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The Gentlest Possible Warning
Read more: The Gentlest Possible WarningThe Department of Education put the softest possible earnings warning on the FAFSA, after the list is set, for a thin slice of students. A quarter of those who saw it moved. Imagine what an honest one would do.
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The Ranking Trap
Read more: The Ranking TrapA low acceptance rate is mostly arithmetic, and it tells you far less about quality than it seems. How the ranking trap steers families away from the right schools.
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Yes, the Ivies Produce the CEOs
Read more: Yes, the Ivies Produce the CEOsTwelve colleges account for more than 10 percent of Fortune 500 CEOs, and the study behind that statistic says removing the rich-student admissions boosts would barely change the family backgrounds of those CEOs. Half the top-earner gap is the students. The typical student gains modestly at most. What is left is lottery odds, priced for…
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What the Prestige Study Left Out
Read more: What the Prestige Study Left OutOn the money side, the study everyone cites in the prestige debate measured earnings only. It never subtracted cost or taxes from those earnings, or discounted them. Add what prestige costs and Dale and Krueger’s famous finding gets stronger: in my model, at full sticker price, 40 of the 81 scoreable colleges that admit fewer…
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The $24,000 Row
Read more: The $24,000 RowGeorgetown’s underemployment report admits what the field rarely says: nobody has settled how to measure it. It proposes an adjustment, and the right response to a real idea is a test. Read its own tables down the column and the spread inside one degree is wider than the premium for having it. The $24,000 row…