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“When people go to recruit at Stanford, they recognize they’re getting candidates who probably got offers from Harvard and Wharton,” says Bhatti, who attended Wharton with Neel Kashkari, who leads the Federal Reserve Bank of Minneapolis, and Google CEO Sundar Pichai. There’s also the fact that so many alumni end up in and around San Francisco, Challenger says, where workers receive some of the highest wages in the country, thanks to the technology industry. Four of the 15 counties with the highest average adjusted gross incomes in the U.S. are in the San Francisco Bay Area, according to data maintained by the Transactional Records Access Clearinghouse at Syracuse University.
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