The benefits of the Ivy League
You may have heard about the Ivy League before, but are you curious why spots in upcoming classes are so sought after and what really makes the academics served here so superb? At the end of the day, it really comes down to one word: Opportunity.
But first, let’s start with how the “Ivy League” came to be.
All 8 of the Ivy league universities, UPenn, Harvard, Princeton, Brown, Dartmouth, Yale and Columbia (with the exception of Cornell) are the oldest universities in the US, making them historic landmarks for education. It started as an athletic program in 1936. The “Ivy Group” was concerned about growing interest in college athletics, thus the Ivy League was born. The official founding date is considered 1956-57, when presidents of all universities adopted the name. It now no longer just represents the athletic league, but rather the universities as a whole.
Because of their historic roots, these universities have graduating classes dating back to the 1700s. One of the most beneficial aspects of the Ivy League, and US universities in general, is the power of the alumni network. The alumni network consists of all graduates from a particular university. Some may not understand how impactful alumni relations can mean, but it’s actually very important, especially when searching for a job post graduation.
The Ivy Leagues are renowned for their strong and welcoming alumni networks. After graduating not only are you equipped with a world-class education, but you are also now part of an elite group of graduates. Staying in touch with Ivy League graduates can have a huge impact on your life and the future of your career.
Even before graduating, students are able to tap into this network for internships that have the potential of turning into future employment opportunities. Attending an Ivy can provide you with the resources and contacts needed to get your foot-in-the-door at world-renowned companies and agencies.
Attending an Ivy League gives you access to research and studying materials crafted by the most brilliant minds. Professors in the US are well-educated and typically very passionate about particular topics and issues. These professors are encouraged and most times, expected to perform research in these topics to further the study in particular fields for the university.
This means that at Harvard or Princeton, these intellectuals are expected to generate new theories in topics students are studying, providing students with the best-of-the-best in information right at their fingertips!
A study conducted by the US Department of Education proved just how valuable an Ivy League degree is.
The study revealed that a decade after enrolling in a four-year program, the average income of a typical student is $59,124 USD a year.
Although having a college degree increases your salary, statistically, attending university in the Ivy League can increase it even more. Look at these numbers:
|University||Salary a year|
|Harvard University||$89,700 USD|
|Princeton University||$74,700 USD|
|University of Pennsylvania||$85,500 USD|
|Yale University||$83,200 USD|
|Columbia University||$83,300 USD|
|Cornell University||$77,200 USD|
|Dartmouth College||$75,500 USD|
|Brown University||$67,500 USD|
Attending an Ivy League provides you with the potential of securing you an above average salary in the future. In fact, Harvard graduates make more money after college than graduates from any other college (with the exception of MIT).
An Ivy League education can give you a head start in highly competitive fields, such as finance, law, and business consulting. Top global companies understand that the Ivies house some of the best and brightest students, so more often than not they'll cut out the middleman and hire directly from the source.
For example, UPenn is the top "feeder school" to finance companies such as Goldman Sachs, Morgan Stanley, and Citigroup.
Check out some of these impressive job statistics:
- Of the 114 Supreme Court Justices, more than half of them attended an Ivy League University. Currently, all nine justices attended law school at either Yale or Harvard.
- In CNN’s top 100 startups list, 34 of the CEOs went to Harvard.
- UPenn is the top feeder school to finance companies such as Goldman Sachs, Morgan Stanley and Citigroup.
While there are some clear benefits of an Ivy League education, it isn't the end-all-be-all. There are some fantastic univeristies throughout the US, and the world, that offer similar opportunities the Ivy League does.
Looking at studying medicine? Here's why the world's top 10 medical schools are attracting the brightest minds on the planet.
As one of the most sought-after professions in the world, medical school is a popular choice for many students considering both undergraduate and graduate study.
Colleges with the Highest Graduate Salaries in 2019 - Part II: Public Universities
While the Ivy Leagues, Stanford, MIT, UChicago, Duke and other top private schools have a reputation for reaping high returns in graduate salaries, top US public universities also have a high return on investment for their students post graduation day.