UChicago's 44th ranking over UVA's 52nd in Kiplinger is significant for you. Anything that puts Chicago ahead must appear like it's the second coming of Christ. Yet, ROI is insignificant. |
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No, my point was I think this stuff is stupid. But if you are going to tout Kiplinger’s on the “value” of a college, I agree with the PP who said you need to find their list that compares the two schools head-to-head, and when I looked at the list s/he posted, I noted that UChicago came out ahead of University of Virginia.
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+1 I don't put much weight on these polls. I don't put ANY weight on them when you don't use the same poll to compare the two schools. If you must refer to a poll to make a point, pick one methodology that you like and stick with it. |
Payscale ROI. As vulgar as it may be, it compares schools head to head. It's a barometer to consider when comparing schools. |
It's one data point that may or may not be important to an applicant. |
Useless if your kid is looking at a field that requires/involves more than a terminal BA. |
Not sure of your point. Normally you need more than a HS degree because a HS degree is not going to get you anywhere. Reading between the lines, are you saying a BA degree from chicago ny itself is not as valuable as people imagine? One of many motivations of pursuing advance degrees is people are unemployed. So, you can't presume those who go into workforce immediately after college is making a lesser life choice. Also if you plan on another 2-7 years of grad/professional school after Chicago, don't get weigh down by huge $$$$ undergraduate loans. Can you aim at your foot better than that? |
Eh. Some 80% of students change their major at some point during their undergraduate years, probably even more change their desired career path/post-grad plans. . I'm a biology professor and the number of freshman "pre-meds" I get every year is astounding - but the vast, vast majority of those students do not end up going to medical school after four years. I wouldn't make a college decision on that alone. |
I’m saying just what I said. That data is useless (i.e. tells me nothing) about the salary differences among grad degree holders based on where they got their BAs. In my world, people pursue advanced degrees not because they are unemployed but because they want to work in a field that requires education beyond a BA. Agree about not taking out huge undergrad loans if you are going to grad school, but you don’t need ROI stats to figure that out. You just need to know tuition costs, family budget/resources, and fellowship/FA opportunities. |
“Assume a terminal BA” is just as speculative as “assume grad school.” And, in DC’s case, the former would favor schools that have more kids heading to engineering or the financial sector, neither of which has any appeal to DC. Personally, ROI isn’t how I’d make (or I’ve made) school choice decisions. But for those who are interested in this approach, it’s important to think carefully about what various types of data can and cannot tell you. |
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No snark...
Where do the bottom 20% kids at Chicago end up? They’ll have a gpa well below cutoffs for good internships and jobs. And bleak grad school prospects. |
| Bottom 20% at HYP still end up with a respectable 3.3 gpa and have the powerful Ivy brand. |
| The cold law of statistics say half the Chicago students will fall below 50%. If you can get into Chicago but choose to go instate, chances are you'll be a big fish in a small pond. There's something to say for being a big fish than a small fish in big pond. |
Where do they end up though? |
Chicago is not HYP. Nor an Ivy. |