Mithawk read David and Goliath, many studies are sited discussing the lifetime success of students who attend a less prestigious college where they are at the 99th percentile of applicants vs those at the 50th percentile at ivy league schools. Despite the ivy league students having academic performance and test scores that exceed those of the top 1 percent at other schools, the ones at the top do better. Not just in terms of hiring and income but also upward mobility and publications if they are an academic.
Chris Chabris, a psychology professor, wrote the following in a Wall Street Journal review of Gladwell's "David and Goliath"
http://www.wsj.com/articles/SB10001424052702304713704579093090254007968 One of the longest chapters addresses the question of how high-school students choose colleges. The protagonist is a woman with the pseudonym of Caroline Sacks, who was at the top of her class in high school and had loved science ever since she drew pictures of insects as a child. She was admitted to Brown University and the University of Maryland; she went to Brown, her first choice of all the colleges she visited, with the goal of a science degree.
Ms. Sacks ran into trouble early on in her science courses and hit a wall in organic chemistry. There were students in her classes who seemed to effortlessly grasp concepts she struggled with, and she got discouragingly low grades. She switched her major and looks back with regret, saying that if she'd gone to Maryland, "I'd still be in science."
In this conclusion she may be right. Mr. Gladwell reports data showing that, no matter what kind of college students attend, those who start a science major in the top third of the ability range of students at their own college (judged by their SAT scores) are much more likely to graduate with a science degree than those in the bottom third—the odds are about 55% versus 15%.
This is a classic "fish and ponds" problem. Being the Little Fish in the Big Pond can be daunting. "It's the Little Pond that maximizes your chances to do whatever you want," Mr. Gladwell concludes. Ms. Sacks should have gone to Maryland instead of Brown—she would have been a Big Fish, avoided discouraging competition and stayed in science.
This argument exemplifies one of Mr. Gladwell's stock maneuvers. We might call it "the fallacy of the unexamined premise." He starts this discussion by saying that "a science degree is just about the most valuable asset a young person can have in the modern economy." And if you would be a weak student at an elite university or a strong student at a lower-ranked school, the literature says that you are more likely to get that science degree at the lower-ranked school. Therefore you should ignore conventional wisdom and pick the lower-ranked school over the higher one.
The problems here are many: Degrees from different kinds of schools are not assets of identical value, as Mr. Gladwell baldly implies when he writes that students at Harvard University and at a mid-ranked liberal-arts college are "studying the same textbooks and wrestling with the same concepts and trying to master the same problem sets."
