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Reply to "Bloomberg ROI metric for top 25 schools"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Once again, this list, which is the same list as the WSJ list thread only pulls numbers "For undergraduate students receiving federal financial aid". That is why the list doesn't mean what you think it means, OP. Did you even bother reading that part? There are lots of donut families who don't receive federal aid. There are families who pay for college with 529. Typically, state univ are cheaper and don't require that much federal aid. So, once again, that metric is really only meaningful if you take federal loans. The majority of students/families do not take out federal loans. Now, do you understand why this list is meaningless?[/quote] Once again you are totally backward and wrong. This is for anyone who received/used any form of federal program - grant, subsidized loan, unsubsidized loan, plus loan. Donut families are likely to use Federal parent plus loans. 34% of undergraduate students receive a Pell grant alone. The Majority gets one or more of these. Nobody cares about where Trump's son goes, what he majors, and what he makes after graduation. Probably making multi millions right after college working for his dad. This data actually eliminates these kinds of people that often skew the real number for real people. The data comes from IRS, loan servicing companies, etc. rather than 'self-reporting' numbers by schools. This is the most reliable income data worth referencing for low income, mid class, umc folks.[/quote] Once again, the list only includes those who get federal money. Lots of donut hole families and public state u students don't get that. So the data is eliminating not just the Trumps of the world, but also UMC/MC families with zero federal money, and/or families who take private but not federal loans. Those exist, too. We're a donut family. We applied for FAFSA. We got zilch. But, we are not taking out any loans because DC is going to an in state college with merit. You can also see that the majority of the schools on that list are stupid expensive, so the students probably needed more financial aid. The list also looks at income 10 years out, so that will include people who have gone on to masters degrees, law, medical, etc.. The list is mixing people who have graduate with just undergrad degrees. It doesn't make any sense. If you want to compare apples to applies, then compare just undergrad degree earners, not masters. Data analysis is important.[/quote] OP's list school as a whole. It provides info by major which is more helpful. No data or statistics is perfect, but this is the best source out there to reference. You can choose to ignore. [/quote] Once again, the data mixes undergrad with grad.[/quote] By major is 3 year out. You can argue about folks going to grad schools, but this is the best source. Use it to your advantage. [/quote] ? The list shows earnings 10 years out, not 3.[/quote]
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