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☆ Billionaire Ken Griffin gives $20 million to Miami Dade College weeks after $300 million Harvard donation
▼ + stars: | 2023-04-24 | by ( Michelle Abrego | ) www.businessinsider.com time to read: +3 min

Billionaire Ken Griffin donated $20 million to Miami Dade College to launch a new scholarship. Earlier this month, Griffin gave $300 million to his alma mater Harvard University. On Saturday, the billionaire founder of hedge fund Citadel donated $20 million to Miami Dade College, one of the country's largest and most diverse schools. Earlier this month, Griffin gave $300 million to Harvard University, his Ivy League alma mater, where he has now donated more than $500 million. Schools like Miami Dade are "the on-ramp to the American Dream," said Griffin in a commencement speech to Miami Dade College graduates on Saturday afternoon.

☆ The Janes 1960s underground abortion network
▼ + stars: | 2023-04-23 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +28 min

The group was officially created in 1969 as the “Abortion Counseling Service of Women’s Liberation.”But after running ads in an underground newspaper: “Pregnant? “It wasn’t just abortion,” Barron explained. “Vacuum aspiration was much easier to do, and I think it’s less difficult for the woman,” Scott said. We had to keep the service running.”Laura Kaplan volunteered for the Janes, later immortalizing the group in her book, "The Story of Jane: The Legendary Underground Feminist Abortion Service." Each Jane was charged with 11 counts of abortion and conspiracy to commit abortion, with a possible sentence of up to 110 years in prison.

☆ Parents who raise successful kids never use these 5 toxic phrases, says Ivy League child psychologist
▼ + stars: | 2023-04-20 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +1 min

Language matters when you're talking to kids — especially in the heat of a moment. When a child is misbehaving or throwing a tantrum, it's easy to blurt out whatever you think might get them to calm down and behave. But certain common phrases could "inadvertently shame" that child and cause lasting damage to their self-esteem, says Dr. Tovah Klein, a child psychologist and author of the book "How Toddlers Thrive." "Shame can really be that toxic piece for a young child because they then carry it with them: 'I must not be very good. Here are five common phrases you should avoid, and what you can say instead, according to Klein.

☆ Parents who raise successful kids never make this mistake, says Ivy League child psychologist—it's easier said than done
▼ + stars: | 2023-04-18 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +2 min

And teaching kids to be internally motivated is easier said than done, says Dr. Tovah Klein. "Parents often think that this is linear: 'If I want my child to be motivated, I have to motivate them myself to get them there.'" When children lose sight of whether an activity or behavior itself is rewarding, it "actually works against that internal motivation," Klein says. That's why psychologists often advise parents to praise their kid's process, rather than the outcome. Kids who only want to perform well to receive praise from their parents can become adults whose only motivation for high performance is a potential raise or promotion.

☆ Hedge fund career guide: What you need to know if you want a job at an elite firm like Citadel, D.E. Shaw, or Point72
▼ + stars: | 2023-04-13 | by ( ) www.businessinsider.com time to read: +3 min

Insider has talked to a number of hedge funds to get a peek into their recruiting strategies. Sign up for our newsletter to get the latest stories in hedge funds, PE, fintech, and banking — delivered daily to your inbox. Shaw, and Bridgewater are in constant competition for the best and brightest to help them gain an edge in the cutthroat investment industry. Internships and fellowshipsThe opaque and secretive world of hedge funds might not necessarily be an obvious choice for many college graduates. Investment training programsTypically, hedge funds acquired their investment talent after a few years of working at an investment bank.

☆ Two of Ken Griffin's biggest donations sit on opposite sides of the spectrum
▼ + stars: | 2023-04-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Griffin, who founded Wall Street giants Citadel and Citadel Securities, donated $300 million to Harvard's Faculty of Arts and Sciences (FAS). However, it's interesting to see how two of his biggest contributions — DeSantis and Harvard — seem to operate on opposite ends of the spectrum. Click her to read our profile on Ken Griffin's rise to the top of Wall Street. Wall Street is drying out wells to drive up returns in California. Click here for more on the water woes created by Wall Street.

☆ This Ivy League school could earn you the highest salary—and it's not Harvard or Yale
▼ + stars: | 2023-04-11 | by ( Kamaron Mcnair | ) www.cnbc.com time to read: +1 min

There are plenty of reasons to attend an Ivy League institution if you're one of the lucky students to be admitted. The University of Pennsylvania in particular reports the highest median incomes among former attendees who received federal aid. Even those who don't make it to the highest echelon of wealth may be able to expect a decent salary after attending an Ivy League school. Former Ivy League attendees who received federal aid earn a median of about $90,500 a decade after starting school, according to Department of Education (ED) data. Here's a look at all eight Ivy League schools, ranked by median earnings among federal aid recipients.

☆ Top 10 colleges to attend if you want to make a lot of money—Harvard and Yale didn't make the list
▼ + stars: | 2023-04-06 | by ( Kamaron Mcnair | ) www.cnbc.com time to read: +3 min

Former Caltech attendees earn a median income of $112,166 a decade after starting school, making them the highest earners among the nearly 900 colleges ranked. California Institute of Technology Median income 10 years after attendance: $112,166Median debt among graduates: $17,747 2. Massachusetts Institute of Technology Median income 10 years after attendance: $111,222Median debt among graduates: $13,418 3. Stevens Institute of Technology Median income 10 years after attendance: $98,159Median debt among graduates: $27,000 8. Princeton University Median income 10 years after attendance: $95,689Median debt among graduates: $10,450 It shouldn't be too surprising to see several technical colleges make the list.

☆ 'Black wealth matters': How a millennial is helping his community build wealth through education
▼ + stars: | 2023-04-05 | by ( Kamaron Mcnair | ) www.cnbc.com time to read: +7 min

Learning the tricks of the tradeMac's wake-up call to start investing came early in his undergraduate career. "That was the one thing that opened my eyes and my curiosity and made me say, 'OK, I want to start investing.'" His interest in investing and wealth management eventually led him to a career on Wall Street. Making music as the "Wall Street Rapper," Mac began fusing the worlds he'd come to know so well: Black and urban hip-hop culture with Wall Street financial know-how. Mac adopted the slogan "Black wealth matters" to bring attention to the idea that economic empowerment is a major step toward equality for Black Americans.

☆ No Ivy League degree? No problem: This Wall Street vet climbed his way up the ranks of Goldman Sachs after graduating from SUNY Albany
▼ + stars: | 2023-04-03 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +13 min

Ask anyone on Wall Street and they will tell you that Goldman Sachs is one of the top places to build a career as an investment banker. In an effort to diversify recruiting sources and its workforce, Wall Street generally has been expanding the schools from which it recruits. Still, Alfieri's experience can still prove valuable to today's Wall Street hopefuls. There he met Vincent Cisternino, who also had dreams of working on Wall Street. Having started his career during the financial crisis, his advice to today's Wall Street upstarts is to stay positive and persevere.

☆ Ambitious parents are spending hundreds of thousands on consultants to help get their kids into Ivy League schools, report says
▼ + stars: | 2023-04-01 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Parents are paying consultants up to $750,000 to help get their kids into Ivy League colleges. The six-figure outlay to get their kids into college adds to the increasingly prohibitive cost of attending those institutions. Bloomberg reported that the cost of attending Ivy League schools — including tuition, accommodation, and fees — was pushing $90,000 a year, with four years of attendance potentially costing more than $300,000. Consultants told the outlet that the increasing exclusivity of Ivy League attendance may work as its own status symbol for some parents, encouraging a bigger outlay on preparation. While its generally accepted that Ivy League graduates have higher earning potential than their peers, it seems that Americans are increasingly discounting the value of having a college degree at all.

☆ On 'Ivy Day,' college hopefuls hear from Harvard, Princeton — but here's the school more students want to attend
▼ + stars: | 2023-03-30 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

watch nowMarch 30 is "Ivy Day," when many Ivy League schools release those long-awaited admissions decisions. The colleges that ranked the highest on students' wish lists are "perennial favorites," according to Robert Franek, The Princeton Review's editor-in-chief. They are also among the most competitive: MIT's acceptance rate is just under 4%; at Harvard, it's about 3%. Coming out of the pandemic, a small group of universities, including many in the Ivy League, have experienced a record-breaking increase in applications this season, according to a report by the Common Application. The report found application volume jumped 30% since the 2019-20 school year, even as enrollment has slumped nationwide.

☆ Inside a shake-up at the world's 'most feared law firm'
▼ + stars: | 2023-03-30 | by ( Casey Sullivan | ) www.businessinsider.com time to read: +30 min

It's been a tumultuous period for Quinn and the storied law firm he built over the past 37 years — now the world's largest litigation firm with hourly rates that can be north of $2,000. But behind the scenes, a shift at QE has been the talk of elite law firm circles. Indeed, the firm – known as a singular, even freewheeling, institution that brands itself as the "#1 Most Feared Law Firm in the World" — may appear to be less in the image of its founder as a generational shift brings changes. "We all thought it was important that the world understands this is not a one generation law firm." One former firm partner in California says he believes Quinn's inner circle generally got better deals.

☆ Ivy League annual cost of attendance nears $90k
▼ + stars: | 2023-03-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIvy League annual cost of attendance nears $90kCNBC's Becky Quick reports on the growing tuition costs at Ivy League Schools.

☆ ‘Old Money’ Style, in This Economy?
▼ + stars: | 2023-03-25 | by ( Rory Satran | ) www.wsj.com time to read: 1 min

Prep is back—kind of. This time around, however, it’s called the “old-money aesthetic,” and it describes a complicated and divisive trend that’s been proliferating on social media. On TikTok and YouTube videos and Pinterest mood boards, slideshows cycle through aspirational images: romantic 1980s and ’90s Ralph Lauren ads full of tweed and jodhpurs; country-club tennis matches; “Great Gatsby”-ish parties filled with white dresses and tuxes; Ivy League students on the quad in V-neck sweaters and chinos; “Talented Mr. Ripley”-style sailboat siestas; and neo-prep stills from “Gossip Girl”—the headband-filled early 2000s version. Beige cashmere is suddenly as buzzy as bra tops.

☆ Ivy League child psychologist shares her No. 1 key to raising successful kids—it's not how much time you spend with them
▼ + stars: | 2023-03-22 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

But you can stop anxiously counting the hours and minutes you spend at work instead of home, says Dr. Tovah Klein. "It's always about the quality of the relationship [and] the quality of the interactions," Klein tells CNBC Make It. With that in mind, focus on building meaningful connections with your children during the time you can spend with them, Klein says. You can still work on it during particularly busy periods at work or while you're traveling, albeit in small doses. "It almost always could be said that less is more for children," Klein says.

☆ The Four Habits of Highly Effective March Madness Teams
▼ + stars: | 2023-03-20 | by ( Laine Higgins | ) www.wsj.com time to read: 1 min

Alabama may not appear to have all that much in common with Princeton. One is a major-conference power that earned the top overall seed to the 2023 NCAA men’s tournament. The other survived a dogfight in the Ivy League tournament to earn a bid hours before the brackets were revealed. As it turns out, however, the biggest underdogs and the clearest title contenders in this year’s edition of March Madness share a handful of characteristics that make them dangerous in single-elimination tournaments. They have veteran starting fives.

☆ ‘The Big Con’ Review: The Conquering Consultants
▼ + stars: | 2023-03-17 | by ( Barton Swaim | ) www.wsj.com time to read: +1 min

The big management-consulting companies practically ask to be hated. They are famously awash in money paid to them by governments and giant corporations, they are staffed and run largely by graduates of elite universities, and nobody seems to know what they do. The political left, it’s fair to say, is more ambivalent about consultancies. On the one hand, the Ivy Leaguers who do so much of these firms’ work tend strongly leftward in politics. And of course consultancies frequently contract with governments to generate exactly the sort of tidy, “data driven” solutions knowledge-class liberals and progressives find persuasive.

☆ College hopefuls have a new ultimate dream school — and it's not Harvard, Princeton or Yale
▼ + stars: | 2023-03-15 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

Most of the colleges at the very top of students' wish lists are "perennial favorites," according to Robert Franek, The Princeton Review's editor-in-chief. They are also among the most competitive: Stanford's acceptance rate is also just below 4%; at Harvard, it's about 3%. The report found application volume jumped 30% since the 2019-20 school year, even as enrollment has slumped nationwide. At that point, they must pay a non-refundable deposit to secure their seat at the school of their choice. Tuition and fees plus room and board for a four-year private college averaged $53,430 in the 2022-2023 school year; at four-year, in-state public colleges, it was $23,250, according to the College Board.

☆ Ivy League’s Agreement to Ban Athletic Scholarships Is Illegal, Lawsuit Says
▼ + stars: | 2023-03-07 | by ( Melissa Korn | ) www.wsj.com time to read: 1 min

The lawsuit was filed by current and former basketball players from Brown University. The eight schools that make up the Ivy League engage in illegal price-fixing by not awarding athletic scholarships, alleges a lawsuit filed Tuesday by current and former Brown University basketball players. While all Division I athletic programs award financial aid to selected athletes, Brown, Harvard, Yale and the other Ivies have for years agreed to provide only need-based financial aid to students, including athletes. According to the suit, that agreement violates federal antitrust law, and harms recruited athletes who otherwise could have gotten scholarships covering tuition and fees, or been eligible for reimbursement on thousands of dollars of other school-related expenses under National Collegiate Athletic Association regulations.

☆ A New York Times book critic says Ron DeSantis' memoir reads like it was 'churned out by ChatGPT'
▼ + stars: | 2023-03-01 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

The New York Times' nonfiction book critic Jennifer Szalai tore into Ron DeSantis' book on Monday. Szalai wrote that DeSantis' new book "reads like a politician's memoir churned out by ChatGPT." Szalai is a full-time book critic and writes weekly book reviews for The Times. The new DeSantis book gives readers a closer look at his life"The Courage to Be Free," a deeper look into DeSantis' life, was released on February 28. I didn't want Mickey Mouse or Donald Duck in our wedding photos," DeSantis wrote.

☆ DeSantis' new memoir skips juicy details about his life that could emerge in a presidential bid. Here's what he left out.
▼ + stars: | 2023-02-28 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +10 min

DeSantis published his first memoir, "The Courage to Be Free," on TuesdayThe book is widely viewed as laying the groundwork for a presidential run. DeSantis doesn't mention his gap year between Yale and Harvard, when he taught at the elite Darlington School. DeSantis writes extensively about his legislative victories in his book, but not about the legal battles that have ensued. DeSantis writes nothing about the January 6 attack on the Capitol to overturn the election results, nor does he address Trump's false claims about election fraud. He also, without naming Trump, writes about "the dangers of truning over the country to the likes of Dr. Anthony Fauci" during the pandemic.

☆ DeSantis saw Harvard and Yale degrees as 'scarlet letters' when running for office: book
▼ + stars: | 2023-02-27 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +4 min

DeSantis worried when running for Congress that his Ivy league degrees would work against him. He had been in the Navy after attending Yale and then Harvard Law School, and was concerned voters would be suspicious of his "elite" educational background, he wrote. "I viewed having earned degrees from Yale and Harvard Law School to be political scarlet letters as far as a GOP primary went," DeSantis wrote in the book. In his book, DeSantis credits his extensive door knocking with wife Casey DeSantis for helping him win in a crowded primary. "I am one of very few people who went through both Yale and Harvard Law School and came out more conservative than when I went in," DeSantis said.

☆ Some critics of Biden's student-loan forgiveness say the relief will help rich people the most. New data suggests the exact opposite.
▼ + stars: | 2023-02-18 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

New Education Department data suggested Biden's student-debt relief would benefit the lowest earners the most. It said that 81% of all applications received came from the bottom 80% of Congressional districts by average income. It used data from the department, along with the US Census Bureau, to make those estimates. But it's reasonable to say that Biden's relief would work as intended, targeting it to the lowest earners. Now, all eyes are on the Supreme Court to see if those borrowers will end up actually getting relief.

☆ CEO of ChatGPT maker OpenAI says AI will be 'the greatest force for economic empowerment' we've ever seen
▼ + stars: | 2023-02-15 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

The popularity of AI chatbots like ChatGPT has people concerned that AI may steal their jobs. Sam Altman, the CEO of OpenAI, the company that made ChatGPT. Altman says he thinks AI will be the "greatest force for economic empowerment" we've ever seen. "I think AI is going to be the greatest force for economic empowerment and a lot of people getting rich we have ever seen," Altman said in a tweet on Monday. In an interview last month with StrictlyVC's Connie Loizos, Altman was similarly asked for his predictions on the future of AI.

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