College ROI from Georgetown (Net Present Value)

It really depends on what field of study you are going into.  An English degree from Harvard is gonna be less ROI than an engineering degree from State U etc etc

My older son went to Georgetown for grad school.  Part of the appeal was the connections, which proved more than true.  He now has a great job and is doing very well for himself.

There is no “one size fits all” for any of this stuff.  The connections that one can gain from attending an elite university is hard to quantify, in part because it depends a little on personality

@3and2Fastball: Agree 100% just another reference to add to the equation.

Something is fishy with their rankings as "West Coast University" keeps coming up everywhere in my searches. Never heard of them.

Just talked to son about ROI related stuff.  He's a first year at a private equity firm getting meaningful playing time but not starting.  It's okay with him cuz 1) he says he's still learning how to hit the breaking ball but 2) there are enough pitches in his wheel house to keep him on the team.

He's not sure how much his college name mattered in his first round of interviews but he admits it didn't hurt.  After getting the interview, though, he said his offers (a few) came from places where he meshed really well with the interviewer. Duh. He said it helped that he played ball because his best interviews were with men and women who also played some kind of sport.

And has been mentioned on this site many times, it's how he does in this position that will open any future employment doors.  One avenue is business school.  With the right   references for a top b-school, the pay bump afterwards will be worth huge up front costs. However, if he can't get in to one of those it might be better for him to stick it out with his current firm and work his way up (if they still like him, which he thinks they do, for the time being anyway).

I have no idea where this kid came from. His mom and I plan ahead 5 minutes at a time.  Is his far-sightedness a rejection of our family's traditions? Or is he an alien lectroid from Planet 10, evil, pure and simple?

Even if he stays where he is a mentor may tell him to start getting his MBA part time for appearances. After I lost out for a promotion I was advised to get into an MBA program. It was my first promotion interview. I was the only legitimate candidate not in an MBA program. A year and a half later with a management certificate and two courses into an MBA I got the promotion. Then I left for a better opportunity.

I wasn’t meant for the blue suits. I was too much of a rebel. Damn blue suits eventually bought the company I left them for. So I left again. The blue suits then bought the next company I went to. I eventually started a company with two partners. I wasn’t meant to be a blue suit. Each time I walked away my parents reacted like I quit the country club.

I will say the blue suits provide great training and are a great reference.

@smokeminside posted:

I have no idea where this kid came from. His mom and I plan ahead 5 minutes at a time.  Is his far-sightedness a rejection of our family's traditions? Or is he an alien lectroid from Planet 10, evil, pure and simple?

A rare perk of the rebellious kid doing the opposite of parents

@3and2Fastball posted:

It really depends on what field of study you are going into.  An English degree from Harvard is gonna be less ROI than an engineering degree from State U etc etc

As an English major who went on to law school, I feel compelled to point out that there are a lot of potential branches on any career path--undergrad major is not the full story re: earning potential.  And not everyone wants to be an engineer (or can be, in my case).

These are interesting data though--thanks for posting, BOF.

I'd keep in mind that engineering-only or engineering-focused schools (and pharmacy schools, apparently) will do very well in this sort of ranking, because they don't turn out many grads who choose less lucrative careers like teaching or nursing. So their average and median earnings may be higher in part because of the nature of the population.  A fairer comparison would be across similar fields of study, or similar jobs.

Chico! Mi amigo! Estas viva! El beisbol ha sido muy bueno conmigo también! Las carreras inglesas se unen!

Echo de menos el dinero, pero la lectura es deliciosa! Además, ver a mis hijos jugar a la pelota es gratis!

I agree with a lot of the points presented here. Thanks for the link BOF.

One of the factors in this data and that should be considered when looking for a place to play baseball (both parents and kids) is each schools network, career service options, and the reach of that network (local, regional, national...). How that might fit what the family might want should be part of the discussion.

An example of this at a non baseball school is Syracuse. Solid school but supposedly has great network (the Orange Mafia) for not being a blue blood NE power school. Getting a Communications degree from Syracuse is WAY different than getting a Communications degree from many other more prestigious schools in the NE.

Penn State’s alumni organization is one of the largest membership organizations in the world. I’ve met Penn State grads on planes. They’re not shy about saying they went to Penn State especially if football comes up in discussion. One time on a plane I overheard what I believed to be an informal qualifying interview based on two Pend State grads meeting.

Ivy League grads tend to take care of their own. There’s a lot of value on alumni connections. But, for the most part career advancement is more about what is accomplished out of the chute than where you went. It’s out of college where the connections matter most.

Disclaimer: Biased opinion based on being hired by an older former athlete from my large university.

@used2lurk posted:

I agree with a lot of the points presented here. Thanks for the link BOF.

One of the factors in this data and that should be considered when looking for a place to play baseball (both parents and kids) is each schools network, career service options, and the reach of that network (local, regional, national...). How that might fit what the family might want should be part of the discussion.

An example of this at a non baseball school is Syracuse. Solid school but supposedly has great network (the Orange Mafia) for not being a blue blood NE power school. Getting a Communications degree from Syracuse is WAY different than getting a Communications degree from many other more prestigious schools in the NE.

Well, I will have to say my Syracuse undergrad did me well!! Great school, solid network and I did business not communications.  Opened the door for my MBA.  My MBA school has a killer network!

this thread has a very familiar feel to me   This is ground covered at some point in the last 3 years   ……

last I will note that Babson has a super high ROI rank, #8 off 30 years NPV.  Business is always high on these lists as are military schools where you don’t pay for education and interestingly pharmacy