While many believe that attending an Ivy League university opens up endless possibilities, Professor Amy Binder and UCSD graduate student Dan Davis discover there is a dark side to enrolling at Harvard and Stanford. In their current research project, they find that nearly 1/3 of all undergraduates at these universities go into just two professional fields directly upon graduation: financial services (especially investment banking) and consulting. To many this may not seem like a bad thing—these jobs offer high wages, great name recognition, and bragging rights. But students also find these jobs soul killing and meaningless and can’t wait to exit these fields. As Amy Binder writes in a recent issue of The Washington Monthly, our universities should do a better job of getting students into jobs that are meaningful to students and good for the country.
Read Professor Binder’s article: