Ivy League Loans

Jeff asks if going to an Ivy League school is worth the extra debt. Dave has a simple answer for Jeff.

QUESTION: Jeff on Twitter asks if going to an Ivy League school is worth the extra debt. Dave has a simple answer for Jeff.

ANSWER: There is no piece of research that indicates that. None. As a matter of fact, there is research that indicates the opposite. The Wall Street Journal did a thorough piece of research on “prestige universities.” They found that the vast majority of Fortune 500 companies’ CFOs, COOs and CEOs were trained at a public university or their state university.

It’s mythology that you “get ahead” as a result of that. Someone might say that you get the connections. With who, other people that are in student loan debt?