Reply to get over name brand / prestige obsession

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think it makes a difference if you go to a tippy top school. Other than that, the next T50 don’t matter as much. The difference between a school like Tufts or Vanderbilt, say, is negligible even though Vandy is higher ranked. They are both great schools.

I there is another difference once you start past the T100 school. You may have more opportunities graduating from Emory than Appalachian, for instance.

But if you are talking T15-T50, it makes no difference.[/quote]

You didn't understand my post at all.  How old are your kids?[/quote]

What are you talking about? The pp is spot on. [/quote]

Sigh.  I give up.  Clearly you're still in the midst of all of this.  Y'all can just go ahead and split hairs between schools and tiers like you always do.  As I said, I should have known I was preaching to the wrong crowd.

I'm out.  [/quote]

I use this example of the relationship between school prestige and salary all the time in my undergraduate stats class.  We talk about things like the "Bill Gates problem." (I.E.  The average salary of a Harvard grad is quite high, but it's often due to a couple of outliers whose salaries have an inordinate effect on the mean.  How might we control for this effect?  Would it more be more useful to look at the median salary?  Is the distribution skewed and how do we fix it?  What salaries do those in the middle quartiles typically get, etc. )

We also talk about controlling for those other factors.  For example, more people who go to Harvard are likely to go to work in a family business where they are paid an artificially inflated salary (see Jared Kushner).

Just look at the salary outcomes from the school and it obvious that IN GENERAL, higher ranked schools produce better outcomes.[/quote]

Now control for parent salary. Oops, did we discover something we didn't mean to? Pull that curtain back into place![/quote][/quote]

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