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Reply to "Universities Ranked By Earnings Data: CS Graduates"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OMG, this nonsense again? Do yourself a favor and read Dale and Kruger, then ignore this.[/quote] Please stop with the Dale and Kruger nonsense. [/quote] Sure, as soon as someone gets their research debunking it published 3 times with over 3 decades of data.[/quote] It's not about debunking...it's just that Dale & Krueger can only focus on overall averages. So, yes a high-achieving kid that was accepted to Yale but chooses Penn State will do just as well as the average Yale grad. However, do they just as well as the Yale kids that are in the top 10% of Yale (?)...do they have a history of producing extreme positive outcomes that are heavily concentrated in top school graduates (?) If your goal after college is to just go and work at Accenture, then Penn State and Yale will have identical outcomes. If you are hoping to work for a hedge fund or a VC fund...well, I am not sure Dale & Krueger can really tell you anything with respect to things like that.[/quote] "a high-achieving kid that was accepted to Yale but chooses Penn State will do just as well as the average Yale grad." But this isn't what Dale and Krueger conclude. Their research shows that this hypothetical student will do as well as they themselves would do at Yale, not as well as the average Yale student. What they demonstrated is that what matters is the student, not where they get their education (as long as where they choose to attend is a well-chosen safety school, like PSU vs. Yale).[/quote] How can they possibly prove that kid will do just as well as if they went to Yale...they have to compare it against something at Yale. Are you saying they compare Kid A that was accepted to Yale and chose PSU vs. Kid B that was accepted to Yale and PSU but chose Yale? Don't they compare against the Yale averages?[/quote] They compare the earnings of kid A at PSU (who was accepted to Yale) to any kid B at Yale who had the same SAT score. So someone with the same academic ability and ambition will earn the same amount over time regardless of which of the two colleges they choose.[/quote] So, they are basically comparing it against the generally average Yale kid...if they take 1 1550 SAT kid at PSU and compare to all Yale 1550 SAT scorers they will be comparing 1 against several hundred (just in the same class year)? Yes? Look, I applaud what they are trying to accomplish and I don't dispute the average outcome...but are they even looking at same majors? I mean a PSU kid with a 1550 majoring in engineering (actually with almost any SAT score) will probably do better than the Yale 1550s that are all liberal arts majors.[/quote]
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