Have you all been considering the recent study
about grades versus prestige? Short version: grades are a lot more important than prestige, although the common "go to the best school you can get into" still prevails in applicants' minds.
Is this affecting where people are applying? Do you anticipate it affecting where you ultimately go? This has to be very important to us URMs since we get a boost in applications that disappears during law school...
This study is absolute crap..
Even if she had managed to get a spot at 7th ranked UC Berkeley, where the tier premiums are highest, her grades likely would have fallen into the 2.5‐2.75 range, and her salary would be 7% lower. On the other hand, if she had attended 80th ranked Rutgers, she probably could have improved her grades to land in the 3.5‐3.75 range, and earned a 13% higher salary.
No Way in the WORLD is a 2.5 berk student graduating at the top of ANY class. This stuff is nowhere near as linear as this professor makes it out to be.
That is, whether someone who finishes at the top of the class at, say, the University of Iowa, might face better career prospects than one who finishes in the middle of the class at, say, a place like Harvard.
No one really argues that graduating median at Harvard is better than graduating top 5% at Iowa.. but graduating below median at Harvard is def better than graduating below median at Iowa. In fact, graduating around the top 60-70% area at Harvard is better than graduating top 30-40% at Iowa. In conclusion, this study sucks..