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Reply to "Degrees where college prestige matters"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m the pp. I’m bored & quickly found the article I just mentioned. It’s called “Catching up is hard to do: undergraduate prestige, elite graduate programs, and the earnings premium” by Joni Hersch. Journal of Benefit-Cost Analysis, fall 2019. [/quote] The summary of this paper seems to say it all: [b]Abstract[/b] A commonly held perception is that an elite graduate degree can “scrub” a less prestigious but less costly undergraduate degree. Using data from the National Survey of College Graduates from 2003 through 2017, this paper examines the relationship between the status of undergraduate degrees and earnings among those with elite post-baccalaureate degrees. [b]Few graduates of nonselective institutions earn post-baccalaureate degrees from elite institutions, and even when they do, undergraduate institutional prestige continues to be positively related to earnings overall as well as among those with specific post-baccalaureate degrees including business, law, medicine, and doctoral. Among those who earn a graduate degree from an elite institution, the present value of the earnings advantage to having both an undergraduate and a graduate degree from an elite institution generally greatly exceeds any likely cost advantage from attending a less prestigious undergraduate institution.[/b] [/quote] As others have said, correlation and causation are not the same thing. Those who attend an elite undergrad and elite grad school earn more because of who they are, not because of where they went to college.[/quote] You continue to spew that same argument...but you don't ever cite any 3rd party work that supports your "correlation and causation" argument. Please, show us the study/analysis. The study mentioned above is extensive...perhaps you should read the entire study and decide if it supports your position or not.[/quote]
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