Is MIT as hard as everyone says?

It is extremely challenging and rewarding at the same time. Practically 99.9\% of student that get admitted are top of the class in high school. At MIT, 50\% of them find themselves below average—which now is a much higher bar to surpass. MIT is also college time, and you learn to become independent.

Do rich people go to MIT?

Massachusetts Institute of Technology. The median family income of a student from M.I.T. is $137,400, and 61\% come from the top 20 percent. About 3.4\% of students at M.I.T. came from a poor family but became a rich adult.

Do normal people go to MIT?

Yes, there are “average” people at MIT, at least in the context that I think you’re referring to. I was not an “average” student. I was considered one of the “smart ones” but I had no work ethic (wish I could go back and change that, but oh well).

How many billionaires are from MIT?

38 billionaire alumni
Stanford produced 74 billionaires, MIT has 38 billionaire alumni and Yale has produced 31 billionaires. The average net worth of Stanford’s billionaire alumni is the highest, the report added.

What are some of the biggest misconceptions about life?

The biggest misconception about life is that it is a stack of achievements, like a staircase. And you keep climbing to the top. People always worry about things not falling in place, or what they would be in a few years. In reality, life is a free-flowing collection of experiences.

What are some of the most common misconceptions about economics?

Students often come to the course with misconceptions about economics. Many of them, for instance, think economics is just about money. That’s not true. It’s about decision-making—how people make decisions and how individual decisions aggregate up to collective outcomes that are often very different from what people are individually seeking.

What are some of the biggest misconceptions about human resources?

Based on my experience, I think one of the biggest misconceptions regarding Human Resources is that we are Administrators, and as such we don’t contribute to the bottom line of the company. I wholeheartedly disagree with that notion! While at one time Human Resources DID perform a lot of administrative tasks, HR has definitely evolved.