Is my logic off?

<p>Why would someone send their son or daughter of Yale if they could send him or her to a state college probably for free(scholarship)or at a much lower price? The cost of going to Yale is $40,000 per year x 4years = $160,000.There is not much difference in the starting salaries between a ivies and state schools. For example a undergrad in education at Penn would prob earn the same as a undergrad in education at a good state school.I was accepted to UPenn but declined because I got a full scholarship to Rutgers ......But my logic might be off .Many parents give huge gifts to Ivy League schools($100,000+) to ensure their son or daughter is admitted.Why??Economically it does not seem to make sense.There must be a reason why.Is it prestige maybe?</p>

<p>It has to do with prestige, but private colleges in general have advantages over public schools, including quality of instruction, lower class sizes, and personal attention (don't get me wrong-I know that all colleges are different and I'm essentially making an unfounded generalization)</p>

<p>However, if you are speaking economically, then there is one big plus: recruitment. It is much easier to get a well-paying and good job on an Ivy campus than it is at a private school.</p>

<p>I'm currently attending one of the best universitys in GA, yes, I know, may not sound like much, but for a state university it's actually pretty good. The reason I am applying to Princeton is because I'm bored out of my mind. The classes are too easy, and I am exasperated with the people here; no one here interested in actually learning, it's all about the grade. </p>

<p>The flip side is that I'm not that hot on timed tests...So who knows, I hope it works.</p>

<p>Why can't you get the amazing education style (slightly a Thomas Jefferson type education if that means anything to anyone here) without the exclusiveness of Ivy League? :-p</p>

<p>wait are u applying to Princeton for grad or undergrad (i.e. transfer which i didint think it had)</p>

<p>Undergrad - freshmen, this is really my last year of high school, I just enrolled in GE classes to finish my senior year.</p>

<p>oh ic now that makes sense :)</p>

<p>Personally, I would rather go to a prestigious school because I have post-undergrad plans that would be greatly helped by having Yale on my resume. If IU gives me a full ride, however, I will take it. It has all the necessary resources--that's the brunt of it, I figure. Rich places have resources; CalStates not so much.</p>

<p>Well.</p>

<p>Simply attending a top school is worth something. Mingling with the best minds of your generation and all that. Likewise, you can't deny that the campuses, food etc are better at private schools with ten-figure endowments than at State U. </p>

<p>Also, you underestimate the value of an Ivy diploma. Granted, the difference is starker at the graduate level - the average lawyer in midcareer makes about $95k, while someone ONE YEAR out of Harvard or Yale Law AVERAGES about $200k salary (ignoring people who are clerking for SCOTUS and the like).
Our society sadly undervalues educators, so education majors from Princeton and Podunk probably earn nearly the same. Public elementary schools don't base their salary on where you went to college. But in more mercenary areas the difference is stark. In academic fields it's more a matter of prestige. The Princeton UG alum gets into the Harvard grad program that the Rutgers student doesn't, and goes on to be a researcher at CERN or philosoper at Swarthmore or whatever the case may be.</p>

<p>My intended major at Rutgers is Accounting. In 7-8 years(with a CPA) I could earn 70-90k plus. In in fifteen years , I could end up becoming a partner (big money) <a href="http://www.hollandcpasearch.com/survey.htm%5B/url%5D"&gt;http://www.hollandcpasearch.com/survey.htm&lt;/a>. Only Law student,Med student,Business majors and a few others in general will make the big money from a Ivy league school. Compare the Accounting majors stats to UPenn's stat for Grad students <a href="http://www.vpul.upenn.edu/careerservices/gradstud/gsas2004survey.pdf%5B/url%5D"&gt;http://www.vpul.upenn.edu/careerservices/gradstud/gsas2004survey.pdf&lt;/a>. No comparison, accounting wins. Wharton stats are non that
to impressive compared to the Accounting stats. <a href="http://www.vpul.upenn.edu/careerservices/wharton/surveys/Wharton2004Report.pdf%5B/url%5D"&gt;http://www.vpul.upenn.edu/careerservices/wharton/surveys/Wharton2004Report.pdf&lt;/a>. I understand money isnt everything, Im just make a point.</p>

<p>Rutgers can provide you a great education; many of my relatives have gone there, and loved it. However, while your logic may not be faulty, I do question your priorities.</p>

<p>College should not be just a means to an end. It is intrinsically valuable as a four year intellectual and social experience, and which school you choose has a great effect on what kind of experience that is. In fact their was a Prince article about this just today, if anyone wants to post a link to it.</p>

<p>i dont know about lawyers or business people, but I dont believe that it matters where doctors go to school, other than its easier to get admission to top meds when you go to ives. However, the fact that a doctor who goes to an ivy undergrad gets more money compared to one who doesnt should not be true.</p>

<p>Undergraduate education may not have significant effect on how good a doctor you are, but at its best, it can have an unbelievable effect on what kind of person you become. Even at its worst, a good undergrad experience provides you with four wonderful years, but I think there are few people who consider the benefits of education to end at the threshold of professional life. I sincerely hope the promise of future earning potential is not the only reason people are considering applying to Princeton, or going to college at all.</p>