Anonymous wrote:

Anonymous wrote:Nothing in the data proves that it is the school that provides the extra income boost. It is just as likely that the schools are good at picking students who would make a lot of money if they went to Penn State or ASU.

The really interesting thing is that "the government's figures actually low-ball how much students from these elite colleges are earning. The Department of Education's dataset is entirely based on students who either borrowed student loans or received Pell grants, meaning they exclude wealthy undergrads whose parents are able to finance their education in cash...In other words, we're looking at some of the least privileged students at America's top schools. The median family income among Harvard students in the government's sample, for instance, is about $33,000, which is not exactly representative of the institution." http://www.slate.com/blogs/moneybox/2015/09/14/ivy_leaguers_in_their_20s_they_make_even_more_money_than_you_thought.html

Nor can you "prove" that the school does not provide the extra income boost. In the absence of something better, this data will have to do.

Anonymous wrote:Nothing in the data proves that it is the school that provides the extra income boost. It is just as likely that the schools are good at picking students who would make a lot of money if they went to Penn State or ASU.

The really interesting thing is that "the government's figures actually low-ball how much students from these elite colleges are earning. The Department of Education's dataset is entirely based on students who either borrowed student loans or received Pell grants, meaning they exclude wealthy undergrads whose parents are able to finance their education in cash...In other words, we're looking at some of the least privileged students at America's top schools. The median family income among Harvard students in the government's sample, for instance, is about $33,000, which is not exactly representative of the institution." http://www.slate.com/blogs/moneybox/2015/09/14/ivy_leaguers_in_their_20s_they_make_even_more_money_than_you_thought.html

Anonymous wrote:Nothing in the data proves that it is the school that provides the extra income boost. It is just as likely that the schools are good at picking students who would make a lot of money if they went to Penn State or ASU.

The really interesting thing is that "the government's figures actually low-ball how much students from these elite colleges are earning. The Department of Education's dataset is entirely based on students who either borrowed student loans or received Pell grants, meaning they exclude wealthy undergrads whose parents are able to finance their education in cash...In other words, we're looking at some of the least privileged students at America's top schools. The median family income among Harvard students in the government's sample, for instance, is about $33,000, which is not exactly representative of the institution." http://www.slate.com/blogs/moneybox/2015/09/14/ivy_leaguers_in_their_20s_they_make_even_more_money_than_you_thought.html

I'm an Ivy grad who got a job on Wall St straight out of school. While I agree it was a bullshit career with zero societal contribution, that is true for the vast majority of jobs out there. So I guess I'd rather be obscenely paid in a meaningless career than poorly paid in an equally meaningless career.

Anonymous wrote:yep but then you are always the prick who went to an ivy school and flaunting it when nobody really cares.

Anonymous wrote:That's just a function of how many go into fennance and are pre-professional.

That's why Y and Brown are at the bottom of that list compared to H and Penn.