America

More than a third of Harvard's graduating seniors are heading into finance or management consulting - two professions notable for how quickly their practitioners "make a bag", or make money, reports the New York Times.

Similar percentages show up in other prestigious universities.

Frankly, if anything, I'm surprised that only a third of graduating seniors at Harvard and similar places are heading into finance and consulting.

In this era of raging income inequality and billionaire robber barons, the bags are gigantic. At Goldman Sachs they start at $105,000 to $164,000. At McKinsey, $100,000 to $140,000.

And that's just the first year.

Think of it: make a bag and then do whatever you really want to do without ever again worrying about money. Make a bag and support whatever good causes you believe in without having to work at social change. Make a bag and you'll never have to grovel to those with wealth and power.

When I graduated Dartmouth College in 1968, almost no one I knew went into finance or consulting. In those days, inequalities were minuscule compared with now. The bags at that time could have fit into a glove compartment.