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[quote=Anonymous][quote=Anonymous][quote]What is particularly sad about this thread is the tone! Obviously, the statistical information is useful but I should suggest it is not and should not be determinative. Hopefully, there is more to education than stats. Moreover, scoring well on tests bears little resemblance to hopefully other more relevant characteristics such as judgment and values. By focusing so much on these sorts of stats only creates a sense that one really is among the best and brightests. I hope we can appreciate that that arrogance only creates its own issues. Let's just look at the Harvard MBAs and MIT PhDs on Wall Street who almost destroyed our economy. No doubt, they scored well on their PSATs, and we know their arrogance and belief that they had it all figured out are substantially responsible for our current economic situation.[/quote]

The stupor of amnesia.  The culprits that dragged the country into this economic mess were largely products of "elite and choosy" prep schools, "well rounded and balanced folk",  for whom PSAT scores did not matter (despite tutoring).   [/quote]

The previous PP is simply wrong.  Wall Street has been filled for years with the b and b from our elite colleges, universities and graduate schools.  At one point, over half of the Princeton graduates went to Wall Street.  These are super smart people, whether they be lawyers, investment bankers, etc, who thought they fully understood the highly complicated financial instruments they created and traded.  The fact is that they did NOT understand, and their arrogance lead directly to the current economic mess.  While Bush no doubt will go down as one of the worst Presidents in the last century, and while Bush's failure to support any additional regulation of the financial industry did not help, Bush did not create the financial instruments that created the problem.  I say again that super smarts does not necessarily correlate with judgment and values.[/quote]

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