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College and University Discussion
Reply to "Is U Chicago worth cost over in-state UVA?"
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[quote=Anonymous][quote=Anonymous]The data is crystal clear on this: for the students who get into both but elect to go to the state school, their outcomes are the same. [/quote] No it's not https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2473238 I[i]ncome disparities arise not only from differences in the level of education but also from differences in status associated with an individual’s degree-granting college or university. While higher ability among those who graduate from elite undergraduate institutions may account for much of the earnings premium associated with elite education, ability should be largely equalized among those who graduate from similarly selective graduate programs. Few graduates of nonselective institutions earn post-baccalaureate degrees from elite institutions, and even when they do, undergraduate institutional prestige continues to influence earnings overall and among those with law, medical, graduate business and doctoral degrees. [/i][/quote]
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