<p>As T26E4 shows, what going to HYP will get you is the ability to use, correctly, secondary meanings of words whose more common usages get them bowdlerized by CC’s naughtiness blocker software. You can’t put a price tag on that!</p>
<p>Seriously, as I said above, I do think that prestige has value. I have had a very nice life, thanks in some part to prestige points I collected early on, including where I went to college. But the value of that kind of prestige is just nowhere near as much as many of the highschoolers on CC seem to think. Furthermore, the limited value name-brand college prestige has is much more diffused through the system than those highschoolers think, and the relative differences among comparable institutions practically negligible. </p>
<p>If I see on a resume that someone went to Dartmouth or Michigan, I don’t think “Oh, that’s not Harvard, this person can’t be first rate.” I think “Cool! This person went to Dartmouth [or Michigan]!” The world is such that there are lots of paths for smart, ambitious people to take, and lots of roles for them to fill. Brand-name college graduates are not elbowing each other aside for most opportunities; most opportunities attract 0-1 such candidates. </p>
<p>The one place where that’s not necessarily true is entry-level jobs in New York City and Silicon Valley. But even there, where people can be really snobby, there is no difference in the prestige bump conferred by roughly equivalent schools, and very little difference between the effects of different, but comparable schools. (What I mean here is that, with no other information, Harvard adds more oomph than, say, Michigan, mainly because the student body at Michigan covers a broader range of types and abilities than at Harvard. But no one is going to see a top student from Michigan as necessarily inferior to any Harvard graduate, top, middle, or bottom, nor should they.) </p>
<p>One of my kids is a great example of this. She went to a college with a good brand name, but not HYPS, and she did fine there but nowhere near Phi Beta Kappa. She has an amazing great job, for which she beat out numerous applicants from HYP and other Ivy League schools, most of whom had post-college experience similar to hers. Her employer is plenty snobby; almost everyone there has prestige degrees, and the CEO is a former Ivy president and provost. She knows that the brand name on her diploma was necessary to getting her hired, but it wasn’t anything near sufficient. It didn’t matter at all that her diploma had two or three ticks of prestige less than someone else’s diploma. Once the pool had been culled down by looking at experience and undergraduate degrees, the final choices were based entirely on other, more personal factors.</p>
<p>Also, you should know that what names confer prestige differs somewhat from industry to industry. In the world of high-tech hardware, Carnegie-Mellon and UIUC may carry as much heft as Harvard or MIT. Anywhere outside of the (north) East Coast, the local state flagship, and maybe the flagship next door, is as good as an Ivy.</p>
<p>This is NOT an attack on Harvard, by the way. Not at all. In general, I am a huge fan of Harvard. I have tons of relatives who went there. My parents raised me to go to Harvard; they sang me Harvard songs when I was a baby. I turned down Harvard admission offers twice, and both were good decisions for me and worked out really well, but I never thought Harvard was anything but great. I don’t blame anyone for wanting to go to Harvard. I do blame them sometimes for overvaluing what Harvard means.</p>