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Reply to "2017 Forbes rankings are out"
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[quote=Anonymous]The above is correct. "The proportion of the rankings dedicated to salary double in 2017 as compared to 2016." https://www.forbes.com/sites/cartercoudriet/2017/08/02/top-colleges-2017-the-methodology/#441fb12ce44a That's why LACs did so much worse in this ranking. Salary data is useful, but the two sources used are deeply flawed. Payscale data is self-reported, with most colleges reporting under 100 responses. The government's database is only based on students who received federal loans, which could be under 15% of the student body for a lot of these elite schools. Furthermore, a lot of LAC grads go to graduate school where they don't earn much at all those years, but they go on to earn higher salaries later on. Salary data is linked far more to major than college, so it really favors schools with high STEM % over anything else. A good thing is they took out RateMyProfessors. But they stepped backward and started including Niche data, another subjective and questionable data source. [/quote]
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