John Adams, George W. Bush, George H.W. Bush, Gerald Ford, John F. Kennedy, Franklin D. Roosevelt, William Howard Taft, Rutherford B. Hayes, William Henry Harrison, John Quincy Adams, James Madison, Theodore Roosevelt, Bill Clinton, Woodrow Wilson, Barack Obama all have two things in common: being president of the United States and graduating from an Ivy League University (Westbrook). That makes 15 presidents who attended an Ivy League school. While Ivy League schools have produced multiple presidents, public in-state and private universities should not be overlooked.
In-state public universities, the most common and usually the cheapest of the three types of colleges, …show more content…
have their fair share of advantages. In-state public universities are generally the largest universities; thus, they will have a larger network of alumni, more majors, and usually newer/larger buildings. Most of their money is spent on updating these buildings in an attempt to attract more students than competing public schools (Ekman). The larger range of majors allows a student to easily switch majors without switching schools. Also employers have become more interested in students` work ethic, personality, and what they did with their education, rather than where they got their education (Koba). In-state public universities tend to offer the cheapest education because they are funded by the state, and the state gets their money from taxes paid by the state`s residents, so students whose parents pay taxes for the state will only have to pay the in-state tuition price (Isreal). In-state universities are closer to home; consequently, the cost and time spent travelling to and from home will be less.
In-state public universities also present numerous problems along with their advantages. In-state public universities prioritize in building new buildings over giving out scholarships to their students; thus, the “sticker” price, or the price without any scholarships, is usually the price an in-state public university student will pay, unlike in private universities which prioritize raising money and giving out scholarships over the construction of new buildings (Ekman). In-state public universities also have lower graduation rates compared to private universities, and this can be partially attributed to the lack of one-on-one interaction between a student and teacher due overproportioned student-teacher ratio. The larger size of in-state public university can make a student feel less important in the sea of other student. From a standpoint of a potential employer, a degree from an in-state public university does not make a student stand-out compared to a student from an Ivy League school; in addition; in-state public universities do not usually have the prestigious alumni and professors that an Ivy League school has (“Are Ivy League Colleges Worth the Money?”).
Private universities have higher tuition prices, are smaller, and generally have higher graduation rates compared to in-state public universities. Private universities care more about raising money and giving out scholarships than constructing new buildings which allows the actual price of attending the university to decrease for students. The average amount of debt from private universities is only $28,000, and 28% of students have no debt whatsoever. Along with offering more scholarship money, private universities also have a higher graduation rate, which can be accredited with smaller class sizes causing students to be more involved and receive more attention from the teachers (Ekman). The small class sizes force students to interact more with their peers creating tight networks between students, which can prove useful to a student in his or her future career (Belkin). Students will also experience a larger demographic in the student body because private universities, unlike in-state universities, do not offer discounted prices for in-state student, so students are not given a money incentive to attend the private universities in their respective state. Students can attend any private university and pay the same “sticker” price as every other student; thus, private universities become more diverse than in-state public universities, which helps students prepare for future careers where they will interact with many types of people from all around the country.
Ivy League schools, the revered grounds of universities, are the third type of college. Ivy League schools have been the pinnacle of colleges, since colleges where founded, and they still are today to some extent. Ivy League schools ensure a student will have a great paying job after college. For example, the lowest median starting salary in all the Ivy League schools is Brown University with $49,400 a year, and the lowest mid-life median salary is $99,700 from Columbia University (Koba). The Ivy League schools have almost guaranteed jobs and great payment for a lifetime. The colleges will make any job candidate standout from the rest because Ivy League schools are engraved in everybody`s mind as being the best college. In Ivy League schools a student is surrounded by other high achieving and ambitious students, as well as professors and prestigious alumni who can give advice, support, and information a student would not otherwise get (Goldman). Of the 12 schools in the country that have produced at least four CEO`s of Fortune 500 companies, five of them are from the Ivy League and the rest are private universities, yet these five Ivy League schools have produced more total Fortune 500 CEO`s than the seven private universities. Harvard tops the chart with 25 Fortune 500 CEOs, which is more than double the number of CEOs for the second place college: Stanford University (“Most Fortune 500 CEO Graduates”). Ivy League schools are not oblivious to the prices of their schools either. Students whose parents make less than $60,000 a year will pay nothing for their education at Harvard and Yale. At Dartmouth, if the parents make less than $75,000 a year, the student will pay nothing for their education, and at Princeton grants are offered instead of loans causing every student to graduate debt-free; however, the money supplied is completely need-based, so students with parents that have higher incomes will receive little to no money from the Ivy League colleges (Roos). Ivy League schools can provide the best resources to prepare a graduate for the road ahead of them, and the Ivy League Universities are affordable for low-income families.
Ivy League schools, like all the other schools, also have many disadvantages that will make a high school graduate have second thoughts. According to Dr. Mel Schiavellia, president of Harrisburg University of Science and Technology in Pennsylvania, “Yale does not have an accounting program that equals the [accounting program at the] University of Maryland.” So the salaries at some in-state public universities will be similar to those at an Ivy League; in addition, most employers now favor a student`s work ethic, personality, and what they did in college over where he or she got his or her education (Koba). Ivy League schools do offer an outstanding education with many connections between employers, fellow graduates, and alumni; however, these all come at a price, and unless a student can receive grants and/or scholarships he or she will have tremendous amounts of debt to payoff, for the average cost to attend an Ivy League school is $56,000 a year (Koba). Eileen Torrez, a Harvard graduate, talks about her experience at the university. She reiterates that the stress of the coursework and the stress to prove why you got into the college is monumental at the university. She writes about how she at one point in college had broken down and stayed locked up in her room. In addition to her story, she includes that the attempted suicide rates are twice as high at Harvard compared to the national rate, and 35% of Princeton students developed a mental health issue due to the difficulty of the coursework. In an article by William Deresiewicz, who is part of the Yale admission committee, it stated that any student who has gotten into the Ivy League schools has never really faced failure. He adds that in order to get into the high-level colleges the students must have been successful; consequently, when the students are in college, they will not know how to handle themselves when they fail or are not successful. Students, who make it into Ivy League schools, are most likely in the top 10% of their class at their school, causing there to be immense competition between students when they reach college, which can be both good and bad: good because it pushes students, and bad because it can push students too far (Deresiewicz). The competition is not only between the students, but also between the Ivy League schools, for every Ivy League school wants to be the “best” school in the nation; thus, the Ivy League schools can have unnecessary competition between one another. This is all, of course, if a student can get accepted into one of the Ivy League schools in the first place.
The three different classification of universities are each unique in their own aspects; however, it is up to the student on which aspect he or she values most.
Public in-state universities have the lowest prices and are the largest universities. The prices allow a student to have less debt out of college; however, a student may not get paid as much as he or she would with a degree from an Ivy league schools; however, the fortune 500 CEOs and presidents produced by Ivy League schools account for less than 0.000006% of the United States` population. The in-state public universities are also the largest allowing a student to have access to more majors than a student would have at a private university or Ivy League school. In-state public universities also generally have new buildings. Private universities usually are smaller, have higher graduation rates, are more expensive, give out more scholarship money, and have smaller class sizes. The “sticker” price for private universities can be the same, below, and higher than the “sticker” price of an Ivy League university; furthermore, both are usually more willing to give out financial aid and/or scholarships than in-state public universities. Private universities are smaller, thus allowing a student to have more face-to-face interactions with his or her teacher, than one would receive at an in-state public university, where classes can have over 200 students. The higher graduation rates are partially due to the smaller class sizes, for a student is more connected to the school with smaller classes because he or she is able to interact more in class. Ivy League universities usually have higher prices, are willing to pay for a student`s tuition depending on income the student`s parent, have world renown alumni and professors, and they have top class facilities. Ivy League schools are all private universities, so all of their prices are more than the state funded in-state public universities. The world-renown alumni and
professors from Ivy League schools can offer exclusive opinions and advice to graduates. The graduates all stand out from graduates from other schools; thus, the graduates from Ivy League schools do not usually have any trouble finding a well-paying job right out of college. Ivy League also has the lowest percent of acceptance. Ivy League schools, most of which are older than the United States itself, have produces numerous successful and prestigious alumni since their opening; however, while the Ivy League universities do provide prestigious degrees, they also provide colossal amounts of stress and anxiety (Torrez).
Ivy League, public, and private universities all bring unique advantages that each will benefit a student, but it is a student`s decision on which advantages that he or she values most.