Why College and Traditional IQ Measures Barely Matter
Great paragraph from Rich Karlgaard, which will be relevant to proponents of the College Bubble thesis such as Glenn Reynolds, Chris Bowyer, and others — how little college matters during most of your career. This rings true to me. I bet a very small percentage of people I’ve worked for, and consult with now, know where I went to college and what I studied. (Duquesne University, Classics; then transferred to Robert Morris University, B.A. in Accounting; then a short stint in Reformed Presbyterian Theological Seminary.) College helps get you your first job, but generally, it’s your first job (not college) which helps you get your second job.
“While discussing smarts, CEO Tom Georgens of NetApp NTAP -0.77%, the $6.3 billion data storage company, made a very interesting observation: “I know this irritates a lot of people, but once someone is at a certain point in his or her career–and it’s not that far out, maybe five years–all the grades and academic credentials in the world don’t mean anything anymore. It’s all about accomplishment from that point on.” About his own hires, Georgens offered, “I don’t even know where some members of my staff went to college or what they studied.” To him and other CEOs, at a certain point it just doesn’t matter anymore.”