Comments on: Survey Says: Get 1,300 on Your SAT’s and a 3.9 GPA And You’re Set For Life! http://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/ Slicing Through Money's Mysteries Thu, 29 Jul 2010 19:52:22 +0000 hourly 1 http://wordpress.org/?v=3.0 By: adminhttp://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/comment-page-1/#comment-2408 admin Sun, 29 Nov 2009 02:49:31 +0000 http://www.financialsamurai.com/?p=37#comment-2408 Matt - Sounds good. VA Tech is an excellent Engineering school, and I'm a big Hokies fan! Much better than the Cavaliers at least! Matt – Sounds good. VA Tech is an excellent Engineering school, and I’m a big Hokies fan! Much better than the Cavaliers at least!

]]> By: Matt SFhttp://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/comment-page-1/#comment-2407 Matt SF Sun, 29 Nov 2009 02:33:14 +0000 http://www.financialsamurai.com/?p=37#comment-2407 Pretty good graphic. Most of the big earners that I've known were engineers with a MBA or been in the business long enough to network with the major corporations, so this gels nicely with real world data. I'm with you on the 3.9 from San Jose State versus 2.5 from Berkeley. I've landed some pretty high profile internships and jobs alongside students from MIT and such... wasn't all that impressed. Their education was just as good as mine (from Virginia Tech - another engineering school), but it all depends on how much you're willing to put into it. .-= Matt SF´s last blog ..<a href="http://feedproxy.google.com/~r/SteadfastFinances/~3/iHQfqzRemW0/" rel="nofollow">Restaurant Meals You Can Make at Home with Leftover Turkey</a> =-. Pretty good graphic. Most of the big earners that I’ve known were engineers with a MBA or been in the business long enough to network with the major corporations, so this gels nicely with real world data.

I’m with you on the 3.9 from San Jose State versus 2.5 from Berkeley. I’ve landed some pretty high profile internships and jobs alongside students from MIT and such… wasn’t all that impressed.

Their education was just as good as mine (from Virginia Tech – another engineering school), but it all depends on how much you’re willing to put into it.
Matt SF´s last blog ..Restaurant Meals You Can Make at Home with Leftover Turkey My ComLuv Profile

]]> By: Everything Is Relative Superstar - Being Happy With What You Have | Financial Samuraihttp://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/comment-page-1/#comment-2181 Everything Is Relative Superstar - Being Happy With What You Have | Financial Samurai Sat, 21 Nov 2009 03:31:51 +0000 http://www.financialsamurai.com/?p=37#comment-2181 [...] “Survey Says: Get 1,300 On Your SATs and a 3.9 GP & You’re Set For Life!“ [...] [...] “Survey Says: Get 1,300 On Your SATs and a 3.9 GP & You’re Set For Life!“ [...]

]]> By: And The First $1,000 MBA Giveaway Winner Is……….. | Financial Samuraihttp://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/comment-page-1/#comment-1462 And The First $1,000 MBA Giveaway Winner Is……….. | Financial Samurai Sat, 31 Oct 2009 14:36:26 +0000 http://www.financialsamurai.com/?p=37#comment-1462 [...] “Survey Says: Get A 3.9 GPA and 1,300 On Your SAT’s And You’re Set For Life” [...] [...] “Survey Says: Get A 3.9 GPA and 1,300 On Your SAT’s And You’re Set For Life” [...]

]]> By: Financial Samurai $1,000 Giveaway And A Chance To Make Millions Over Your Career! | Financial Samuraihttp://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/comment-page-1/#comment-1194 Financial Samurai $1,000 Giveaway And A Chance To Make Millions Over Your Career! | Financial Samurai Mon, 26 Oct 2009 21:30:32 +0000 http://www.financialsamurai.com/?p=37#comment-1194 [...] “Get A 3.9 GPA and 1,300 On Your SAT’s And You’re Set For Life!” [...] [...] “Get A 3.9 GPA and 1,300 On Your SAT’s And You’re Set For Life!” [...]

]]> By: Ouch Sam Bradford & New College Academic Polls | Financial Samuraihttp://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/comment-page-1/#comment-338 Ouch Sam Bradford & New College Academic Polls | Financial Samurai Mon, 07 Sep 2009 02:17:24 +0000 http://www.financialsamurai.com/?p=37#comment-338 [...] Related post: “Survey Says: Get 1,300 On Your SATs & A 3.9 GPA And You’re Set for Life!” [...] [...] Related post: “Survey Says: Get 1,300 On Your SATs & A 3.9 GPA And You’re Set for Life!” [...]

]]> By: Financial Samuraihttp://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/comment-page-1/#comment-76 Financial Samurai Sat, 25 Jul 2009 19:00:10 +0000 http://www.financialsamurai.com/?p=37#comment-76 You know what's weird... when i was in hs, you could definitely kinda tell the smarter folks from the not as smart folks. But, it was harder to tell in College, and at work, it's even harder.<br /><br />Hence, maybe it's not the prestige level of the education that really matters, so much as the GPA level and resume signs of hard work and multi-tasking. Getting into Berkeley shows you did well in high school, but getting a 2.5 GPA in Berkeley shows you might not be able to handle work/life. Hence, i would likely rather hire the 3.9 GPA student from San Jose State who also worked part-time than the 2.5 GPA Berkeley student.<br /><br />Rgds,<br /><br />FS You know what's weird… when i was in hs, you could definitely kinda tell the smarter folks from the not as smart folks. But, it was harder to tell in College, and at work, it's even harder.

Hence, maybe it's not the prestige level of the education that really matters, so much as the GPA level and resume signs of hard work and multi-tasking. Getting into Berkeley shows you did well in high school, but getting a 2.5 GPA in Berkeley shows you might not be able to handle work/life. Hence, i would likely rather hire the 3.9 GPA student from San Jose State who also worked part-time than the 2.5 GPA Berkeley student.

Rgds,

FS

]]> By: Anonymoushttp://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/comment-page-1/#comment-67 Anonymous Sat, 25 Jul 2009 01:34:04 +0000 http://www.financialsamurai.com/?p=37#comment-67 I've hired college grads and definitely look at their education and GPA. When they leave their GPA off their resume I always ask as it's generally a sign they had bad grades. I have hired people with strong GPAs from good schools that ended up being difficult to work with, so grades aren't always an indicator of how strong an employee will be. But I admit I'll put a resume with a strong college on top of a resume from a party school in my interview stack. Rachel I've hired college grads and definitely look at their education and GPA. When they leave their GPA off their resume I always ask as it's generally a sign they had bad grades. I have hired people with strong GPAs from good schools that ended up being difficult to work with, so grades aren't always an indicator of how strong an employee will be. But I admit I'll put a resume with a strong college on top of a resume from a party school in my interview stack. Rachel

]]> By: Anonymoushttp://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/comment-page-1/#comment-64 Anonymous Sat, 25 Jul 2009 00:31:47 +0000 http://www.financialsamurai.com/?p=37#comment-64 I'm really afraid of losing 2 years of work experience to go full time. More and more, there are high quality schools like Berkeley, Penn, Chicago, NYU offering part-time programs. Yes, it's a pain to work and go to school, but to lose 2 years of work experience and salary is way too painful.<br /><br />Going PT is the way to go! I went to Berkeley Haas' Part-Time program and really loved it. I also got promoted during school, and was able to make a lot of money in 2006-2007..... would have been tough to go full time in and graduate in 2008!<br /><br />Lyle I'm really afraid of losing 2 years of work experience to go full time. More and more, there are high quality schools like Berkeley, Penn, Chicago, NYU offering part-time programs. Yes, it's a pain to work and go to school, but to lose 2 years of work experience and salary is way too painful.

Going PT is the way to go! I went to Berkeley Haas' Part-Time program and really loved it. I also got promoted during school, and was able to make a lot of money in 2006-2007….. would have been tough to go full time in and graduate in 2008!

Lyle

]]> By: RBhttp://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/comment-page-1/#comment-57 RB Fri, 24 Jul 2009 05:20:14 +0000 http://www.financialsamurai.com/?p=37#comment-57 Hi Anon 9:27pm, one of the best quotes I remember from a Bloomberg article discussing the difficulties of getting into private secondaries schools in NYC is, "Little Johnny goes to private school all his life, but instead of going to U Penn, he goes to Penn State." This goes along the lines of what you comment on. Must be an interesting switch. <br /><br />At the end of the day, I think parents are just so petrified their children will associate with the wrong crowd, that they are willing to spend everything they have so their children can go to private school. At the end of the day, there are bad apples on both sides. It's the kids and the parental guidance that determine whether they want to take a bite.<br /><br />Best,<br /><br />RB Hi Anon 9:27pm, one of the best quotes I remember from a Bloomberg article discussing the difficulties of getting into private secondaries schools in NYC is, "Little Johnny goes to private school all his life, but instead of going to U Penn, he goes to Penn State." This goes along the lines of what you comment on. Must be an interesting switch.

At the end of the day, I think parents are just so petrified their children will associate with the wrong crowd, that they are willing to spend everything they have so their children can go to private school. At the end of the day, there are bad apples on both sides. It's the kids and the parental guidance that determine whether they want to take a bite.

Best,

RB

]]> By: Anonymoushttp://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/comment-page-1/#comment-56 Anonymous Fri, 24 Jul 2009 04:27:16 +0000 http://www.financialsamurai.com/?p=37#comment-56 I don't understand why parents send their kids to private school and then let them enroll at state universities. Seems like a waste of money if the private school graduate decides enroll in a public state institution at the university level. I don't understand why parents send their kids to private school and then let them enroll at state universities. Seems like a waste of money if the private school graduate decides enroll in a public state institution at the university level.

]]> By: Anonymoushttp://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/comment-page-1/#comment-55 Anonymous Fri, 24 Jul 2009 01:56:22 +0000 http://www.financialsamurai.com/?p=37#comment-55 I went to public school for K-10 and private for 11-12 on scholarship and the difference was night and day, enormous actually.<br /><br />I learned way more in private school and had so many more opportunities and great prep for college.<br /><br />I got into a strong public college, good good grades and think I've done well in my career.<br /><br />Charlie I went to public school for K-10 and private for 11-12 on scholarship and the difference was night and day, enormous actually.

I learned way more in private school and had so many more opportunities and great prep for college.

I got into a strong public college, good good grades and think I've done well in my career.

Charlie

]]> By: RBhttp://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/comment-page-1/#comment-54 RB Fri, 24 Jul 2009 01:50:37 +0000 http://www.financialsamurai.com/?p=37#comment-54 Hi FB - Thanks for sharing. I read your profile that you cleared 60K in debt in 18 months while making 65k/yr. That is quite a feat! Do you mind sharing what the #1 thing is you did to pay that debt? That's about 100K gross, or 75K after tax. Did you basically just live on 15K over an 18 month period to clear that debt?<br /><br />I like the idea of working 3 months a year, and taking the rest of the year off. Sounds like a plan to me :)<br /><br />Your expense side of the equation is low, and that's great. Mine is completely opposite, but I hope to go pay off my rental prop in 8 yrs, so it'll be purely rental income.<br /><br />Thnx for sharing.<br /><br />Best,<br /><br />RB Hi FB – Thanks for sharing. I read your profile that you cleared 60K in debt in 18 months while making 65k/yr. That is quite a feat! Do you mind sharing what the #1 thing is you did to pay that debt? That's about 100K gross, or 75K after tax. Did you basically just live on 15K over an 18 month period to clear that debt?

I like the idea of working 3 months a year, and taking the rest of the year off. Sounds like a plan to me :)

Your expense side of the equation is low, and that's great. Mine is completely opposite, but I hope to go pay off my rental prop in 8 yrs, so it'll be purely rental income.

Thnx for sharing.

Best,

RB

]]> By: Fabulously Brokehttp://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/comment-page-1/#comment-53 Fabulously Broke Fri, 24 Jul 2009 00:27:44 +0000 http://www.financialsamurai.com/?p=37#comment-53 Oh and also due to the fact that my expenses are very low -- around $700/month. Oh and also due to the fact that my expenses are very low — around $700/month.

]]> By: Fabulously Brokehttp://www.financialsamurai.com/2009/07/22/survey-says-get-1300-on-your-sats-and-a-3-9-gpa-and-youre-set-for-life/comment-page-1/#comment-52 Fabulously Broke Fri, 24 Jul 2009 00:26:44 +0000 http://www.financialsamurai.com/?p=37#comment-52 Going to a prestigious business school definitely helped launch my career and get my foot into the door.. but after that? All on my own.<br /><br />I started in a public college before I went to that business school and my grades weren't stellar.. but I had started a lot of businesses when I was younger & made them relatively successful and that's what got me in.<br /><br />I graduated that bschool with $60k in debt. Cleared it in 18 months, and now I'm a freelancing IT consultant who (if I worked the whole year) could earn around an average of $200k - $250k/year<br /><br />But it all depends on IT projects & their rates -- feast or famine you know.<br /><br />It's not really money I'm after in the end. In the end, it was better for me to be able to work 3 months and take the rest of the year off if I decide to do so, due to the amount of money I earn.<br /><br />Now, during the recession, I take it easy as IT projects are only starting to take off. Going to a prestigious business school definitely helped launch my career and get my foot into the door.. but after that? All on my own.

I started in a public college before I went to that business school and my grades weren't stellar.. but I had started a lot of businesses when I was younger & made them relatively successful and that's what got me in.

I graduated that bschool with $60k in debt. Cleared it in 18 months, and now I'm a freelancing IT consultant who (if I worked the whole year) could earn around an average of $200k – $250k/year

But it all depends on IT projects & their rates — feast or famine you know.

It's not really money I'm after in the end. In the end, it was better for me to be able to work 3 months and take the rest of the year off if I decide to do so, due to the amount of money I earn.

Now, during the recession, I take it easy as IT projects are only starting to take off.

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