Measuring ROI solely by salary is stupid. |
Oh, is that what’s going on here? So PP is saying 60K is the average starting salary of a (recent?) UofC grad? Couldn’t figure out what it meant to express ROI as anything other than a percentage. Cracks me up how people who are obsessed with ROI don’t even know how to calculate it. And, of course, even if you believe ROI is the/an appropriate metric for choosing a college, then averages don’t matter — you care about what you’re actually investing and what kind of career DC is likely to embark upon. That’s before we even get to the point about salary not being the only return. |
| Left leaning but not annoyingly and self-destructively woke |
You are rambling without telling us what exactly are you are getting for some $80,000+ a year, if not ROI? |
This! |
That was an astronomical score then. The changes in scoring have resulted in a differential of something like 130 points between equivalent scores of those periods. |
| I think over past 10 years or so, students have been more open to attend top colleges outside the northeast (e.g., stanford, chicago, northwestern, duke, etc.) |
+1 although this is a trend that has been happening for much longer than 10 years. Closer to 20, 30 years at this point. |
A lot of what people think about Chicago is an illusion. Their ROI is consistently not what an $80,000+ a year university is expected to produce. There's a disconnect between their perception of themselves and their performance. It's like a beautiful woman who achieved her looks through plastic surgery still making an ugly baby. |
Great universities don’t achieve (or sustain) their greatness through ROI. Their goal isn’t to improve the earning power of undergrads. I understand that/why some parents care about ROI, especially now that college costs are mind-bogglingly expensive, but while that may be a legit way to think about how to allocate family assets among competing needs/desires, it’s just not what university education should be about. |
The only problem with your argument is you can get UChicago-level covid/remote education through Youtube videos - for free. |
| Given the number of Nobel laureates and research dollars at U Chicago, I think they are doing just fine despite the PP’s perception of RO1 |
This is false and marketing BS. It’s just as annoying woke and full of cancel culture as any other college. |
Pretty much. But there are enough rich families who can’t get their kid into an Ivy who don’t sweat paying, so can’t blame them for charging $80k. |
| Chicago churns out dorky policy wonks who make s*** for pay on the Hill and a fair number of doctors and lawyers. Northwestern is basically a private state school and churns out a fair number of journalists, a dying profession. Most grads of these schools go onto normal boring 9-5 careers, especially those without connections. If you’re not from the Midwest and have no plans to settle in Chicago, there’s no point in considering these two schools for undergrad. Cold weather, flyover country, both campuses are far from downtown Chicago hustle and bustle, and nobody in real life cares about them. We all know why coastal kids end up at these two schools — it was their only option in the top 15. |