math at CSU is more practical than at UC for the work place, although the math at UC did give me an advantage over other students in engineering.
I am now retired but worked in the medical field for most of my adult life. I do not remember schooling as being important for getting a job for myself or colleagues. There are many foreign school educated doctors and nurses who as long as they pass their US boards and meet the requirements of their state boards, can get hired easily in the US. Supply and demand rules. Work experience also plays a large part in getting hired.
I’m at a “prestigious “ college and it’s stupid I’m sorry I have no pride of this place and they have ridiculous standards to the point every other class is recommended to take a transfer credit form elsewhere , I don’t know how a school can even be “prestigious” without basic forms of help it seems like the higher you go the less they actually care about quality teaching because they have the name to back them up.
@@df938 nc state , for engineering it’s the best in the state and people are saying raliegh will be east coasts Silicon Valley although it’s not as prestigious as Ivy League or Georgia tech , mit etc
This is a very useful video man! You covered basically all questions I had in mind. Please don't get tired educating us about college and personal finance You are doing a great job man!
As a word of advice: check your program on US News' college rankings list. I would say if they are in the top 30/probably even 50, they are a really good program in the U.S. This is what I'd consider a competitive program, hard, but will end up opening eyes in your field. People you are applying to should know that school and it's prestige within the program. Ex: Purdue University ranks #20 for C.S., while UIUC ranks #5. UIUC is extraordinarily hard to get into specifically for their engineering program, which CS falls under. If you get into Purdue, go for it. It's near the same range of educational value, and they're both public schools.
I worked for a petroleum company and was also involved in college recruiting. When I formed a team to visit schools, we looked at student's major and then GPA (minimum of 3.0). After visiting multiple schools, we would assess every potential candidates from various schools the team visited and ranked them by major, gpa, experience and personality. Never once did anyone say 'but, he/she went to xxx school'. Over the years, I did notice few schools that really stood out. Other than that, a candidate will be much more successful if they were a good student. Also, internship experience is a very strong consideration.
I got a fancy degree from a fancy private school...LMU in LA, and this was Back in the day. I graduated in 1991 with a degree was in film production. Back then, LMU cost me 45K for 3 years, I had done GE at community college. I never worked in film, went into finance instead and the name LMU did open doors. Now things are different and I would not suggest anyone do the same. I have a pretty diploma but besides being wall art it's basically useless. Wish I had your videos back then to guide me, Shane! Great work. Kids, do your homework. All I can say.
I noticed the schools that are harder to get into on the west coast run quarterly instead of semesters and i think that is a huge upside to finishing faster while also splitting the classes evenly over 10-12 week periods. While state schools do the 2 16 week semesters 1 short summer
If you live in California, here is a plan to optimize your education and future: do well in high school, but prioritize building your work ethic and getting a love for learning. Work over the summer. Go to community college and do as well as possible in you classes. Work over the summer. Apply to Berkeley, UCLA, and UCSD, but if you don't get in, just go to any other UC with the TAG program. Major in something that you will both enjoy and earn a decent amount of money. Work over the summer or intern. Now you'll have graduate from a great university with almost no debt if you've been saving money that u make over summers.
Attending one of the elite schools definitely will open more doors when you're trying to land your first job, but after that, your work history is what matters.
My dad graduated with a bachelors (mechanical engineering) and a masters degree (MBA) from Colombia University and he didn't recommend any of my siblings going to university at all 😂 so I got a diploma from a polytec for free and am now applying for a free, online graduate certificate in business from another polytec (hopefully gaining special admission from 3 years of work experience at my dad's company). He told me: unless you want to work a job in healthcare, don't get a degree
Geography plays a huge role in the decision. Think where you want to live and work. I work in biotechnology in San Diego and most people in the industry have degrees from local UCs. When I get applications from Virginia Tech or Boston schools I pit them in another pile. I dont even know if those schools are good but I know UCs are good.
@@ashley1872 we also get a lot of applications from SDSU which is one of the better cal states. CSUs also work if the person has motivation and studied the right major, science or engineering. Anything else isn't worth it.
@@paxtonebright2951 Only problem is that unless you live in Cali, basically all of the UCs require you to go into debt due to their high out of state charge and their lack of scholarships.
@@zach9529 yes but if you are committed to living in California then the ROI will work out eventually. Of course payback period is much faster for in state. That said the housing market is crippling expensive right now so I can't recommend moving to California unless you have a ton of house equity already.
I'm incredibly blessed to have gotten a full ride to a prestigeous school near me. I seriously considered a 2 year then transferring before entering college for many of the reasons that were mentioned in the article and video. I think I would have chosen to go that route had I not been offered a full ride. I highly recommend people to look into community college over going straight into a 4 year. The transfer process is often easier than the admittance process not to mention cheaper classes, and easy classes.
As someone who's attending a community college I'd say having the minimum requirements should be looked at first rather than where you attended, unfortunately there are some cooperate companies like Google and other places where they're searching for the top Harvard, MIT, etc grads.
For undergrad, hardly matters other than for students who are prepping for top Medical, Law or Business schools, since degrees from more competitive schools/universities can give you soft points. For some majors, it matters, because, major firms recruit only from some schools, ie… finance, comp sci, engineering. For terminal professional degrees, ie, nursing, pharmacy, doesn’t really matter, unless you gunning for something after graduation. My two cent on USF SOP, UCSF SOP is the superior school, avoid USF like the plague if you plan to matriculate in the Bay Area.
- To make a summary of your video bro. Just go to regular schools and get your degree. It’s because it’s cheaper and you can make more money as well compare to private and Ivy League schools. The private and Ivy League schools are just for people to feel special, superior, and brag about cause of it “TITLE”. It’s a 1 out of 10 chance for a person to need to attend a private and Ivy League school(specially). It’s because Ivy League school have a link to businesses after you get out. So your chances to get in a job you really want is higher. Also on top of that you need to be super smart to get a chance to get into them.
You can’t judge colleagues based on averages. There are so many factors that vary wildly depending on one’s major, and the number of students graduating from a certain major and what jobs pay higher salaries. Some schools also funnel students into particular programs that are good for the school but not necessarily good for the student. It doesn’t surprise me many administrators think this is useful because they wear blinders when it comes to knowing students wants and needs. It’s often about fitting them into the schools wants and needs.
Yes, the school matters. Big schools with big $ have a ton of partnerships/networks will ensure that you get a positive ROI, and not saddled with debt forever. Sometimes cheap, small state schools isn't worth the investment.
On the other side of the coin I had a friend go to a very prestigious private school that's extremely difficult but has some of the best networking. Their graduation rate is extremely low and he ended up dropping out his first year and he's nearly 100k in debt. There's some really good state schools that won't work you to death and still give you an amazing education
That student loan debt is not worth it in the long haul. Trust me companies don’t care about the school and it’s not a business move to go to Ivy League just because of the name.
small objections: most private schools are super expensive (60k plus), but just about all ivy leagues and top 20 private schools give incredible financial aid nowadays. i'm pretty sure all of the ivies are "debt-free" (or at least they say that) where if you get in, you can negotiate and lower your offer by a lot. i also think a lot of those salary-related numbers are skewed because state schools usually have more stem/engineering/compsci graduates, while the ivy league does much more humanities/liberal arts. a few of my friends who killed it in high school (and could get into a top-tier school that gives great aid) but wanted to go to a mid-tier private school (because the stress and cutthroat culture at ivies is no joke) did a strategy where they applied to 3-4 schools they actually wanted to go to and then prestigious schools they didn't want to go to but gave great aid. they then sent the aid offers to the mid-tier schools, and all of the schools they tried this at bumped the price waaaaay down. these mid-tier private schools have plenty of resources to give extra scholarships to a very competitive applicant, but they won't give it upfront- you have to show them your offers from other schools that are higher ranked. this shows the mid-tier school that they're not just a safety school. (i'm pretty sure the reasoning for that is that the schools want applicants that are excited about the school and if they're pretty sure that the applicant is going to get into higher-ranked places, they don't offer as much aid. that way, if the student has to fall back on the safety school, they'll pay more and not think about it. by sending over a lower offer and negotiating, it shows the school that you're not only a great applicant, but also genuinely excited about that school.)
As a Cornell grad, can confirm the aid is very generous. If you look at the average debt for students from ivy leagues its about the same as the national average if not lower if you come from a low socioeconomic background. Hell if you get into an ivy and your family makes below a certain amount you can pretty much go for free.
This is a big question many students are pondering. Well Thank you for being honest about it.. greatly appreciate the information shared in this video.. One of the best 9 mins spent on YT lol
It matters for a select few professions like investment banking and management consulting, among others as well. However, its not like you can't get into these if you didn't go to the elite schools, its just not as easy. My recommendation as someone who went to an elite school (an ivy) is to really do your research to find out if whatever you want to do requires a certain caliber of school or not. If it does, it still might not be worth it if you have to pay/get into much more debt to attend such school. Only attend elite schools if your profession requires it and your cost of attendance is less than or equal to the cost you would otherwise pay if you didn't attend and instead chose another school.
When Shane said you must write fantastic essays to get into an Ivy League, the essay snippet from the latest Netflix movie where a college hopeful is shockingly accepted to Harvard came to mind.
Thanks! I really appreciate you sharing your experience and knowledge about this situation. I am all for practicality, so I will totally follow your advice.
YES, it does matter. I've looked into the age demographics and weather of the community, local oppurtunitys in the area, bars in the area, political leanings and local opinion piece papers done by the locals, how pretty the dorms/school/area is (THIS ONE'S INCREDIBLY Important) all to weigh how likely I am to be satisfied in the area. If you're moving to a different place do some research to find out the likliehood of getting crunked in a Wendy's parking lot.
What if a community college offers a bachelors in the program you want? There’s one in my state that offers a bas in applied management and also a bas in marketing and entrepreneurship
I wish the study had divided the state schools between flagship universities and regional schools. There is usually a big price difference between them.
Thanks, Shane, I agree the most important thing is you have to find a really good college for what you want to do. This could also be the college that you've been dreaming about for a long time.
This is a very over generalization where you place money (income) as the only standard of sucess. Different occupations will have different range of salaries. In the end its what kind of school experience do you want, a community college experience, a state school experience, or a top school experience where you will be among your over-achieving peer.
The school does matter, in the public's eyes anyway. It's the reason why people look down in Community Colleges. I go to NYU and I'm only there because it's my cheapest option. My major (Game Design) is rare and the school is top 5 for the major and since I don't live too far from NYC, I can commute. I saved up some money to pay off the loan I took out so I'm at NYU debt free atm. I see NYU as any other university, but when I tell people I go there they make it sound like I got into some crazy top school. Maybe NYU does have that reputation to some, but it's just another school in my opinion. I don't value it any higher than a community college since school is school Yes NYU has more options since it's a uni, but they both have the same goal in mind: to prep students for a career or work in a certain field or fields. If anything, I respect those that go to CCs more than my peers. Some people come to NYU due to the rep and they're putting themselves in series debt when they don't know what they want to do, attending NYU for the wrong program (like why go to NYU for teaching when there's QC), or for the name. It's not worth it. Do some CC classes then transfer if you must or go to a cheaper school. Plus if you're in a field that requires a portfolio (CS, GD, Film, etc), you need that to make yourself shine! You can go to NYU for CS and sign up for an internship but if the community college kid who did CS and participate in hackathons, tutored kids in coding camps, made games, and etc shows up, don't be surprised when they go towards them and not you!
I never want to work for some pompous boss who cares more about where the person went than focusing on what they can do. My mom was accepted into NYU, but couldn't afford it and went with a cheaper option. If a boss can't recognize why someone wouldn't be able to go to a prestigious school, they're simply not worth the time
An excellent video as expected... However, this may not be as relevant for international students... Do consider making a few videos specifically targetting international students as an audience! Cheers!
@@adelhelma6015 We aren't eligible for federal aid, and the normal fees for international students is almost double what locals pay. So most international students would prefer to go to ivy league or private schools because they tend to give the most financial aid
International students, for undergrad, depends on your focus and how competitive you are. Here in America, we can still be mediocre or bottom barrel feeding dung and still end up as Medical Doctors or Lawyers. For international students, aim for well known, international, R1 universities.
It doesn't really matter. I graduated from a very questionable "college" with even more questionable degree and yet nobody ever asked me about it. I landed severla higly-paid positions and never worried about any debt compared to other people
Your research is wrong for ivy. All the ivy leagues offer substantial scholarships for median income households. For instance, my brother who goes to Princeton, family household income of $150k/year. He pays about $15k/year for tuition due to financial aid.
So many things are problematic with this video. 1. Ivy League schools (and most in the top 25-50) will meet 100% of demonstrated need. They don't usually offer merit scholarships; private schools use those to try to take students away from more prestigious schools. That is to say, if you NEED the money, you'll get it, so the cost isn't really an issue. 2. Excellent schools produce more graduate students. It would take most Ph.D.s more than 10 years to make more than 130k in academia (5 for Ph.D., 3 for postdoc, where you're making 40-50k, then you finally start as an associate professor). This is like how Harvard and Yale Law schools get knocked for sending many graduates into ultra-prestigious clerkships. ALWAYS go to the best school.
I'm convinced that the knowledge gained is basically the same everywhere. Hypothetically, if the college did matter, it wouldn't be worth paying more. You wouldn't get the expected payoff for your investment.
Lmaooo 96k for average projected starting salary???? Lmao that is very off, unless if you’re in tech. Most fields will have you start much lower and then have you work your way up. Edit: 2021 projected starting salary of 77,500…. Oooof
To just look at the sticker price at any ivy is pretty silly imo. The aid at ivy league schools is superb unless your parents are uber rich at which point they are probably paying anyways. Im at any ivy league studying engineering and only have to pay 20-25k/year all inclusive. It was only marginally more than my state school so it was a no brainer.
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Have you noticed that now, just about all Supreme Court Justices and US Presidents are Ivy League grads? I know those schools are top notch, but having an Ivy League pedigree among such professions wasn't so common decades ago.
I recommend penn foster, ashworth college, Washington Technical Institute, u.s. career institute, Columbia Southern University, university of the people, Martinsburg college and the like. I've went to several of these schools and they were great for me and many others. Private schools are better by far in my opinion.
I went to a small basically unknown school and I honestly don’t regret my decision to go. Being it was small classes were also small allowing me to get to know my professors and vice versa. I was able to network and learn more because of it. My school’s computer science program was also geared to making software engineers so most of the curriculum was practical coding like web development and app development. It wasn’t very theory based and there weren’t a lot of extra math or science requirements. I got what I needed to know and that was it.
@pandaangry1267 yes and no. There are better colleges than others in term of opportunities for networking and at times better education but in the grand scheme of things where you go isn’t all that important. What is important is how you use your time throughout school. How I’ve interpreted college isn’t a place to teach me but a place to teach me how to teach myself. I used lectures as a guideline on what to look into myself. With that mindset I generally was at the top of my classes because I took time in and out of school to learn further.
@pandaangry1267 Ofc again some schools have better networks which makes it easier to get in certain places but overall not really. There are plenty of people who get good jobs without a degree at all.
@pandaangry1267 I say go with what gives you the best chance 👍🏾. You can always learn the skills you need for the job on your own if you must. If it gives you a better chance at employment then I’d say take it.
When an intelligent young man on the news got accepted into all ivies and decided to go to a CC then transition to a public university that says something
In canada a bachalor from a university costs $60,000 and a bachalor from a collage costs $30,000 both for the whole 4 years expense. You americans are getting scammed.
If you're applying to jobs outside of your state, it would be better so to have a more well known college on your resume so its more recognizable to recruiters
This was really helpful! Your video helped clear up so many things in my mind that I've been trying to get answers from other channels before this. So satisfying to actually hear the answers from a reliable Ytuber. BIG BIG Thanks!
In my opinion, alumni network is vastly overrated 9 times out of 10. You’re gonna spend twice as much, if not more, just to have “connections”? You’re gonna make connections in whatever school you go to. Spend as little as possible on a decent education and work hard. Don’t overthink everything.
Stop waving your hands ! Where you do college in technical fields and various professions may determine what jobs you can compete for. Obviously, two top technical schools in the U.S. are MIT and CalTech, but various colleges strong in specialized areas are favored by companies involved in those specialties. I worked for an electronics company that welcomed engineers and scientists from the U. of Texas, U. of Oklahoma, Rice, MIT, Stanford, U. of California at Berkeley, Oxford, and CalTech. The company ran an internship program aimed at students from these schools. I list these by way of saying that those who want to do technical work for top technical firms shouldn't get their degrees from their local liberal arts school or the state teachers college.
This video seems clearly orientated If a lot of people choose not to work after an Ivy League school, it should not be taken into account. And the salary should be classified by degree, comparing graduates in computer science with other graduates in computer science and graduates in gender studies with other ones. Plus, the fees is not what you actually pay as in the ivy league universities, most people have a scholarship so they don't really pay much. If this wasn't taken into account, these articles have so many flaws that it is not even possible to conclude anything from them
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HR Recruiter here - Shane's message is spot on. In general, what school you went to doesn't matter; your work experience is what we really look for and having a related degree just checks the box.
hey i was looking into HR as a career and i wanted to know what business degree would be best for that. i have applied to colleges with for an undergraduate business management degree. is this a good route? thank you :) also starting salary?
Hey 👋🏿 I'm in school for HR right now
Bs. If I go to a better school, as a JUNIOR, I will land a better job easier. And then that more interesting work experience.
@@Di_yayyeah the better schools have better recruiters that come to the school and better networking opportunities leading to better experience
@@JustCaden meh idk job fairs are still a thing at bottom level colleges that aren't community. People get into high paying jobs without having to go to a top school
First comment - I was a team leader for a control system in a major oil and gas company. When we hired, we would have a minimum education requirement, and when doing interviews that would be a "check the box" item. It didn't matter where you went, what your grades were, we were much more interested in your work history. If you were fresh out of college, having related volunteer or intern hours in a related field meant more than your school. - Of course as Shane noted, there are always exceptions, just do your homework before spending tons.
And It depends on the field you want to work in. On that sector maybe it"s not that important. But like Shane said working in wall street surly matters college background.
Agreed - you may be an A Student reading from books but in the real world you may struggle to survive.
Specifically for those that want to study economics, or for anyone eligible for in-state tuition in the state of Virginia I highly recommend George Mason University. Highly underrated school with a rather high acceptance rate, one of the top 50 economics schools in America (and an economics professor who won a nobel prize!), and the school has a metro station = metro access to commute to any potential internships in Washington DC
What a manly sounding university name. It's name alone sounds prestigious.
Hey, thank you! I'm switching from engineering into economics and I've been looking at schools to apply to once I'm finished my undergrad. I'd really like to go to U Chicago as that's the school of my two favorite economists (Milton Friedman and Thomas Sowell), but I know it's super hard to get into, and I just have a 3.66 cumulative gpa in my engineering classes. I didn't even think of George Mason but I should've, as that's where Walter E. Williams lectured, (another of my favorite economists). I'll definitely apply!
Virginia has great universities especially for how big the state is. UVA is a great school too.
Thank you for this advice. Any idea as to how to find good Economics programs in general? I live in Canada so it would be helpful for me to figure out.
Top professor only matters for graduate school, economics bachelors degrees are, for a lack of a better term……garbage like all non STEM bachelors.
Hi Shane, Agreeing with and adding my own cents here.
One, if you have the chance to attend your dream school do it. Say, a full-ride away from home. Do it.
Two, don't go into debt for the same education that can get at an affordable price. Example out-of-state vs in-state.
Three, It is not always where you go that matters, it is what you do.
Sorry, sometimes the college experience shapes you, builds life long relationships and can drastically change how you think and see the world. It absolutely matters where you go if you are looking for both the experience and education. I am glad I attended UW for all my undergrad, grad and professional schools. I could have gotten better grades and worked less hard at pre-reqs at community colleges but the diversity and opportunities at large universities (more expensive, more competitive) prepares me better.
@@jelloMadison There’s plenty of people who went your route who now have 6 figure loan debt who would advise students of the exact opposite. College is what you make of it wherever you go, and unless you are getting a full ride as the person stated above, it doesn’t make sense to pay exponentially more.
@@isaiah1931 of course, no one tells you to go to a great university to party and major in basket weaving. You choose your own path.
Unless you live in Florida. Every non-miami city iin florida I would rather die than spend 4 years in.
@@spektree8448 sadly i live in florida lololol and am having to pay a lot
For undergraduate it rarely matter. But only for subjects like Economics and Finance. For graduate school for JD and MBA it matters because the market is saturated.
Economics bachelors is useless.
@@jelloMadison why do you say so?
@@jelloMadison lol lame joke. Economics is the best degree someone can get.
@@jelloMadison not in the UK at least
@@josephbrennan370 your UK education is very different. Our law degree is a doctorate, so is our medicine, unlike yours. Our bachelor's are mostly useless except the few that has been named.
I’m going to UPenn and I would say one thing that most people don’t take into account is how to actually survive at an Ivy League school. Yea, getting into an Ivy is a huge accomplishment and means the admission officers believe you can thrive at their schools, but in reality it’s much much harder!!! So many people at Penn are depressed and start to crack. That level of rigor and intensity is nothing like high school!
@@ezraminard2406 ofc studying at Penn is pretty tough, but I would say it’s still worth it and I love this school. We work hard, play hard.
That's somethings that's true for ANY top 50 school tbh
Same at uoft
As a Cornell grad couldn't agree more. They say Cornell is the easiest ivy to get in but the hardest to graduate. My younger brother by one year got into Cornell as well for civil engineering. He didn't do well and was failing classes. Eventually he was placed on academic probation. He ended up going back home to a local state school where he ended up not only graduating cum laude but also becoming the president of the school Civil engineering society. He said the rigor and difficulty of the Cornell engineering program was night and day in comparison.
My cousin went to UPenn. He graduated last year with a degree in Economics. He’s still hasn’t found a job. Dude is dumb as rocks. He’s 24 and failed his drivers permit over 20 times. He still doesn’t drive. He has zero common sense. A little bit ago, him and his sister (my other cousin) and I went to the gas station, and as a joke his sister asked him to put gas in her car, he literally had no idea how to do it. It was funny but I felt bad for the guy. She on the other hand is super smart. She graduated from Lehigh university. She goes to grad school now at BYU. Im not saying Lehigh is a better school than UPenn but I always thought how strange it is that he got in and graduated from one of the best schools in the nation, and can’t do simple task. He can’t find a job. He doesn’t even have a path. I know he has really bad ADHD he’s had his whole life and refused to go on medication. Maybe his hyper focus from ADHD got him through something really difficult like UPenn but doesn’t show up during small tasks. That’s my guess.
Second comment - My daughter just completed her MLT program through a local community college. (She has no debt) The local hospitals love to hire from this program as the director is very well respected. She got hired at a decent salary, and the hospital she's working at will cover much of her MLS costs.
The community college route was even better for her, she initially wanted to go into nursing, and after completing pre-nursing program at this CC, she decided it wasn't for her. The first two years were paid for by community grants, so all I had to help her with was the MLT program costs. Not free, but very reasonable in this day and age.
good luck all!
Sounds great. What does MLT and MLS mean?
Medical Lab Technician - 2 yr program; Medical Lab Scientist - bachelors; I'm not sure what the degree is if she does masters?
MLS is such a good route my god I hope she goes far! She’ll have a job anytime she wants
Well, nepotism and boomer hiring managers are part of this world, so to get a job these days you need to network and you need a degree from a good school.
Sometimes you can get the "best of both worlds" so to speak! I went to community college for my first 2 years (El Camino in Torrance, CA) and then got into UC Berkeley for Electrical Engineering and Computer Science.
Berkeley is a very prestigious school, virtually on par with the Ivys, and for engineering / computer science, it is literally considered well above most of them (Stanford and Berkeley are the 2 silicon valley "giants"). Berkeley is also a public state school, albeit an expensive one. So, as a California resident I got to pay in-state tuition as well!
So, in the end, the cost for my combination of community college and Berkeley, was probably less than 4 or 5 years at a cheap state school (community college in California back in the late 2000s was practically free for us in-staters).
So, essentially, it is not as black-and-white as "this" or "that". A wise combination like mine might give you the best ROI. Nowhere does my degree say that I attended community for my first 2 years. When someone asks me, where did you graduate from?, all I say is: UC Berkeley!
Great to see another fellow CC transfer. I’m transferring too as a Cognitive Science w/Computer Science minor and hope to take advantages of the opportunities at UC Berkeley when I attend.
EECS is probably the hardest major to get into so congress and hope it’s going well!
oh my God- I'm literally thinking about through the same transition regarding unis. i have to make a decision based on my current situation, but I'm so freaking confused, and don't wanna make any mistake. if you're ok with it- could i ask you some questions?
i could reach out via email, if that's ok with you or any other form of communication sounds good too. lmk, thanks!!
Personally, i think having an ivy league on ur name just make ur name stands out to the employers and probably have more opportunities for networking,etc. Idk how much the education is better tho
The education is not better, but as the great Justice Scalia once said, “you can’t make a sow’s ear out of a silk purse.” Lol!
but who wants to pay 100k+ additional costs just to have a fancy looking degree
@@jready1455 rich people apparently
You dont even actually know that, your just making an assumption
@@user-uq1kk4mh2n that’s why i said “i think”. Do u go to an IVY? Could you tell me what is it like? I’m curious
This is a great eye opener for us. There are a lot to consider before going to an expensive school. ROI, is it worth the debt etc. Anyway thanks for clearing things up.
I think going to a community college is a good idea to save money and get your freshman and sophomore classes out of the way. This is what I did. The only thing I would say negative about a community college is the schools have students that really don't belong in college. Most or all community colleges only require a HS diploma or GED. I met lots of students that really should not have been there. Students are in class who didn't read the material they were assigned or didn't do what ever homework was required for the class. It almost like just a continuation of HS for them, grade 13. Its real easy as a new freshman to get distracted and get the wrong influence. Where as when you get to a university with even a moderate acceptance rate, the students there are much more serious about their college career. If you are a serious student and do community college you need to stay focused.
I went your route and god do I know what you're talking about. University students are much more serious.
we analyzed a paper in my econ stats class, and it basically summed up that your field of study has more to do with earnings, no matter the school. That being said, if you're studying arts or humanities, it might be more worth it going to a higher ranking school.
Something to add: For those that want to pursue advanced degrees later, it can matter quite a bit where you go. Some universities have more research opportunities for students and can allow students to take graduate classes as undergraduates - which can really be an advantage when applying for graduate school. Here where you went definitely can matter. I personally found this out the hard way. Went to a smaller public school that didn't have the resources in an area I would later pursue a graduate degree in. Found out everyone else had already had graduate classes in my discipline and I had not. (Even though I took everything advanced that I could.) That wasn't even a top-tier PhD program, so definitely something that can make a difference. It's good to consider if you need to go to a bigger school that has the resources to offer things that will help you succeed later.
If you are not breaking it down by major then the average salary of a school's graduates doesn't mean anything. My first thought when I saw that Ivy League students make less was that UC Berkeley probably has a lot more STEM majors than Harvard.
Also - Which did that study take into account who got jobs right after graduating vs who went on to graduate school?
@Reply by Shane Hummus - The Success GPS shut up bruh
This because many of the Ivy League graduates are thinkers who go on to be professors, which traditionally pay less. Look at all university professors, it’s filled with people from top universities only.
I was wondering this too. It seems like they left out a lot of important factors.
Just graduated from Marquette University with a degree in Finance. What makes a school matter is what you make of it! If you network, apply for internships, and create relationships with professors, you can open up many opportunities that a school doesn’t offer.
Fastest way out of college and start earning as early as you can, gain experience as early as you can is always the best route. 👌
Great points. Better to go with lower prestige and less competition for a better return on investment. Go to community college for two or three years for one-third the price of the four year state university, then transfer over to the local four year university for even better return on investment. That is what we did for our kids and everybody graduated debt-free.
Interesting. Does a community college transfer all credits to a local university for your children? For instance, if they took 20 courses (3 credits per course = 60 credits) and the children decided to attend a local university for junior and senior years, can the community college transfer all 60 credits to the local university?
@@Barra.A Generally community college's have what's called "feeder" schools which accept (most) credits but it mostly depends on your degree. Ideally, you should sit down with your CC counselor and discuss your major and desired university, then they'll pull up the university website, go to the desired major and print out the full four years and you can see which credits transfer and which do not.
I think the school you go to definitely matters! Some schools have much better funding options or a more prestigous name which can help you get a better job in the future. That being said, if you can get a similar education for a much lower price, don't go into debt (or more debt than you need to). Thanks for the tips!
320k dollars for a name. What a scam
@@TrampConnoisseurThese numbers are wildly off.
Just want to drop a comment of appreciation. I like how you build up your videos, how you structure them is great and logical. It’s nice to see that on YT.
Can't thank you enough Shane! Been requesting this video to a lot of youtubers but your insights were by far the most practical and most appealing to me. Bless you!
Im in the middle of stressing about getting into a top school and this video is really a eye opener on me about what im really working for.
You got this!
The main thing is to try to get great grades, and to keep your debt as low as possible while, you are earning your degree (smile...smile).
Same
Honestly this world is unfair.. we all work hard in college either someone is in normal college or high ranked top college. Not everyone can afford Ivy league, not everyone can get top highest marks in high school specially if you are from Asia (Asian students can understand this) because Asian high school system is so hard to even pass the exam in 11th 12th and it is like "impossible" to get highest marks. It's like a unfair chain: you will get good job at a good company if you are from good university, and good universities take students with high marks in high school. So other people who are studying hard in normal universities basically wasting their time and money?? Only people from high ranked universities will get good and high paying jobs?
Thats soo true !!!!!😳
You have to take into account job placement, starting pay and the company they're working for. For instance, a CS student at Harvard is going to make more money on his/her first job than a CS student at Purdue just on sheer name brand alone even though Harvard is not known for their CS program.
This is only partially true at best. It has a lot to do with your interviews (you will likely have 4+ technical interviews) and how many internships you've had + competing offers. I say this as a former CS student who now works at Microsoft. I went to UMD (currently tied with Harvard at 16th for best CS schools in the US). I'm near the top of the salary band for my level as well. It's more on a case by case basis.
However, on average a Harvard Student will be more motivated than a UMD student. While the top say 30% of UMD (also lump in UVA, Texas, Washington, and the Cali schools) are ivy quality or at least close, the bottom 30% are just barely making it by and don't do internships as often if they get any at all. Where as the bottom 30% at an ivy at at worst probably in the top 60-70% (if not maybe even a little higher) at a top 25 state school.
Your just making an assumption based on your own belief that harvard is significantly more prestigious than purdue.
You have zero proof of what you just claimed
@@user-uq1kk4mh2n hes talking about name brand. most people would agree harvard is more well known
Think this is overly vague to a large degree. Probably the best point is that it depends on the field you're in. Also would say it depends on whether or not you plan on going for a masters/professional degree. Your undergrad may or may not affect (more often the latter) your ability to matriculate into a very well regarded professional degree program, which will serve as the springboard for your job. Certainly as someone in architecture, I've seen my fair share of people go from no name schools to Harvard or MIT for masters (and even then, it's pretty common for people from Ivies to be taking orders from bosses or project managers who went to state schools). There's just so much variability with this based on field, the best message is to know your desired career route and base on that, which is a difficult task for many people first leaving high school
For graduate school, yes it does matter; this is particularly true for what you plan to study.
For undergraduates, a great school helps but is not always necessary. Most lower-division courses are basically taught the same - from community colleges up to the top institutions.
Great timing for this video dude! I literally went to TH-cam to listen to someone's insight about choosing to go to an ivy leage or a comm college. Very satisfied with what I learned from this video.
Great video! I had always questioned whether the University you go to really matters. As a US citizen currently living in New Zealand, I've had my classmates ask me why I didn't attend a US university due to the availability of "prestigious" institutions. I told them it really doesn't matter, and there's more to education than just the ranking of a university. I would suggest making a follow-up video for students who want to study abroad (e.g. differences in education systems). For example, PhDs in the US take approximately 8 years compared to Australia and New Zealand which take approximately 4 years to complete. My understanding is that it's because you have to take extra courses in the US but primarily focus on research in Australia/NZ.
I work in HR, mainly in Talent Acquistion and I have for a bit over 10 years now. I have recruited so many positions for so many industries. Hospitality, retail, aviation / aerospace, IT, security, education, art / animation and many more.
I can honestly say that the BULK majority of positions that my team and I have recruited for; it did not matter what school you went to as long as it was a regionally accredited institution.
However, there have been a select few positions were hiring managers did prefer Ivy League. It was very rare, but it did happen. Nowadays though, it is 100% a candidate market. Most organizations do not care and just want to make sure you have the credentials. So many organizations are struggling and fighting for talent. We don't have time to care what college you went to. Lol.
How did you get into an HR career and would you recommend it?
Thank you posting this! Really appreciate the inside information.
I went to one of the best-value four-year universities in the US six years ago and now I'm getting the most affordable MBA with AACSB accredition in the US. It's never been a disadvantage really, there are plenty of great jobs to go around, and even as an incoming MBA class we're getting recruited already. But being entirely debt-free definitely feels good!
Do you mind sharing where you are getting your MBA from?
@@horrendous_karaoke Eastern Illinois. I had a few other options but this one seemed really solid. Classes are small, professors are very approachable and willing to coach you into becoming a better professional, and at least for grad students there isn't a lot of distraction. The program is only 33 credits and out-of-state I would be paying about $35k for tuition, fees, housing, textbooks and a meal plan for the whole degree (I have an assistantship and scholarships so it's a lot less than that). So if you're willing to live in a town with nothing to do and just put your head down for a year to go through this program, it can be a really good deal.
Just curious, which University?
@@williamlevison9966 Did my Bachelor's (double major in Business and Communication) from Weber State in Utah. Then my MBA from Eastern Illinois.
@@pascalfriedmann1479 Cool
I have a BA in math, MS in ME, and a PhD in ME from UC Berkeley. I also got an MA in math from a CSU college. I worked as a Mechanical Engineer in the Aerospace industry from 1976 until 2014 when I retired. I was also an adjunct professor in the UC and CSU systems. The one thing I can say about mathematics is that I learned math much better at CSU than at UC, where everything was so abstract it made no sense. I found that math at CSU is more practical than at UC for the work place, although the math at UC did give me an advantage over other students in engineering.
Why did you get a BA in maths and not an BSc in maths? Maths is not an art.
I am now retired but worked in the medical field for most of my adult life. I do not remember schooling as being important for getting a job for myself or colleagues. There are many foreign school educated doctors and nurses who as long as they pass their US boards and meet the requirements of their state boards, can get hired easily in the US. Supply and demand rules. Work experience also plays a large part in getting hired.
I’m at a “prestigious “ college and it’s stupid I’m sorry I have no pride of this place and they have ridiculous standards to the point every other class is recommended to take a transfer credit form elsewhere , I don’t know how a school can even be “prestigious” without basic forms of help it seems like the higher you go the less they actually care about quality teaching because they have the name to back them up.
Which college?
Where r you going if u dont mind?
@@papihuey It's prestigous but not that prestigious. Harvard and Yale have amazing teaching. I can attest to that.
@@df938 nc state , for engineering it’s the best in the state and people are saying raliegh will be east coasts Silicon Valley although it’s not as prestigious as Ivy League or Georgia tech , mit etc
@@papihuey nc state
This is true but if you get accepted to Harvard go to harvarr
This is a very useful video man! You covered basically all questions I had in mind. Please don't get tired educating us about college and personal finance You are doing a great job man!
As a word of advice: check your program on US News' college rankings list. I would say if they are in the top 30/probably even 50, they are a really good program in the U.S. This is what I'd consider a competitive program, hard, but will end up opening eyes in your field. People you are applying to should know that school and it's prestige within the program.
Ex: Purdue University ranks #20 for C.S., while UIUC ranks #5. UIUC is extraordinarily hard to get into specifically for their engineering program, which CS falls under. If you get into Purdue, go for it. It's near the same range of educational value, and they're both public schools.
I worked for a petroleum company and was also involved in college recruiting. When I formed a team to visit schools, we looked at student's major and then GPA (minimum of 3.0). After visiting multiple schools, we would assess every potential candidates from various schools the team visited and ranked them by major, gpa, experience and personality. Never once did anyone say 'but, he/she went to xxx school'. Over the years, I did notice few schools that really stood out. Other than that, a candidate will be much more successful if they were a good student. Also, internship experience is a very strong consideration.
The college honestly doesn't matter, it's the knowledge that matters, that's what most of the employers are looking for nowadays
I got a fancy degree from a fancy private school...LMU in LA, and this was Back in the day. I graduated in 1991 with a degree was in film production. Back then, LMU cost me 45K for 3 years, I had done GE at community college. I never worked in film, went into finance instead and the name LMU did open doors. Now things are different and I would not suggest anyone do the same. I have a pretty diploma but besides being wall art it's basically useless. Wish I had your videos back then to guide me, Shane! Great work. Kids, do your homework. All I can say.
I noticed the schools that are harder to get into on the west coast run quarterly instead of semesters and i think that is a huge upside to finishing faster while also splitting the classes evenly over 10-12 week periods. While state schools do the 2 16 week semesters 1 short summer
If you live in California, here is a plan to optimize your education and future: do well in high school, but prioritize building your work ethic and getting a love for learning. Work over the summer. Go to community college and do as well as possible in you classes. Work over the summer. Apply to Berkeley, UCLA, and UCSD, but if you don't get in, just go to any other UC with the TAG program. Major in something that you will both enjoy and earn a decent amount of money. Work over the summer or intern. Now you'll have graduate from a great university with almost no debt if you've been saving money that u make over summers.
Attending one of the elite schools definitely will open more doors when you're trying to land your first job, but after that, your work history is what matters.
But is it worth the student loan debt tho
@@christophershanklin112 depends on your course, but in the long run it generally is
@@Alan-ou2id companies don’t care about the college, they just care about the degree and experience
Yew
My dad graduated with a bachelors (mechanical engineering) and a masters degree (MBA) from Colombia University and he didn't recommend any of my siblings going to university at all 😂 so I got a diploma from a polytec for free and am now applying for a free, online graduate certificate in business from another polytec (hopefully gaining special admission from 3 years of work experience at my dad's company). He told me: unless you want to work a job in healthcare, don't get a degree
Geography plays a huge role in the decision. Think where you want to live and work. I work in biotechnology in San Diego and most people in the industry have degrees from local UCs. When I get applications from Virginia Tech or Boston schools I pit them in another pile. I dont even know if those schools are good but I know UCs are good.
What about California State Universities (CSUs)??
@@ashley1872 we also get a lot of applications from SDSU which is one of the better cal states. CSUs also work if the person has motivation and studied the right major, science or engineering. Anything else isn't worth it.
@@paxtonebright2951 Only problem is that unless you live in Cali, basically all of the UCs require you to go into debt due to their high out of state charge and their lack of scholarships.
@@zach9529 yes but if you are committed to living in California then the ROI will work out eventually. Of course payback period is much faster for in state. That said the housing market is crippling expensive right now so I can't recommend moving to California unless you have a ton of house equity already.
I'm incredibly blessed to have gotten a full ride to a prestigeous school near me. I seriously considered a 2 year then transferring before entering college for many of the reasons that were mentioned in the article and video. I think I would have chosen to go that route had I not been offered a full ride. I highly recommend people to look into community college over going straight into a 4 year. The transfer process is often easier than the admittance process not to mention cheaper classes, and easy classes.
As someone who's attending a community college I'd say having the minimum requirements should be looked at first rather than where you attended, unfortunately there are some cooperate companies like Google and other places where they're searching for the top Harvard, MIT, etc grads.
For undergrad, hardly matters other than for students who are prepping for top Medical, Law or Business schools, since degrees from more competitive schools/universities can give you soft points. For some majors, it matters, because, major firms recruit only from some schools, ie… finance, comp sci, engineering. For terminal professional degrees, ie, nursing, pharmacy, doesn’t really matter, unless you gunning for something after graduation. My two cent on USF SOP, UCSF SOP is the superior school, avoid USF like the plague if you plan to matriculate in the Bay Area.
- To make a summary of your video bro. Just go to regular schools and get your degree. It’s because it’s cheaper and you can make more money as well compare to private and Ivy League schools. The private and Ivy League schools are just for people to feel special, superior, and brag about cause of it “TITLE”. It’s a 1 out of 10 chance for a person to need to attend a private and Ivy League school(specially). It’s because Ivy League school have a link to businesses after you get out. So your chances to get in a job you really want is higher. Also on top of that you need to be super smart to get a chance to get into them.
You can’t judge colleagues based on averages. There are so many factors that vary wildly depending on one’s major, and the number of students graduating from a certain major and what jobs pay higher salaries.
Some schools also funnel students into particular programs that are good for the school but not necessarily good for the student.
It doesn’t surprise me many administrators think this is useful because they wear blinders when it comes to knowing students wants and needs. It’s often about fitting them into the schools wants and needs.
Yes, the school matters. Big schools with big $ have a ton of partnerships/networks will ensure that you get a positive ROI, and not saddled with debt forever. Sometimes cheap, small state schools isn't worth the investment.
On the other side of the coin I had a friend go to a very prestigious private school that's extremely difficult but has some of the best networking. Their graduation rate is extremely low and he ended up dropping out his first year and he's nearly 100k in debt. There's some really good state schools that won't work you to death and still give you an amazing education
That student loan debt is not worth it in the long haul. Trust me companies don’t care about the school and it’s not a business move to go to Ivy League just because of the name.
small objections: most private schools are super expensive (60k plus), but just about all ivy leagues and top 20 private schools give incredible financial aid nowadays. i'm pretty sure all of the ivies are "debt-free" (or at least they say that) where if you get in, you can negotiate and lower your offer by a lot. i also think a lot of those salary-related numbers are skewed because state schools usually have more stem/engineering/compsci graduates, while the ivy league does much more humanities/liberal arts.
a few of my friends who killed it in high school (and could get into a top-tier school that gives great aid) but wanted to go to a mid-tier private school (because the stress and cutthroat culture at ivies is no joke) did a strategy where they applied to 3-4 schools they actually wanted to go to and then prestigious schools they didn't want to go to but gave great aid. they then sent the aid offers to the mid-tier schools, and all of the schools they tried this at bumped the price waaaaay down.
these mid-tier private schools have plenty of resources to give extra scholarships to a very competitive applicant, but they won't give it upfront- you have to show them your offers from other schools that are higher ranked. this shows the mid-tier school that they're not just a safety school.
(i'm pretty sure the reasoning for that is that the schools want applicants that are excited about the school and if they're pretty sure that the applicant is going to get into higher-ranked places, they don't offer as much aid. that way, if the student has to fall back on the safety school, they'll pay more and not think about it. by sending over a lower offer and negotiating, it shows the school that you're not only a great applicant, but also genuinely excited about that school.)
As a Cornell grad, can confirm the aid is very generous. If you look at the average debt for students from ivy leagues its about the same as the national average if not lower if you come from a low socioeconomic background. Hell if you get into an ivy and your family makes below a certain amount you can pretty much go for free.
This is a big question many students are pondering. Well Thank you for being honest about it.. greatly appreciate the information shared in this video.. One of the best 9 mins spent on YT lol
It matters for a select few professions like investment banking and management consulting, among others as well. However, its not like you can't get into these if you didn't go to the elite schools, its just not as easy. My recommendation as someone who went to an elite school (an ivy) is to really do your research to find out if whatever you want to do requires a certain caliber of school or not. If it does, it still might not be worth it if you have to pay/get into much more debt to attend such school. Only attend elite schools if your profession requires it and your cost of attendance is less than or equal to the cost you would otherwise pay if you didn't attend and instead chose another school.
You should talk about vocational school and the values that possibly has and it’s pros and cons
When Shane said you must write fantastic essays to get into an Ivy League, the essay snippet from the latest Netflix movie where a college hopeful is shockingly accepted to Harvard came to mind.
Oh the kissing booth movie? I hate how she gets accepted into Harvard, Berkeley, and USC with the absolute laziest essay ever conceived.
2 years at Community College and then finish the other 2 at a state school.
Thanks! I really appreciate you sharing your experience and knowledge about this situation. I am all for practicality, so I will totally follow your advice.
YES, it does matter. I've looked into the age demographics and weather of the community, local oppurtunitys in the area, bars in the area, political leanings and local opinion piece papers done by the locals, how pretty the dorms/school/area is (THIS ONE'S INCREDIBLY Important) all to weigh how likely I am to be satisfied in the area. If you're moving to a different place do some research to find out the likliehood of getting crunked in a Wendy's parking lot.
What if a community college offers a bachelors in the program you want? There’s one in my state that offers a bas in applied management and also a bas in marketing and entrepreneurship
Avoid any for profit college even if they're not online.
I wish the study had divided the state schools between flagship universities and regional schools. There is usually a big price difference between them.
Ivy leagues give so much financial aid though. Makes it around equivalent or less than a state school for most students.
Thanks, Shane, I agree the most important thing is you have to find a really good college for what you want to do. This could also be the college that you've been dreaming about for a long time.
This is a very over generalization where you place money (income) as the only standard of sucess. Different occupations will have different range of salaries. In the end its what kind of school experience do you want, a community college experience, a state school experience, or a top school experience where you will be among your over-achieving peer.
The school does matter, in the public's eyes anyway. It's the reason why people look down in Community Colleges. I go to NYU and I'm only there because it's my cheapest option. My major (Game Design) is rare and the school is top 5 for the major and since I don't live too far from NYC, I can commute. I saved up some money to pay off the loan I took out so I'm at NYU debt free atm. I see NYU as any other university, but when I tell people I go there they make it sound like I got into some crazy top school. Maybe NYU does have that reputation to some, but it's just another school in my opinion. I don't value it any higher than a community college since school is school Yes NYU has more options since it's a uni, but they both have the same goal in mind: to prep students for a career or work in a certain field or fields.
If anything, I respect those that go to CCs more than my peers. Some people come to NYU due to the rep and they're putting themselves in series debt when they don't know what they want to do, attending NYU for the wrong program (like why go to NYU for teaching when there's QC), or for the name. It's not worth it. Do some CC classes then transfer if you must or go to a cheaper school. Plus if you're in a field that requires a portfolio (CS, GD, Film, etc), you need that to make yourself shine! You can go to NYU for CS and sign up for an internship but if the community college kid who did CS and participate in hackathons, tutored kids in coding camps, made games, and etc shows up, don't be surprised when they go towards them and not you!
I never want to work for some pompous boss who cares more about where the person went than focusing on what they can do. My mom was accepted into NYU, but couldn't afford it and went with a cheaper option. If a boss can't recognize why someone wouldn't be able to go to a prestigious school, they're simply not worth the time
Just started a co-op endorsed accounting diploma at Fanshawe college in Ontario Canada. So excited!!
An excellent video as expected... However, this may not be as relevant for international students... Do consider making a few videos specifically targetting international students as an audience!
Cheers!
Why do you think it's not relevant?
@@adelhelma6015 We aren't eligible for federal aid, and the normal fees for international students is almost double what locals pay. So most international students would prefer to go to ivy league or private schools because they tend to give the most financial aid
International students, for undergrad, depends on your focus and how competitive you are. Here in America, we can still be mediocre or bottom barrel feeding dung and still end up as Medical Doctors or Lawyers. For international students, aim for well known, international, R1 universities.
@@jelloMadison what's R1?
@@soignee.m so we're more likely to pay for a state uni than a liberal arts college?
It doesn't really matter. I graduated from a very questionable "college" with even more questionable degree and yet nobody ever asked me about it. I landed severla higly-paid positions and never worried about any debt compared to other people
In some careers it does. But for some, it doesnt really matter.
Your research is wrong for ivy. All the ivy leagues offer substantial scholarships for median income households. For instance, my brother who goes to Princeton, family household income of $150k/year. He pays about $15k/year for tuition due to financial aid.
As a Cornell grad can confirm the financial aid is very generous
So many things are problematic with this video.
1. Ivy League schools (and most in the top 25-50) will meet 100% of demonstrated need. They don't usually offer merit scholarships; private schools use those to try to take students away from more prestigious schools.
That is to say, if you NEED the money, you'll get it, so the cost isn't really an issue.
2. Excellent schools produce more graduate students. It would take most Ph.D.s more than 10 years to make more than 130k in academia (5 for Ph.D., 3 for postdoc, where you're making 40-50k, then you finally start as an associate professor).
This is like how Harvard and Yale Law schools get knocked for sending many graduates into ultra-prestigious clerkships.
ALWAYS go to the best school.
I'm convinced that the knowledge gained is basically the same everywhere. Hypothetically, if the college did matter, it wouldn't be worth paying more. You wouldn't get the expected payoff for your investment.
Lmaooo 96k for average projected starting salary???? Lmao that is very off, unless if you’re in tech. Most fields will have you start much lower and then have you work your way up. Edit: 2021 projected starting salary of 77,500…. Oooof
Please do a segment about the online university, University of the People (UoP).
To just look at the sticker price at any ivy is pretty silly imo. The aid at ivy league schools is superb unless your parents are uber rich at which point they are probably paying anyways. Im at any ivy league studying engineering and only have to pay 20-25k/year all inclusive. It was only marginally more than my state school so it was a no brainer.
As a Cornell grad can confirm. If you get in the financial aid is pretty generous
Idea: Can you do a video on investing? I know very but I know It's better to start in your early college years than later.
How to invest your first $100 (Step by Step Guide)
th-cam.com/video/FkAB1irRCoU/w-d-xo.html
How To Invest In Stocks For Beginners (2021)
th-cam.com/video/va6guXYA_PY/w-d-xo.html
it only matters for your first job. after that it’s all about how well you do your job.
Not for computer science. I went straight to a big n company.
@@sneezygibz6403 what school did you go to
@@sneezygibz6403 which school did you go to ? I'm applying to at Graduate school in US for Computer Science for me UMD will be the best option
Any job in the tech industry, your university doesn’t matter. However in a industry like law, your university matters the most
If you're becoming a lawyer you really should go to a prestige college and be the top 5% of your class
A good video idea would be :
Best Jobs for while your still in college working towards your degree
True
This is a "sample versus statistical" problem. If you are an "average" student - go to the state university for an undergraduate degree.
If you want to know, Penn State has the largest alumni network
Have you noticed that now, just about all Supreme Court Justices and US Presidents are Ivy League grads? I know those schools are top notch, but having an Ivy League pedigree among such professions wasn't so common decades ago.
Ivy League schools are also “private”! Keep that in mind.
I recommend penn foster, ashworth college, Washington Technical Institute, u.s. career institute, Columbia Southern University, university of the people, Martinsburg college and the like. I've went to several of these schools and they were great for me and many others. Private schools are better by far in my opinion.
I went to a small basically unknown school and I honestly don’t regret my decision to go. Being it was small classes were also small allowing me to get to know my professors and vice versa. I was able to network and learn more because of it. My school’s computer science program was also geared to making software engineers so most of the curriculum was practical coding like web development and app development. It wasn’t very theory based and there weren’t a lot of extra math or science requirements. I got what I needed to know and that was it.
@pandaangry1267 yes
@pandaangry1267 yes and no. There are better colleges than others in term of opportunities for networking and at times better education but in the grand scheme of things where you go isn’t all that important. What is important is how you use your time throughout school. How I’ve interpreted college isn’t a place to teach me but a place to teach me how to teach myself. I used lectures as a guideline on what to look into myself. With that mindset I generally was at the top of my classes because I took time in and out of school to learn further.
@pandaangry1267 Ofc again some schools have better networks which makes it easier to get in certain places but overall not really. There are plenty of people who get good jobs without a degree at all.
@pandaangry1267 I say go with what gives you the best chance 👍🏾. You can always learn the skills you need for the job on your own if you must. If it gives you a better chance at employment then I’d say take it.
When an intelligent young man on the news got accepted into all ivies and decided to go to a CC then transition to a public university that says something
Can you make your videos more international focused sometimes than only USA focused.
In canada a bachalor from a university costs $60,000 and a bachalor from a collage costs $30,000 both for the whole 4 years expense. You americans are getting scammed.
You’re right, the US prices for education are problematic. An undergraduate degree here in Scotland is free for all
@@misswiktoria how man.. help
Yes it matters.
If you're applying to jobs outside of your state, it would be better so to have a more well known college on your resume so its more recognizable to recruiters
In case you were a little fooled by this - Ivy league unis do more research, research pays less, and so on.
The college you go to doesn't matter when it comes to studying and getting a degree, it's just the degree you get for employment matters
This was really helpful! Your video helped clear up so many things in my mind that I've been trying to get answers from other channels before this. So satisfying to actually hear the answers from a reliable Ytuber. BIG BIG Thanks!
Honestly Education and Healthcare should be Not For Profit
In my opinion, alumni network is vastly overrated 9 times out of 10. You’re gonna spend twice as much, if not more, just to have “connections”? You’re gonna make connections in whatever school you go to. Spend as little as possible on a decent education and work hard. Don’t overthink everything.
Dropping Ivy schools for the next list and private does it make sense to go to a better "public" school. US system clearly.
That motherfucking DO IT sounded louder than the whole video
Stop waving your hands ! Where you do college in technical fields and various professions may determine what jobs you can compete for. Obviously, two top technical schools in the U.S. are MIT and CalTech, but various colleges strong in specialized areas are favored by companies involved in those specialties. I worked for an electronics company that welcomed engineers and scientists from the U. of Texas, U. of Oklahoma, Rice, MIT, Stanford, U. of California at Berkeley, Oxford, and CalTech. The company ran an internship program aimed at students from these schools. I list these by way of saying that those who want to do technical work for top technical firms shouldn't get their degrees from their local liberal arts school or the state teachers college.
This video seems clearly orientated
If a lot of people choose not to work after an Ivy League school, it should not be taken into account. And the salary should be classified by degree, comparing graduates in computer science with other graduates in computer science and graduates in gender studies with other ones.
Plus, the fees is not what you actually pay as in the ivy league universities, most people have a scholarship so they don't really pay much.
If this wasn't taken into account, these articles have so many flaws that it is not even possible to conclude anything from them