I remember reading about David Shaw (of D.E Shaw), and how he annually donated $1MM to each HYPS school, over a period of six years - and then some to a couple of other schools. That's like at least $24MM just to get your kids to the best schools - these are the kids you're competing against, though probably outliers in above example.
The elite school -> elite (or important) jobs pipeline is something you see in every country, and that's how it's been forever, but I think things are getting a bit better. My only concern would be that we're not getting enough "class" diversity.
Comments
I remember reading about David Shaw (of D.E Shaw), and how he annually donated $1MM to each HYPS school, over a period of six years - and then some to a couple of other schools. That's like at least $24MM just to get your kids to the best schools - these are the kids you're competing against, though probably outliers in above example.
The elite school -> elite (or important) jobs pipeline is something you see in every country, and that's how it's been forever, but I think things are getting a bit better. My only concern would be that we're not getting enough "class" diversity.
I do t think it’s as prevalent in Europe.