<p>Think of creating tiers for regular household products.</p>
<p>Higher education is a highly profitable commodity and should be considered so.</p>
<p>Can you put the different types of car models into different tiers of quality?</p>
<p>I certainly can. Does that mean any car that ranked below a Bugatti, Ferrari, Maybach, Koenigsegg, Pagani, Porsche, Rolls Royce, Lamborghini, Aston Martin are toilet cars?</p>
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certainly can. Does that mean any car that ranked below a Bugatti, Ferrari, Maybach, Koenigsegg, Pagani, Porsche, Rolls Royce, Lamborghini, Aston Martin are toilet cars?
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<p>And the average person has most likely only heard of Porsche, Rolls Royce and Ferrari from the above list - maybe Aston Martin if they watch a lot of Bond. So, ergo, those things are "prestigious" and therefore "the best." @@</p>
<p>Totally agree with Pizzagirl. Porsche, Rolls Royce, Ferrari, and Aston Martin are like HYPSM, while Maybach, Bugatti, Koenigsegg, Pagani, etc. are like Caltech, Dartmouth, Duke, Columbia, etc.</p>
<p>"I'm pretty sure the i-banking is the job that one has to resort to if one cannot secure a better paying job. 120 hours a week for an abysmal salary that doesn't accumulate into anything meaningful until decades later."</p>
<p>This is vastly uninformed in the opposite direction. IB jobs are certainly highly coveted by college seniors. If you think a $110K salary the first year out of school is abysmal, you're going to be disappointed by any job other than professional athlete. Average hours are more like 70-90 per week, but are very inconsistent. Only about 10% of people who go into IB at age 22 are still in it at age 26 as most going into it because of the opportunities that it leads to immediately next within a few years - a far cry from "that doesn't accumulate into anything meaningful until decades later."</p>
<p>LOL! DH and I love reading threads like this for fun. He is CEO of a large corporation and went to a "shameful" mid-range state school and tiny LAC for his MBA. Gotta love it! He also says he looks more for experience and personality as opposed to what school the applicant went to. He teases me all the time about my elite" degree and what it's doiong for me. ;)</p>
<p>In 2008 HYPSM was top tier. Now, it’s only Harvard, although I think next year we might have to exclude even Harvard from the top tier, as it’s quite an average school.</p>
<p>Schmaltz-
The OP asked this q 2 years ago. Its been asked and answered, in this thread and elsewhere. Not sure why someone resurrected this thread.</p>