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0 pointstheRealMe3y ago0 comments

“Produced” is a pretty standard way to describe people coming from a university. But I do understand that these universities aren’t just taking in the basic elements that compose a human being and churning out titans of industry…

And about wealth attainment declining, we’re literally talking about the specific people that attained incredible amounts of wealth here… centimillionaires. Those are specifically what we’re counting. Your points about wealth attainment may hold true as an average of our whole population, but it’s specifically not the case for centimillionaires.

And both the way that I apparently unintentionally “framed” it and the way that you framed it are accurate. The people that attend these elite universities usually(not always) did come from backgrounds with a lot of “help” AND were elevated higher by attending these universities(whether that be from the connections they made or the better-than-average education). It doesn’t have to be an either/or.

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randomdata3y ago· 2 in thread

> AND were elevated higher by attending these universities(whether that be from the connections they made or the better-than-average education).

Doubtful. The data just doesn't support it. Having connections and the capability to excel in that environment saw them more likely to be accepted into these schools, maybe.

> It doesn’t have to be an either/or.

It (university) also doesn't have to have any impact. It can just be a thing off to the side that someone does as a hobby. Just because it costs money doesn't mean it produces economic value. 35% of these people likely also own some kind of exotic sports car, but is the car the reason for their position? Not likely.

theRealMeOP3y ago

> Doubtful. The data just doesn't support it. Having connections and the capability to excel in that environment saw them more likely to be accepted into these schools, maybe.

Which data doesn’t support it? The data that we’re talking about that shows that 35% of the richest people went to one of these 8 schools? Or is there some data that you have that shows similarly gifted students that come from similarly “helpful” backgrounds but went to average-or-worse universities, end up at least as wealthy as these students on average?

I get and also believe that these schools probably get more credit than what they actually provide, but I don’t agree that they provide no added value compared to average universities.

> It (university) also doesn't have to have any impact. It can just be a thing off to the side that someone does as a hobby. Just because it costs money doesn't mean it produces economic value. 35% of these people likely also own some kind of exotic sports car, but is the car the reason for their position? Not likely.

At this point I’d like to ask you if you truly think that you are furthering some understanding or if you are just trying to be “right”? I’m not sure how to respond to someone that thinks they’re making a point by saying that owning an exotic car might have the same affect on overall life productively as going to an elite university. :/

randomdata3y ago

> I’m not sure how to respond to someone that thinks they’re making a point by saying that owning an exotic car might have the same affect on overall life productively as going to an elite university. :/

You don't have to respond if you don't have the education necessary to contribute. Not every comment necessitates a response. Particularly when you think I'm trying to make some point, which would be a pretty silly thing to do. What would I gain in making a point?

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