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Reply to "The value of a liberal arts degree?"
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[quote=Anonymous]I just looked quickly at the data. I think what's missing is a control for family income level and additional investment in grad school. I went to an LAC myself, then law school. It seems very possible that the same families that can pay full freight for an LAC will offer support for grad school. If a higher percentage of LAC grads are going to law school and med school, that would drive up the ROI for LACs. So correlation does not necessarily equal causation. That said, I value a liberal arts education for reasons that can't be tied to a ROI figure.[/quote]
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