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<p>I’m afraid I still have to push back on the notion that the education at MIT and IIT are the same, although I suppose some of the confusion stems from what we mean by ‘education’, which I take to mean more than simply the components of the formal curriculum, but also incorporates the general atmosphere of the school that fosters the uptake of that curriculum, of which arguably the most important feature is the student social network. Let’s face it, people are social creatures and tend to copy what they see around them. When surrounded by motivated and dedicated people, you tend to want to become motivated and dedicated yourself. But when surrounded by people who are not highly motivated, you tend to become unmotivated. The grade curve at a more demanding school only serves to reinforce social strictures by forcing you to study harder for fear of flunking out. Most people tend to work only as hard as they must, and if they can get top grades without putting in much effort, they will do just that. </p>
<p>Relatively little of the college educational process occurs within the formal classroom. Rarely will you spend more than 20-25 hours a week in the classroom. Far more of your time will be spent interacting with other students, and that is where much of the real education occurs. As a case in point, I personally learned practically relatively little about thermodynamics from the formal class I took, relative to the great deal I learned by debating the finer philosophical implications of entropy and free energy with other students. But that could only happen because the other students had insightful comments to make. </p>
<p>Now I agree that a student at IIT can, in theory, obtain an education that is just as good as at MIT. But, again, the real question is, will he? There’s a chasm of difference between what people can do and what they will do. Like I said, when placed with in a social environment where your colleagues are less motivated to learn, you will tend to become less motivated yourself. You may also lack a student social environment that fosters the rapid exploration and generation of ideas. Granted, you can make up for this too through diligent formal study - but the question again is, will you?</p>
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<p>I again have to push back on this notion of unfairness. Is it really unfair? That is to say, are the students emerging from IIT really just as good as the ones from MIT? If so, then why do companies continue to (unfairly) prefer the ones from MIT? Are they just being stupid? If they’re really being stupid, then that logically points to a ‘brilliant’ business strategy: a company should then simply refuse to hire any engineer from MIT or any other top school, but instead should scoop up all the undermobilized talent from the lower-ranked schools, and hence outcompete all of the other companies who are still foolishly fixated on the MIT students. Why then hasn’t any company managed to figure out such a brilliant strategy?</p>
<p>I suspect that’s a strong indication that the hiring process, on the aggregate level, is actually fair: that the MIT grads actually do offer superior productivity to the IIT grads. If that wasn’t true, then companies should have figured this out by now.</p>
<p>Personally, I think much of the mystery stems from social networking. Many former MIT (and Stanford, Berkeley, etc.) engineering students occupy management positions and they tend to prefer hiring from their old schools because that’s what they know best. They understand what the graduates from their own school know because they went through the same program. Search costs are therefore reduced.</p>
<p>Consider the hiring practices of Google, in the pre-IPO days, which is precisely the best time to have joined Google.</p>
<p>For the most part, it takes a degree from an Ivy League school, or MIT, Stanford, CalTech, or Carnegie Mellon–America’s top engineering schools–even to get invited to interview. Brin and Page still keep a hand in all the hiring, from executives to administrative assistants. And to them, work experience counts far less than where you went to school, how you did on your SATs, and your grade-point average. “If you’ve been at Cisco for 20 years, they don’t want you,” says an employee.</p>
<p><a href=“http://money.cnn.com/magazines/fortune/fortune_archive/2003/12/08/355116/index.htm[/url]”>http://money.cnn.com/magazines/fortune/fortune_archive/2003/12/08/355116/index.htm</a></p>
<p>Again, was Google just being stupid? Even if they were, I think many companies would like to be as ‘stupid’ as Google was. Sergey and Larry, despite their level of stupidity, are certainly laughing all the way to the bank</p>