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re: Why Does Everyone Think Ole Miss Fans Are Rich?

Posted on 1/26/14 at 12:58 pm to
Posted by Crimson Legend
Mount St Gumpus
Member since Nov 2004
15478 posts
Posted on 1/26/14 at 12:58 pm to
quote:

3) Spoiled rich kids from places like Texas or Georgia where they could not get into their state schools

The worst


I forgot about that. There is a contingent of these as well. When I was a freshman (at Ole Miss), my roommate was an example of one of these from Arkansas.
Posted by Jcrew
Gulf coast
Member since Aug 2012
990 posts
Posted on 1/26/14 at 12:58 pm to
quote:

I'm pretty sure a lot of people in Mississippi drive cars more expensive than their house. Real estate here is DIRT cheap like 100k gets you 3000 sqft.


Maybe where you live. Real estate isn't cheap where I am
Posted by inelishaitrust
Oxford, MS
Member since Jan 2008
26079 posts
Posted on 1/26/14 at 1:06 pm to
Ole Miss has fewer sidewalkers than most SEC schools, and a culture that promotes being well-dressed and enjoying the finer things in life.
Posted by Henry Jones Jr
Member since Jun 2011
68508 posts
Posted on 1/26/14 at 1:13 pm to
quote:

The school is one of the weakest (perhaps the weakest) academically in the SEC

Wrong
Posted by Crimson Legend
Mount St Gumpus
Member since Nov 2004
15478 posts
Posted on 1/26/14 at 1:16 pm to
quote:

a culture that promotes being well-dressed and enjoying the finer things in life.


This is true, but it's very provincial. There are not a lot of extremely wealthy people there who have spent a summer in France or who speak multiple languages or who know the difference between a good single malt Islay or Speyside Scotch. That's why a lot of people outside Ole Miss chuckle a little at this elitism.
Posted by blackoutdore
Nashville
Member since Jun 2013
247 posts
Posted on 1/26/14 at 1:16 pm to
Lol @ poorz
Posted by reb13
Member since May 2010
10905 posts
Posted on 1/26/14 at 1:23 pm to

quote:

Maybe where you live. Real estate isn't cheap where I am


Well I live in Oxford... Where I am from (Atlanta) actually has pretty cheap housing now a days since the market is so depressed but it still is not as cheap as it is here.

I agree with a few of the other posters in that it is relative wealth and not absolute wealth. I mean if you make 100k you literally are crushing it here.

ETA: not that that is a bad thing at all.
This post was edited on 1/26/14 at 1:24 pm
Posted by Hardy_Har
MS
Member since Nov 2012
16285 posts
Posted on 1/26/14 at 1:25 pm to
shite is cheap here no doubt...
Posted by Crimson Legend
Mount St Gumpus
Member since Nov 2004
15478 posts
Posted on 1/26/14 at 1:29 pm to
I wish I could have the best of both worlds - the job opportunities and cultural diversity of other cities, but in the beauty and lower cost of living of Mississippi. If I were to live in Mississippi again, it would have to be Oxford for the international diversity...but if you're not a professor or administrator at the university, your job opportunities are EXTREMELY limited (and the salaries of professors and admins are nothing to envy). What a beautiful place to live, though, and very safe and peaceful.
Posted by KSGamecock
The Woodlands, TX
Member since May 2012
22982 posts
Posted on 1/26/14 at 1:29 pm to
Just for the fun of it.

Percentage of students paying their own way (no loans, scholarships or aid) through college:

1. Auburn - 41
2. Alabama - 39.9
3. Vanderbilt - 38.5
4. Georgia - 36.6
5. Arkansas - 35.2
6. Florida - 35.1
7. TAMU - 34.2
8. Ole Miss - 33.8
9. LSU - 33.2
10. Missouri - 33.2
11. South Carolina - 32.8
12. Miss St - 31.8
13. Tennessee - 29.5
14. Kentucky - 29.8

Average starting salary

1. TAMU - 50.2K
2. Vandy - 48.3k
3. Florida - 46.2k
4. LSU - 44.1k
5. Mizzou - 42.7k
6. Auburn - 42k
7. Kentucky - 41.7k
8. Arkansas - 41.6k
9. MSU - 41.2k
10. UGA - 41.1k
11. Alabama - 40.8k
12. South Carolina - 40.5k
13. Tennessee - 39.9k
14. Ole Miss - 39k

Average mid-career salary
1. Vandy - 104k
2. TAMU - 92.7k
3. Auburn - 84.9k
4. LSU - 83.5k
5. Arkansas - 81.7k
6. Florida- 80.8k
7. Tennessee - 80.2k
8. UGA - 79.2k
9. Mizzou - 77.7k
10. Alabama - 75.7k
11. Kentucky - 74.6k
12. MSU - 72.7k
13. South Carolina - 71.5k
14. Ole Miss - 70.1k

Endowment
1. TAMU - $5b
2. Vandy - $3.41b
3. Florida - $1.29b
4. Mizzou - $1.2b
5. Alabama - $995m
6. Kentucky - $915m
7. Tennessee - $848m
8. Arkansas - $788m
9. Georgia - $745m
10. LSU - $692m
11. South Carolina - $494m
12. Auburn - $471m
13. Ole Miss - $469m
14. Miss St - $346m


Per capita income of state
1. Texas A&M - $41,471
2. Florida - $40,344
3. LSU - $39,413
4. Missouri - $39,049
5. Tennessee - $37,678
5. Vandy - $37,678
7. Georgia - $36,869
8. Auburn - $35,625
8. Alabama - $35,625
10. Arkansas - $34,723
11. Kentucky - $35,041
12. South Carolina - $34,266
13. MSU - $33,073
13. Ole Miss - $33,073


Averaging all those rankings gives a general, though shitty, picture of the wealth of each school and how each ranks in the SEC:

1. TAMU
2. Vandy
3. UF
4. Auburn
4. LSU
6. Mizzou
7. Alabama
7. Arkansas
9. UGA
10. Tennessee
11. Kentucky
12. USC
13. MSU
14. Ole Miss

This post was edited on 1/26/14 at 1:30 pm
Posted by EKG
Houston, TX
Member since Jun 2010
44018 posts
Posted on 1/26/14 at 1:35 pm to
… most importantly, everyone here on the SECr is rich in love.
Posted by Crimson Legend
Mount St Gumpus
Member since Nov 2004
15478 posts
Posted on 1/26/14 at 1:37 pm to
Thanks for the reminder. Good perspective.

Are those salaries adjusted for cost of living, or straight financial numbers?

Also, I agree with the above statement that Ole Miss is NOT a weak academic institution. It is a solid school for what they want to be. Measurements like US News typically do not favor them because of lower endowments, and less emphasis on research. But unlike many more prestigious schools, most classes outside of core curriculum are taught by professors and not graduate assistants. For what Ole Miss wants to be, I think it is very successful.
Posted by Chronic
Member since Nov 2013
1096 posts
Posted on 1/26/14 at 1:38 pm to
quote:

And you're also making the broad assumption that rich = smart.


Not at all. Many dumb people have gone to HYP because their parents are rich. One of them became a US President.
Posted by Crimson Legend
Mount St Gumpus
Member since Nov 2004
15478 posts
Posted on 1/26/14 at 1:40 pm to
quote:

HYP


Harvard-Yale-Princeton?

I've never seen this abbreviation before. I think the Stanford grads would feel slighted...lol
Posted by Kneehigh
Low Country
Member since Nov 2012
13250 posts
Posted on 1/26/14 at 1:41 pm to
Wonder where Wofford ranks... Exiting thread slowly....
Posted by KSGamecock
The Woodlands, TX
Member since May 2012
22982 posts
Posted on 1/26/14 at 1:42 pm to
quote:

Are those salaries adjusted for cost of living, or straight financial numbers?


I'm honestly not sure, my gut tells me that they are not adjusted. Most of the sources I used for this are really shitty (reputable ones are hard to quickly pull info from)... this is the site I used for the pay numbers so look at their numbers and their methodology and decide how seriously you want to take it.

Your question is important though because an Ole Miss graduate living in Mississippi, though making less money, may have more purchasing power than say, a UGA alum living in Atlanta.
This post was edited on 1/26/14 at 1:44 pm
Posted by KSGamecock
The Woodlands, TX
Member since May 2012
22982 posts
Posted on 1/26/14 at 1:49 pm to
I'd think highly?
Posted by OMLandshark
Member since Apr 2009
108403 posts
Posted on 1/26/14 at 1:52 pm to
Most Ole Miss alumni have bank accounts in the Caymans to get around that sort of thing, so that stat is bullshite.
Posted by EKG
Houston, TX
Member since Jun 2010
44018 posts
Posted on 1/26/14 at 2:08 pm to
quote:

Most Ole Miss alumni have bank accounts in the Caymans

Oh, undoubtedly.


Signed,
Just another envious Texan who covets a blue & red Ole Miss smoking jacket
Posted by blackoutdore
Nashville
Member since Jun 2013
247 posts
Posted on 1/26/14 at 3:10 pm to
Fwiw, vandy shouldn't be correlated to the state of Tenn. Out of the 6835 undergrads, only 788 are from Tenn. I'd wager that 11.5% instate demographic is by far the lowest out of the lowest. I would guess all the other schools are at least 60% instate
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