Harvard University Produces Wealthy Alumni

It’s college admissions time for rising seniors and I am now hearing from parents, high school guidance counselors and independent educational counselors state that it doesn’t matter where you attend college, as long as where you attend is a “good fit”.

Based on the fact that we live in a capitalistic and democratic society where money, prestige, status and brand matter, I disagree with this opinion. I published two blogs on this subject two years ago.  Does It Really Matter Where You Attend College? Absolutely! (2017)  Intellectual Wealth and Education (2017)

According to The University Ultra High Net Worth Alumni Rankings 2019, a recent study by Wealth-X, a leading global wealth information, research-intelligence and insight firm that tracks global wealth, there is a direct relationship between where you attended college and wealth. The study is based on research on wealth estimated wealth of (Ultra-High-Net-Worth (UHNW) alumni by alma mater.

Six out of eight Ivy League universities were featured in the top 20 list of U.S. universities for UHNW alumni. Each of the top 20 global universities on the ranking had at least 2,000 UHNW alumni, and the top five had more than 3,000. Ultra-high-net-worth is defined by Wealth-X as those with a net worth of greater than $30 million.

According to the most recent rankings, Harvard has more than 13,650 estimated UHNW alumni worth $4.769 trillion.


“Admissions is a competitive sport!  Why gamble with uncertainty?” – Dr. Paul Lowe

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Dr. Paul Reginald Lowe, founder and managing director of Pinnacle Educational Center Admissions Advisors Group, provides comprehensive counseling advice, exclusively for admissions to top private schools; Ivy League and highly-selective colleges/universities; BS/MD programs; graduate and medical schools and top visual and performing arts programs.   The admissions affiliate: Ivy League Admissions Advisors specializes in admissions to Ivy League and highly selective colleges,  Dr. Lowe also specializes in helping students who have been wait-listed, deferred or rejected gain admission into their top-choice schools: College Application Rejected. and student who wish to transfer to another college:  College Transfer Admissions Advisors.

Colleges with the Biggest Endowments

A colleges endowment is intended to support current and future generations of their scholars with the resources needed to advance knowledge, research, and innovation. As such, endowment funds are used for the school’s normal operations and activities, including education, research, campus renewal, faculty work, and student financial aid.

Here are the biggest endowments (as reported by each college – fiscal year ending on June 30, 2017):

  • Harvard – $37.1 Billion
  • Yale – $27.2 Billion
  • Stanford – $24.8 Billion
  • Princeton – $23.8 Billion
  • M.I.T. – $14.8 Billion
  • U Penn – $12.2 Billion

A published research paper: “Why University Endowments Are Large And Risky” by Professors Thomas Gilbert and Christopher Hrdlicka of Washington University’s Foster School of Business, shows that over the past 30 years, universities have chased higher returns on their endowments, leading them to take greater risks. More than 75% of assets in university endowments are now in risky investments, including but not limited to: equities, hedge funds, venture capital, private equity, non-campus real estate, natural resources and distressed debt.


Dr. Paul Reginald Lowe is the managing director of Pinnacle Educational Center Admissions Advisors Group network. He and his team of admissions advisors, through the admissions affiliate, Ivy League Admissions Advisors help students gain admissions to Ivy League and high selective colleges and universities.

Does It Matter Where You Attend College? Absolutely!

Does it matter where you attend college

I often hear from parents, students, high school guidance counselors and even fellow educational consultants that it doesn’t matter where you attend college, as long as where you attend is a “good fit”.  Actually studies show it does matter where you attend college! My recommendation to my U.S. as well as international clients is that one should attend the “best” school possible where you will happy and have a great and memorable college experience.

Obviously, there are many people who are happy, quite successful and have had wonderful college experiences without attending Ivy League or highly competitive colleges.  However, in this tight job market, recent college graduates increasingly find that higher paying jobs are very selective.  While attending an Ivy League or selective college may not guarantee financial success or happiness, to buyers of talent (HR professionals, employers, personnel departments) it certainly does matter.  One of the first questions they consider while perusing a job applicant’s resume: where did you attend school?

  1. A study in the journal, Research in Social Stratification and Mobility, confirms parental suspicions that the best route to a top job is to attend an Ivy League school. According to Dr. Lauren Rivera, the author of the study, “Elite professional service employers rely more on academic pedigree more than any other factor.  Where you went to school rather than what you did there makes the difference”.
  2. PayScale Inc., an online provider of global compensation data, in a survey demonstrated that an Ivy League diploma is still worth its price of admission and tuition. “An Ivy League education makes a job candidate stand out, even before a recruiter talks to them!  The median starting salary for Ivy Leaguers is 32% higher than that of liberal-arts college graduates and at 10 or more years into graduates’ working lives, the spread is 34%.”
  3. Robert H. Frank, an economics professor at the Johnson Graduate School of Management at Cornell University, stated: “Because of the bitter competition for premium salaries, elite educational credentials are often a precondition for even landing a job interview.  Degrees from elite schools clearly open doors.”
  4. In The Economist that there is a direct correlation between education, the inheritance of privilege and class. According to an extensive report in The Economist: “For those at the top of the pile, moving straight from the best universities into the best jobs. the potential rewards are greater.”
  5. Top 20 universities producing billionaires is dominated by blue-chip, elite U.S. institutions.  Billionaires are likely to have attended some of the traditionally most prestigious universities.  Top universities have become the place where “global players gather”.  Educational insights from an annual profile of the uber-rich – Wealth-X and UBS Billionaire Census.

Let’s face it.  We live in a competitive, meritocratic and global society where brand, image, prestige and reputation certainly matter.  The answer to the question: does it matter where you attend school, then, is rhetorical.  Still believe it doesn’t matter? Just ask the record number of students (an estimated 30,000) who apply every year to each Ivy League school where the rejection rates can exceed 90% for these colleges.


Dr. Paul Reginald Lowe is the managing director of Pinnacle Educational Center Admissions Advisors Group network. He and his team of admissions advisors, through the admissions affiliate, Ivy League Admissions Advisors help students gain admissions to Ivy League and high selective colleges and universities. 

Intellectual Wealth and Education

Intellectual wealth and education

When people hear the word “wealth” they think of finances, economics of dollars, pounds, gold, etc. or making money. These are actually the materialization of what is seldom discussed: Intellectual Wealth.  What is Intellectual Wealth? What does it have to do with education and wealth?

Intellectual Wealth results from the acquisition of intellectual capital. Specifically, intellectual wealth results from obtaining knowledge, multiple intelligences and education. Intellectual wealth is not passive; it is very active.  Education is a critical component of intellectual wealth, especially in the global economy.

According to Wealth X, a leading global wealth information and insight firm, more and more international students are applying to elite and prestigious private day and boarding schools, as well as Ivy League undergraduate and graduate school programs. Affluent international parents consider the education of their children as their premier investment.  To international parents, a superior education and a pedigree degree for their child, is worth more than real estate or luxury items.  Education has become the new global currency and path to wealth.


Dr. Paul Reginald Lowe is the managing director and lead admissions expert at Pinnacle Educational Center Admissions Advisors Group. Dr. Lowe specializes in providing exclusive concierge-type admissions advisory services for U.S. and international families and students who are interested in applying to Ivy League and highly selective colleges and combined BS/MD programs. Dr. Lowe also helps students gain admissions into their top choice private schools and colleges after they have been deferred, wait-listed and rejected.

As an experienced and trusted admissions advisor for over 20 years, Dr. Paul R. Lowe is an active member of the following organizations that uphold the ethical and professional standards and principles of good admission practices in college and independent school counseling: Higher Education Consultants Association (HECA), National Association for College Admissions Counseling (NACAC), New Jersey Association for College Admission Counseling (NJACAC), New York State Association for College Admissions Counseling (NYSACAC) and International Association for College Admissions Counseling (IACAC).