[Leica] Harvard tuition

[scott at adrenaline.com (Scott McLoughlin)]

I hired kids from really good schools for a simple reason. Lots of
young adults "get religion" and start working really hard once they
get out of college and learn about, um, "home economics," let's say.
Kids that go to these really good schools started working hard much,
much earlier,  usually because they were actually *interested* in
something. Not universally applicable, just a general heuristic, etc.

Frank Filippone wrote:

>Different perspective...
>
>The reason you send your kid to Harvard, Princeton, etc. has nothing to do 
>with education.  It has to do with the perceived value
>the prestigious name that excites companies into hiring those names.  There 
>are some people that will only hire Harvard, MIT,
>Stanford, USC, and for that matter, UCLA, Berkeley, etc.  There is a major 
>company that sends out recruiters only to certain
>schools.  All of which are fancy name and high tuition.   It is a perceived 
>quality reference and, to be honest, a snob appeal
>thing.  It has nothing to do with the kid.
>
>Wear the "Ring", and you can get the job.  Be the brightest guy in your 
>class at Podunk U, and your resume may never make it past
>the HR filing cabinet.
>
>The message?  The perceived value of "The Ring" is what you are buying.  
>Your kid gets better jobs, more pay, more promotions, and
>generally is more respected ONLY because he wears the ring.  The additional 
>cost of education is offset within a few years.  Yes, it
>is expensive; Yes, it is controversial; Yes, it works.
>
>YMMV.
>
>Second different perspective......  I live in California.  Actually, we 
>have few private schools.  Not like Mass, where private
>colleges are a dime a dozen ( in quantity).  The cost of going to the State 
>Schools, when you take into account tuition, room and
>board, is around $5k to 15K less per year than private schools.  The kid 
>gets out in 4 years rather than 5, 6 or more at State
>schools due to over enrollment ( sometimes referred to as "impacted").  Do 
>the math and you may find that paying Harvard's 4 x $40K
>is not that much more than 6x $20K... and you get to " wear the Ring".
>
>Trade in your R-Whatever and your M-whatever system and get your kid "The 
>Ring".  After all, you are a parent first.
>
>Lastly... Harvard has ( or had, it makes no difference) the worlds' largest 
>endowment.  The income from that endowment is great
>enough that it would pay for the education of every Harvard graduate for 4 
>years.  They do not need the money.  They charge for "the
>Ring".
>
>Frank Filippone
>red735i@earthlink.net 
>
>
>
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>  
>

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