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In a recent study, we investigated how many of the wealthiest and most influential people graduated college. We studied 11,745 U.S. leaders, including CEOs, federal judges, politicians, multi-millionaires and billionaires, business leaders and the most globally powerful men and women.
We found about 94 percent of these U.S. leaders attended college, and about 50 percent attended an elite school. Though almost everyone went to college, elite school attendance varied widely. For instance, only 20.6 percent of House members and 33.8 percent of 30-millionaires attended an elite school, but over 80 percent of Forbes' most powerful people did. For whatever reason, about twice as many senators – 41 percent – as House members went to elite schools.
For comparison, based on census and college data, we estimate that only about 2 to 5 percent of all U.S. undergraduates went to one of the elite schools in our study. The people from our study attended elite schools at rates well above typical expectations.
Why waste $150,000 on an education you could get for $1.50 in late fees at the public library?
(Score: 0) by Anonymous Coward on Friday April 21 2017, @11:05AM
Life is too short and irritating to waste gobs of resources taking a chance on someone I don't know.
There's nothing insidious about relying on social networks to get shit done—that's what allowed man to dominate the planet Earth.
Why do you think crap like LinkedIn exists? People instinctively turn to the one heuristic that works really well: The Social Network.
This is exactly why society must return to the apprenticeship model: Education cannot be separated from experience; education cannot be separated from productive work; education cannot be separated from one's social network. You must build not only your knowledge and your skills, but also your social network.