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Reply to "What an Ivy league education gets you - the Atlantic "
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[quote=Anonymous][quote=Anonymous]If people are interested in this topic they should read the actual paper rather than an article searching for clicks. It contains some important caveats and nuance. https://www.nber.org/papers/w31492 For example, the relative increases mentioned are large but in absolute terms are still fairly small (chance of reaching top 1% earnings increases from 11.8% at highly selective publics to 16.8% at Ivy-plus and[b] elite grad school goes from 6.1% to 11.7%, for example[/b]). Some other measures of income don’t show the same result. And, importantly, the main driver seems to be academic aptitude, especially test scores, with no relationship or a negative one with other factors like legacy or non-academic credentials.[/quote] Almost double the chance is notable. Being in the mix with the highest concentration of super-smart motivated peers relates more to this metric than the jobs one. Jobs relate more to the top companies actively recruiting at ivy+. Top grad/professional schools has more to do with the peer motivation, though top faculty connections come in play. Then again income relates to grad/professional admissions. The average MD makes top 2% income, T14 law makes around the same. When a barely above average student at an ivy has over 90% chance of being admitted to at least one MD program in the US and a 75% chance at at least one T14, that is an impressive outcome, and one that relates more to the general ivy-student population than the very top. [/quote]
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