Does attending Harvard guarantee wealth?

By Maxine Seya

Does attending Harvard guarantee wealth?

– Byron, a professional in Marina, CA

Harvard attendees might be well-respected because of how hard it is to even get accepted, but there’s no guarantee they’ll be wealthy.

No one is protected from the common financial disasters of life — economic downturns, divorces, high medical bills from an unexpected illness, etc. — even if they have a Harvard degree. And no one is guaranteed to know how to prove their value to their world and get paid accordingly — even with a Harvard degree. No one has psychic powers to time the stock market, real estate market, or predict winning lottery numbers — even with a Harvard degree.

There’s a Yale grad who, in his 60s, found himself broke and jobless. The only job he could get was serving coffee at Starbucks. He wrote a book and shared his best lessons. Save some time & read our summary.

Wealth can come from a variety of places: saving and investing, owning successful businesses, marrying rich, having a trust fund, an inheritance, pure luck, generational social class, etc. But none of these require a Harvard degree — nor does a Harvard degree guarantee one will succeed in those arenas.

My doctor’s daughter got into Harvard and studied sociology. Years after she graduated, doc told me she was still looking for a job and had moved to Asia to make ends meet.

The Harvard grad’s brother, however, had attended a lesser-known public school and got a job working for the filmmaker George Lucas. A few years into the job, the son was working 3 days a week creating special effects for big films, working from his laptop in hotels and coffee shops around the world, wining and dining with A-list film directors.

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Maxine Seya
Maxine Seya is a former investigative journalist, college consultant, and admissions interviewer. She studied at Peking University (Beijing, China) and Université Paul-Valéry (Montpellier, France) and investigated for CNN and Huffington Post before graduating from Northwestern University. She founded SocratesPost to share the human stories behind the admission gates and offer parents clarity as they help their teens with college.