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Economist on "Lemon at Harvard vs Star at Penn State"

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Which life would you pick? Typical career path:

Lemon at Harvard --> work at McKinsey/Cornerston/Goldman, make $160k+ starting salary -> possibility of pulling $1m+ by age of 40.

Star at Penn State --> fresh AP at Wisconsin --> fail tenure, another 6 years at Houston --> Tenured at Houston, making $130k for the rest of life.


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