<p>There is an article in today’s DP about “IS THE PRICE OF A PENN DEGREE WORTH IT?” This is all because Forbes released a study last week (which I read) which stated that in today’s economy, the price of an Ivy education is not worth its value. Let me here from everyone who is either at an Ivy or is deciding to come to an Ivy. Do you think it’s worth it? Why?
Apparently, Forbes’ study is based on future annual incomes for individuals, but going to an Ivy shouldn’t be simply about making a higher income. So come on. I know how opinionated everyone is on here. Let’s get everyone’s insight/view…</p>
<p>An Ivy education doesn't guarantee success but if you work hard at an Ivy school, the rewards are greater there than anywhere else</p>
<p>I agree with bongo. Just getting a degree from Penn won't guarantee success, or any Ivy for that matter. If you're going to make something of your college education, and be successful, then it's worth it whatever price tag comes with it. At an Ivy, there are more opportunities available for the kids that really shine, because people know that those kids are the cream of the crop.</p>
<p>It's an experience like no other (okay, Stanford, MIT and other rich top schools are similar). That cannot be quantified.</p>
<p>just out of curiousity, did the study say how it decided this? I remember seeing something somewhere saying most CEO's of top companies werent ivy-leaguers and i bet that has something to do with how it decided this.</p>
<p>also, is the report saying undergrad isnt worth it, grad isnt worth it, or both?</p>
<p>beside, there are a lot of factors one must look at when comparing ivy grads to non-ivy grads...one is, which goes to grad school more often? or what fields do people go into?</p>
<p>i cant believe that this is a valid study because, please, the richest people in america are all college dropouts: bill gates, dell guy, starbucks guy.....(except donald trump who went to wharton)</p>
<p>It wasn't referring to CEO's. The study was based on potential or actual income. Their statistics showed that $160,000 price tag for an Ivy degree wasn't paying off later in life as that of someone who went to a public school who only had debt of less than $10,000, if any at all. I still think the study is biased. It didn't show the intangibles that come with an Ivy education. Plus, a lot of Ivy graduates do not want to go on and be CEO's. I'm a Econ major and I don't even want to be a CEO, so if they are basing it solely on future annual incomes, it's defintiely a flawed study. The only problem is, Forbes is a widely-read publication and this study may sway some talented and potential candidates from attending their dream school.</p>
<p>This particular columnist doesn't really strike my fancy.</p>
<p>i'm gonna have to read that article because it still doesnt make sense...</p>
<p>i mean...there are 3 kinds of ppl who go to ivies...1) EFC of like 50,000 and you get no aid and parents pay it all....but that's just it..parents pay it, and most people arent going to take loans out with their parents...
2) EFC mid-low and maybe get 5-15k/yr in loans, this is arguably the biggest group and might be what throws the study onto what it says
3) EFC really low and 1-5k/yr in loans...this is pretty much the same as the state grad so...?</p>
<p>i dunno, it just seems weird</p>
<p>did the study include financial aid (which all ivies give a lot of)?</p>
<p>I think a Wharton degree is unlike any other at the UG level for going into business.... it's simple</p>
<p>It wasn't a study. It was an opinion piece where one writer gave his opinion.</p>
<p>OK so #1 it depends on how much the money means to you. If you're a multi-millionaire, the extra 30k a year is worth it. If you've got a budget maybe not. </p>
<h1>2. The education at an ivy-league school (and most other top colleges) is definitely tops. It just depends on how much that is worth to you.</h1>
<h1>3. It isn't all about the education. A selective school like an ivy will very likely have an intellectual atmosphere and a bunch of really cool smart people.</h1>
<p>Anyone have the link to the article?</p>