top | item 36629944

(no title)

FoomFries | 2 years ago

I disagree. I think that what college offers is more than an increase in salary. For hyperbole’s sake, you could use the argument of ‘my trust fund is already paying me more than your median graduate’s full-time job’ and most would roll their eyes at such a statement.

discuss

order

bell-cot|2 years ago

Try talking to someone who's worked a few decades as a Development Officer at a major university. Would they want their institution to be associated with Mr. "I will never need to actually work" Trust Fundee? Or with a real-world proven entrepreneur & business management prodigy?

dfxm12|2 years ago

FWIW, with a 42% admission rate, donor-related applicants are 7 times more likely to be admitted to Harvard than other applicants. Based on this, I would say they tend to want to be associated with people who already have money, regardless of what they may say.

light_hue_1|2 years ago

You've either never spoken to people in development or didn't understand what they do.

For one, they aren't involved in admissions at all.

Their goal is to make long term relationships so that both sides, the donors and the university get something out of it. Not to judge people based on where their money or connections come from.

lordnacho|2 years ago

Is that the choice though? It's more likely that you have to choose 100 people among 30 trust funders, 2 business prodigies, and 200 ordinary people.

jimcsharp|2 years ago

Getting money that way isn't impressive, though. But surely there's some value to someone who's, presumably, intrinsically motivated to attend for some reason. That thing everyone born on the treadmill fakes being.

ModernMech|2 years ago

> Getting money that way isn't impressive, though.

Depending on how big the trust fund is, I think you'll find it will open more doors than a summer lawncare initiative.

Eumenes|2 years ago

> ‘my trust fund is already paying me more than your median graduate’s full-time job’

that'd be a good argument too. why go to college if you have income security? go do something infinitely more interesting and fulfilling

lotsofpulp|2 years ago

The perspective changes if one is choosing to go to a school that costs $100k+, especially in debt. At that point, it becomes a business decision.