Tag

Elite Colleges

All articles tagged with #elite colleges

business5 months ago

Palantir CEO Criticizes Elite Colleges, Promotes New Credential

Palantir CEO Alex Karp criticized elite colleges during an earnings call, emphasizing that the company values skills and experience over traditional educational backgrounds, and highlighted its efforts to recruit talent through initiatives like the Meritocracy Fellowship. He also noted that people without college degrees are creating significant value using Palantir's products, and claimed that working at Palantir is a strong career credential. The company reported over $1 billion in revenue this quarter.

education1 year ago

"Private New England Universities Hit $95,000 Price Tag for College"

Several private colleges in the United States are setting their annual costs for tuition, board, meals, and other expenses at over $90,000, with some reaching as high as $95,000. However, many of these institutions offer generous financial aid, making attendance more affordable for lower-income families. The rollout of a new U.S. Department of Education online form for federal aid has been plagued by delays and glitches, causing anxiety for prospective students. Despite the high costs, experts believe that college can still be a good investment if students borrow in moderation and complete their studies.

education1 year ago

"Billionaire Ken Griffin Halts Harvard Donations, Criticizes 'Whiny Snowflakes'"

Billionaire Ken Griffin announced that he will cease donations to Harvard University, criticizing current students as "whiny snowflakes" overly focused on politics. Griffin, a Harvard graduate and major donor, expressed concern that elite universities are straying from their role as educators of future leaders. His decision follows similar actions by other major donors, including a pause in donations over allegations of allowing antisemitism to persist on campus.

education2 years ago

The Privileged Path to Elite College Admissions

A new study by Opportunity Insights, a group of economists based at Harvard, reveals that being very rich is its own qualification for admission to elite colleges. The study analyzed admissions records, standardized test scores, and internal admissions assessments from a dozen top colleges, including Ivy League universities and Stanford. It found that even when controlling for SAT scores and other factors, applicants from the top 1 percent of income were 34 percent more likely to be admitted than the average applicant. Legacy admissions, preference for recruited athletes, and higher nonacademic ratings for students from private schools were identified as factors contributing to the advantage of wealthy applicants. The study highlights how elite colleges perpetuate wealth and opportunity inequality and raises questions about diversifying admissions to promote socioeconomic diversity.