Sept. 6 WSJ Rankings

[Anonymous]

Anonymous wrote:The women's colleges do especially poor, which isn't a great sign.

Given this county still has a wide gender pay gap and earnings are a big factor in the rankings, that would explain some of it. Those women’s college grads aren’t necessarily earning less because of where they went to school but more likely they get paid less because of their gender. That’s a function of the workplace landscape more so than the university’s failings.

Just another example of why these types of college rankings are problematic. They don’t take into account and control for other factors.

[Anonymous]

Anonymous wrote:Rose-Hulman Institute of Technology has an acceptance rate of nearly 80%?????

Why bother applying anywhere else?

More people should consider it!

[Anonymous]

UVA is not even among the top ten public schools. No wonder our resident boosters are so triggered! 😂

[Anonymous]

Anonymous wrote:

Anonymous wrote:Rose-Hulman Institute of Technology has an acceptance rate of nearly 80%?????

Why bother applying anywhere else?

More people should consider it!

Founded by Rose from Titanic? If so my kid might be VERY interested.

[Anonymous]

I’m gonna need a trigger warning next time someone plays the women-don’t-get-paid-enough card. It’s not 1985 any more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The women's colleges do especially poor, which isn't a great sign.

Given this county still has a wide gender pay gap and earnings are a big factor in the rankings, that would explain some of it. Those women’s college grads aren’t necessarily earning less because of where they went to school but more likely they get paid less because of their gender. That’s a function of the workplace landscape more so than the university’s failings.

Just another example of why these types of college rankings are problematic. They don’t take into account and control for other factors.

I am sorry, but this is not true. Goldman Sachs or Google or any employer is not paying a woman differently from a man for the same job.

In the present day, women's overall earnings are lower because they occupy many jobs such as teaching, nursing, daycare centers, non-profit, etc. which do not pay as well as traditionally male jobs such as welders, plumbers, contractors, etc.

No Smith or Wellesley Goldman Sachs analyst is getting paid any differently than their male counterparts. You have to look at where those graduates are heading after college to understand the results.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I’m still lost as to why we are concerned about the short term salary outcomes relative to some estimate generated by a random model. Short term salary doesn’t concern me (just a function of the tendency of graduates to enter better paying fields). And this business with the model really really doesn’t concern me, just adding even more arbitrary variables into the equation. Everyone knows if you graduate from Williams with an Econ degree you are in the running for analyst jobs at elite hedge funds. If you graduate from Florida Int’l maybe you can get an operations job at one, like if you are also an attractive female.

Last I heard, hedge fund jobs pay pretty well…so shouldn’t that show up in Williams’ short term salary outcomes?

Because short term, the Williams grads are taking fulbright/Watson fellowships, teaching English overseas or working on an organic farm beeeefore going to work at said hedge fund and making bank.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The women's colleges do especially poor, which isn't a great sign.

Given this county still has a wide gender pay gap and earnings are a big factor in the rankings, that would explain some of it. Those women’s college grads aren’t necessarily earning less because of where they went to school but more likely they get paid less because of their gender. That’s a function of the workplace landscape more so than the university’s failings.

Just another example of why these types of college rankings are problematic. They don’t take into account and control for other factors.

I am sorry, but this is not true. Goldman Sachs or Google or any employer is not paying a woman differently from a man for the same job.

In the present day, women's overall earnings are lower because they occupy many jobs such as teaching, nursing, daycare centers, non-profit, etc. which do not pay as well as traditionally male jobs such as welders, plumbers, contractors, etc.

No Smith or Wellesley Goldman Sachs analyst is getting paid any differently than their male counterparts. You have to look at where those graduates are heading after college to understand the results.

Before others respond, I wanted to ask if you were serious or if this was a misguided attempt to spark debate.

[Anonymous]

This McKinsey article from a few years ago is a helpful read: https://www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/confronting-the-early-career-gender-gap

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The women's colleges do especially poor, which isn't a great sign.

Given this county still has a wide gender pay gap and earnings are a big factor in the rankings, that would explain some of it. Those women’s college grads aren’t necessarily earning less because of where they went to school but more likely they get paid less because of their gender. That’s a function of the workplace landscape more so than the university’s failings.

Just another example of why these types of college rankings are problematic. They don’t take into account and control for other factors.

I am sorry, but this is not true. Goldman Sachs or Google or any employer is not paying a woman differently from a man for the same job.

In the present day, women's overall earnings are lower because they occupy many jobs such as teaching, nursing, daycare centers, non-profit, etc. which do not pay as well as traditionally male jobs such as welders, plumbers, contractors, etc.

No Smith or Wellesley Goldman Sachs analyst is getting paid any differently than their male counterparts. You have to look at where those graduates are heading after college to understand the results.

Before others respond, I wanted to ask if you were serious or if this was a misguided attempt to spark debate.

True…misguided…take your pick.

Are you claiming the men and women that work at GS, McKinsey, etc are paid different amounts for the same job?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m still lost as to why we are concerned about the short term salary outcomes relative to some estimate generated by a random model. Short term salary doesn’t concern me (just a function of the tendency of graduates to enter better paying fields). And this business with the model really really doesn’t concern me, just adding even more arbitrary variables into the equation. Everyone knows if you graduate from Williams with an Econ degree you are in the running for analyst jobs at elite hedge funds. If you graduate from Florida Int’l maybe you can get an operations job at one, like if you are also an attractive female.

Last I heard, hedge fund jobs pay pretty well…so shouldn’t that show up in Williams’ short term salary outcomes?

Because short term, the Williams grads are taking fulbright/Watson fellowships, teaching English overseas or working on an organic farm beeeefore going to work at said hedge fund and making bank.

Again, in higher numbers than Amherst and Swarthmore grads?

[Anonymous]

People are actually denying a gender pay gap exists?

https://www.pewresearch.org/social-trends/2023/03/01/the-enduring-grip-of-the-gender-pay-gap/#:~:text=The%20gender%20pay%20gap%20–%20the,80%20cents%20to%20the%20dollar.

“The gender pay gap – the difference between the earnings of men and women – has barely closed in the United States in the past two decades. In 2022, American women typically earned 82 cents for every dollar earned by men. That was about the same as in 2002, when they earned 80 cents to the dollar.”

https://www.epi.org/publication/what-is-the-gender-pay-gap-and-is-it-real/

“The average woman worker loses more than $530,000 over the course of her lifetime because of the gender wage gap, and the average college-educated woman loses even more—nearly $800,000 (IWPR 2016). It’s worth noting that each woman’s losses will vary significantly based on a variety of factors—including the health of the economy at various points in her life, her education, and duration of periods out of the labor force—but this estimate demonstrates the significance of the cumulative impact.”

https://www.gao.gov/products/gao-23-106041

[Anonymous]

Anonymous wrote:People are actually denying a gender pay gap exists?

https://www.pewresearch.org/social-trends/2023/03/01/the-enduring-grip-of-the-gender-pay-gap/#:~:text=The%20gender%20pay%20gap%20–%20the,80%20cents%20to%20the%20dollar.

“The gender pay gap – the difference between the earnings of men and women – has barely closed in the United States in the past two decades. In 2022, American women typically earned 82 cents for every dollar earned by men. That was about the same as in 2002, when they earned 80 cents to the dollar.”

https://www.epi.org/publication/what-is-the-gender-pay-gap-and-is-it-real/

“The average woman worker loses more than $530,000 over the course of her lifetime because of the gender wage gap, and the average college-educated woman loses even more—nearly $800,000 (IWPR 2016). It’s worth noting that each woman’s losses will vary significantly based on a variety of factors—including the health of the economy at various points in her life, her education, and duration of periods out of the labor force—but this estimate demonstrates the significance of the cumulative impact.”

https://www.gao.gov/products/gao-23-106041

You are referring to a different issue.

Show data that indicates a Wellesley grad working as an IBank analyst is paid differently from her male counterpart.

[Anonymous]

Anonymous wrote:

Anonymous wrote:People are actually denying a gender pay gap exists?

https://www.pewresearch.org/social-trends/2023/03/01/the-enduring-grip-of-the-gender-pay-gap/#:~:text=The%20gender%20pay%20gap%20–%20the,80%20cents%20to%20the%20dollar.

“The gender pay gap – the difference between the earnings of men and women – has barely closed in the United States in the past two decades. In 2022, American women typically earned 82 cents for every dollar earned by men. That was about the same as in 2002, when they earned 80 cents to the dollar.”

https://www.epi.org/publication/what-is-the-gender-pay-gap-and-is-it-real/

“The average woman worker loses more than $530,000 over the course of her lifetime because of the gender wage gap, and the average college-educated woman loses even more—nearly $800,000 (IWPR 2016). It’s worth noting that each woman’s losses will vary significantly based on a variety of factors—including the health of the economy at various points in her life, her education, and duration of periods out of the labor force—but this estimate demonstrates the significance of the cumulative impact.”

https://www.gao.gov/products/gao-23-106041

You are referring to a different issue.

Show data that indicates a Wellesley grad working as an IBank analyst is paid differently from her male counterpart.

If you think a kid graduating college today is better off being a white male if he wants to get a job and be presented with advancement on opportunities on Wall Street, you are out of your mind.

[Anonymous]

Anonymous wrote:Rose-Hulman Institute of Technology has an acceptance rate of nearly 80%?????

Why bother applying anywhere else?

Because some kids don't want to spend 4 years in Terre Haute.