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Huluk comments on Open thread, Jul. 18 - Jul. 24, 2016 - Less Wrong
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Sure, but the question wasn't what would get you a reasonable job. The question was whether graduates from top schools have "better prospects" than graduates from no-name schools and yes, they do.
The question was also if the effort is wasted. I agree that the prospects are better at a top school, but that's not the same as "don't bother".