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College and University Discussion
Reply to "Does it seem like all anti-elite college folks never actually attended an elite?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] Graduates of elite colleges DO make more money over time than their counterparts at less elite schools. By itself, this statistic would lead you to believe that it was the college that gave them the earnings boost. But if you control for the colleges students apply to and were accepted to, the differences in compensation disappear. For example, a student who attends Penn State, but who also had applied and been accepted to the more prestigious University of Pennsylvania earns as much over time, on average, as a student who attended U Penn. [/quote] Nobody that gets into Penn ends up at Penn State. These absurd hypotheticals you anti-elite folks try to pitch are absurd. :roll: [/quote] It's not PP's hypothetical. It is a real life scenario detailed in Stacy Dale and Alan B Krueger's (who, might I add, are both graduates of "elites") widely referenced study on the value of elite colleges. If you want to ignore the research, that's fine, but don't act like people are just making this up. [/quote]
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