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Reply to "Alabama for free or a more elite school that is less than free-ride?"
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[quote=Anonymous][quote=Anonymous]Interesting story on NPR tonight on this very issue, though targetted at low-income kids. But Caroline Hoxby at Stanford noted that by not choosing an elite school, her research estimates that one would be giving up about $500k in the course of a lifetime. Something to think about though I know others disagree.[/quote] The research says exactly this: that attending an elite school conveys significant advantage over the course of one's lifetime only for low-income students, non-white students, and students who are the first in their families to go to college. That's why the story focused on low-income kids. For white students of middle class and up, researchers have found no significant difference in earnings between those who attend "elite" colleges and those who applied to elite colleges but attended non-elite colleges.[/quote]
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