Does The College You Go To Actually Matter?
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- Опубликовано: 9 сен 2021
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These videos are for entertainment purposes only and they are just Shane's opinion based off of his own life experience and the research that he's done. Shane is not an attorney, CPA, insurance, or financial advisor and the information presented shall not be construed as tax, legal, insurance, safety or financial advice. If stocks or companies are mentioned, Shane might have an ownership interest in them. Affiliate links may be present, the offers and numbers presented may change over time so please make sure to confirm that the offer is still valid. Some offers mentioned may no longer be available or they have been changed. Please don’t make buying or selling decisions based on Shane’s videos. If you need such advice, please contact the qualified legal or financial professionals, don't just trust the opinion of a stranger on the internet and always make sure to do your own research and enjoy this family friendly content.
Sources and further readings for jobs and college degrees:
bls.gov(bureau of labor statistics)
nces.ed.gov(national center for educational statistics)
payscale(provides information on jobs and degrees)
www.investopedia.com/articles...
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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.
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.
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!
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.
Great timing for this video dude! I literally went to RUclips 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.
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.
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
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!
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.
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
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
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!!
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.
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.
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.
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
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.
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
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.
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.
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
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.
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 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!
Thank you for great video 🙏 exactly what my son needs now. We are choosing between one private and one public University in Florida.
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
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.
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.
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. 👌
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.
You should talk about vocational school and the values that possibly has and it’s pros and cons
Cool video. Very informative.
Have you ever spoken about pharmacology? What's your opinion on it? Is it worth it
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.
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
Just started a co-op endorsed accounting diploma at Fanshawe college in Ontario Canada. So excited!!
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.
Nice videos and useful content
Thank you for this. I’ve been stuck between going to Gonzaga (private) or WSU (public).
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.
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.
My son will be a college freshman in the fall of 2022 and looking to go to school for Bio-Chem or Chem. We live in Wisconsin so he can pay in-state tuition at UW Madison, he also got a scholarship to the University of Arizona which covers most of his tuition there. He has a good shot at getting accepted at Northwestern and the University of Chicago. My question is, is it really worth all the extra money the high tuition will cost at Northwestern and the University of Chicago (around 60K) or is he better off paying annual tuition of $11K at UW Madison or $2200 a year Tuition at Arizona? I guess what I am asking is if the Northwestern and the University of Chicago name, ranking, and reputation are worth all the extra money?
Depends on what degree he wants to pursue.
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 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
@@humptydumpty3345These numbers are wildly off.
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.
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 !!!!!😳
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.
Please do a segment about the online university, University of the People (UoP).
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?
@@Mint_tea_cup 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
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.
interesting. Thank you.
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.
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
Does it matter which level of state school though? For example in Texas the University of Texas and Texas A&M are the big state schools vs Lamar, Texas State, or UH. Are all of these schools in the same category or does your point differ.
Shane can u video about public sector jobs? Like being in law enforcement and fire fighting?
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.
Hey I just want to know different people's opinions. I am undecided I don't know what to study but I am between attending UNT or Stephen F Austin. I might end up studying something business or Finance related as well a fine art/ performing art. Everyone recommends me UNT but SFA also gives me great scholarships and since it is a smaller school each student gets more help and attention compared to UNT which is a larger School. I feel like going to SFA from all the good things I've heard and honestly the thought of going to UNT kind of scares me what do you think?
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.
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
What would be interesting tools/resources for me to find out what universities are known for my intended major? Not only in the US, but universities worldwide.
There's collage rankings just look up best school's for x degree and then look up those universities
What about online classes like udemy for computer programming etc? What are the best platforms?
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.
Hey Shane I have applied to Washington University for masters in data science but I feel like I'd be in debt for no reason .
I could just get a few certifications online
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
I wish the study had divided the state schools between flagship universities and regional schools. There is usually a big price difference between them.
Hey Shane,
What are your thoughts on a Masters in Executive Leadership?
This is true but if you get accepted to Harvard go to harvarr
Hey shane, thinking about applying to a college near me....the problem i have is, its the only one near me that offers the degree i want to do.....it has a low graduation rate but is affordable...what are your thoughts on this?
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
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
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.
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
Yes it matters.
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.
I'm curious as to how these figures were calculated. Seeing as it looks like it is just sticker price, I don't think the numbers presented in this study can at all be accurate. Especially when it comes to Ivy League universities, financial aid is a huge deal. Places like Harvard or Princeton have a net cost of zero for pretty much the average American (65000 or less per year gets you full coverage without loans) and require people to make an absurd amount of money to actually pay full price or close.
Hello, I would like to thank you for this valuable informations . I really needed this. I study dentistry and for some reason I feel that I have to change this to general medicine. The idea seems crazy to me, but with the change in the situation and this epidemic , I began to think in a different way and I do not know whether this is the case. It will be better in the future or not
Thank you so much and wish all the best for all of you
heyy so I am from India and just graduated with a bachelors in computer science and chose to go to Marist college in NY for MS in CS. Although it isn't very well known I loved the course structure, the professors and the campus. However my F1 student visa got rejected, some said maybe because you chose a lower ranking college compared to your profile. I checked UTA and Stevens but for us Indians the cost goes upto $1,20,000 for Stevens and $70,000 for uta as international students while Marist will be done in like $45,000 max I personally don't feel it is worth going in such debts just for a CS degree especially when I cant afford it. But then choosing a lower ranking college makes me feel like my potential and high grades are going to waste. what do y'all think???
A degree is a degree, the knowledge you learn at each university slightly changes. The top tier universities are just very rich, hence are prestigious. Don’t spend too much on college, just a bachelor’s is more than enough. A masters can help but isn’t required
What is your opinion of Caribbean medical schools ?
Check out Kevin Jubbal
I am not sure what schools these total are coming from except the elected public and private schools. There are so many small to medium public and private options that can give you the same or better education for a much a lesser cost
In some careers it does. But for some, it doesnt really matter.
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.
The college honestly doesn't matter, it's the knowledge that matters, that's what most of the employers are looking for nowadays
A good video idea would be :
Best Jobs for while your still in college working towards your degree
True
Do you have any videos on international universities?
Ivy leagues give so much financial aid though. Makes it around equivalent or less than a state school for most students.
Management Information Majors! What school do you attend???
shane could you make a video covering cognitive science?
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)
ruclips.net/video/FkAB1irRCoU/видео.html
How To Invest In Stocks For Beginners (2021)
ruclips.net/video/va6guXYA_PY/видео.html
Can you make your videos more international focused sometimes than only USA focused.
- 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.
My company pays for our education in specific online schools and Bellevue University is one of them. They have a Masters program in Data Science but the school seems unknown and in the middle of nowhere. Is it worth investing my time in a free master's program from a unknown online school?
If your company is paying for it I would say go for it.
That motherfucking DO IT sounded louder than the whole video
2 years at Community College and then finish the other 2 at a state school.
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.
Per investopedia a starting salary fresh out of a state school of $90k ?????? I think their numbers are off from the beginning. How do you make $90k fresh out of a state school. I’d like to know more!!
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