""Now go out there and change the world.""
""I knew where everyone was going," he said in an interview with Fortune. "Everyone did. Which made it worse-we were all pretending not to see it.""
""These firms cracked the psychological code of the insecure overachiever," Van Teutem said, "and then built a self-reinforcing system.""
Graduates from elite universities increasingly choose careers in finance, consulting, and Big Tech, with McKinsey, Goldman Sachs and Clifford Chance as common destinations. Career consolidation has grown over decades: Harvard saw one in twenty graduates enter those fields in the 1970s, one in four by the 1990s, and half most recently. First-year salaries have climbed, with 40% of employed graduates accepting over $110,000 and many consulting or investment banking entrants earning above that. Prestige incentives and high pay create a self-reinforcing system that channels talented graduates into narrow, prestigious exit paths; many accept entry roles claiming a temporary foothold but ultimately remain.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]