U.S. President Barack Obama’s oldest daughter, Malia,
will begin studying at Harvard University in 2017.
Malia will join a long line of Presidents’children
who have studied at the elite group of universities known as Ivy League.
So what is the appeal of an Ivy League education,
and why are these schools so powerful?
Well,the Ivy League is synonymous with elitism and prestige,
and its schools are generally regarded as
some of the best in the world.
The origin of “ Ivy League ” is still a matter of debate,
但有一个说法认为 它来源于四的罗马数字 即IV
However, one theory attributes the name to the Roman numeral for four, or IV,
which represented the original four institutions.
Today,the official Ivy League
encompasses eight private universities in the Northeast United States.
Although their reputations and rankings vary,
Ivy League schools are collectively known for having high tuition, demanding curriculum,
slim acceptance rates, and enormous financial endowments.
Together, the eight schools’ endowments add up to nearly $120 billion dollars.
That’s roughly equal to the entire worth of the US state of Arkansas.
Harvard leads the pack by a large margin,
reporting a nearly $ 40 billion dollar endowment in 2015.
Of course, this only represents a university’s donated assets,
且还不包括他们本身的资产 学费收入 运动员收入
which excludes their property, tuition earnings, athletic income
and the millions of dollars they receive in federal and state grants.
That means an Ivy League school’s total worth
is much,much higher than its publicly disclosed endowment.
The majority of their donations come fromalumni.
For instance at Princeton,
nearly half of all graduates eventually give back to the university
And, because the average mid-career salary for Ivy League
is more than $100,000 a year,
these contributions are often huge sums of money,
sometimes millions of dollars.
What’s more, these institutions have a way of holding on to their money,
despite seemingly high operating costs.
They do this, is part,
by spending only about 5 percent of their annual endowment,
investing the rest right back into the school.
And unlike other private institutions, theircapital gains go untaxed.
But perhaps even more powerful than their large endowment
is their alumni.
Among them are powerful businesspeople
like Warren Buffet and Amazon founder Jeff Bezos,
as well as UN Secretary General Ban Ki Moon and 15 US Presidents.
Harvard alone has produced more than 150 nobel laureates,
more than any other American university.
This impressive pool of alumni is, in part,
what makes an Ivy League degree is so valuable.
The designation implies a level of prestige
that can lead to lucrative or otherwise successful careers.
In fact, the Department of Education reported
that the median annual income for Ivy League graduates after 10 years
is more than double that of grads from all other higher-ed institutions.
But the benefits of an Ivy League degree are not accessible to all,
or even most Americans.
Although these universities often describe themselves as melting pots,
nearly half of their students are white,
and about the same proportion come from wealthy families in the top four percent.
While this is not necessarily diverse,
it’s still a vast improvement from the Ivy
League’s long history of exclusivity.
For instance, many of these schools only started accepting women in the last few decades,
like Columbia which began accepting women in 1983.
With the power to shape the next generation of world leaders,
the Ivy League is under more pressure than ever to reconsider who they let in
and perhaps more importantly, who they leave out.
Ivy League school or not,
learning is still a complicated process— especially if you’re an overthinker.
LEARN more about the science of learning in this video by DNews.
When humans are exposed to a new task, almost our entire brain is active
and desperately trying to make sense and associations from the new input.
As we get better at that task and figure it out,
this global network activity gets pruned
to only what we need specifically for task performance.
Thanks for watching TestTube News!
Don’t forget to like and subscribe for newvideos everyday.