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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think that the financial aid number is probably the real number for earnings, whereas the other number (everyone) could conceivably include a lot of people who work for Daddy's Firm where they are paid an artificially high salary.  If you figure that half of the kids are in the top one percent families and a lot of those families are business owners, it's possible that half of the kids at a preppy LAC end up "earning" 100K starting salary because Dad (or one of Dad's friends) hires them at an inflated salary. 
What do you think Ivanka would have earned right out of college if she had to go and get a regular job like regular people?  Instead, Daddy probably paid her 300K which skewed the results for Wharton or whatever . . .[/quote]

The Office Of Pulling $hit Out of Your A$$ is very impressed with your work and would like to offer you a promotion.[/quote]

LOL you half to discount the earnings of more than half of the graduates to support this crazy theory. (Obviously you think no one can pay for college.  I, on the other hand, assume most people pay for college!)  People who are way below 1% earners pay for college.  So you would have to say the earnings of what 75% or 80% of the graduates do not count????  Are you saying that regular people are 20% of the school??  Donut hole families think everyone is like them...myopic!  You could fill up all the top 10 colleges and LACs with full pay kids, high stats kids and still get diversity.  There are a lot of people who are not in the 1% who do and can pay for college.[/quote]

The point is that people from wealthy families are often "awarded" high salary jobs at the end of their BA's, but these are A.  not high salary jobs which anyone can apply for and get B.  not a realistic rendering of the relationship between "going to Middlebury" and "getting a starting salary of 100K".  The two factors may be correlated, but the kid who is "awarded" a high salary job through family connections just happened to go to Middlebury, but would have been awarded the same job even if he or she went to community college, since they didn't get the job through being prepared at school, they got it through being born to someone wealthy.

That's actually the real problem with the stats about how much people who go to Harvard make as well.  If your dad is a Russian oligarch who bought your way into Harvard, you're probably going to earn a lot of money when you finish -- but the relationship between Harvard-Money rests on a set of assumpitons:  Wealthy people (including Russian oligarchs) send their kids to Harvard for a credential and afterwards award them good jobs in their firms because of their prestigious credentials.

My roommate at Mt. Holyoke was a member of a Saudi royal family.  She majored in Art History and is now quite wealthy.  But it certainly doesn't mean that Art History majors from Mt. Holyoke as a group tend to be wealthy.  
Here you also have the Bill Gates effect.  He walks into a room and our average income all goes up significantly but we're not actually wealthier.  He has just skewed the distribution and messed up the average.  THe modal salary might still be 100K, even if the median salary is much higher.
Ideally you'd want to ask about the modal income for a Middlebury grad, and then probably want to exclude all the kids who are basically aristocracy or one percenters, and then see what you're left with.[/quote]

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