Chicago's salaries are prob distorted by all the thinkers in professional school and PhD programs. UVA schmucks are all $60k millionaires living in Arlington.

Anonymous wrote:

Anonymous wrote:Stanford comes in at $85700 in Govt scorecard. That's a significant difference, not a random walk.

What does Stanford have to do with anything?

It's just a comparison. If we are talking stanford v. uva, stanford might be worth the extra loan. Just not sure about Chicago for the amount of salary difference.

Anonymous wrote:The data is crystal clear on this: for the students who get into both but elect to go to the state school, their outcomes are the same.

What data? Source please.

Anonymous wrote:Stanford comes in at $85700 in Govt scorecard. That's a significant difference, not a random walk.

Look at SV salaries (even non-tech gigs) and home values. No surprise.

Anonymous wrote:Stanford comes in at $85700 in Govt scorecard. That's a significant difference, not a random walk.

What does Stanford have to do with anything?

Anonymous wrote:^ That's wrong. Gov's scorecard, which pulls from US tax returns, puts post-school avg UVA grad at $60.7k salary. Chicago at $65.5k.

https://collegescorecard.ed.gov

This line of thinking is what keeps social scientists up at night!

Stanford comes in at $85700 in Govt scorecard. That's a significant difference, not a random walk.

Anonymous wrote:^ That's wrong. Gov's scorecard, which pulls from US tax returns, puts post-school avg UVA grad at $60.7k salary. Chicago at $65.5k.

https://collegescorecard.ed.gov

Not a huge difference. Not enough to justify a huge loan. If UChicago can make it close to the price of UVA, Chicago is worth it. If not, the salary difference is just not there. That $4000 difference can just as easily be the cost of living difference between Chicago vs. Virginia.

^ That's wrong. Gov's scorecard, which pulls from US tax returns, puts post-school avg UVA grad at $60.7k salary. Chicago at $65.5k.

https://collegescorecard.ed.gov

Payscale median UVA BA degree salary, $64000:

https://www.payscale.com/research/US/School=University_of_Virginia_(UVA)_-_Main_Campus/Salary/by_Degree

Payscale median UChicago BA degree salary, $65000:

https://www.payscale.com/research/US/School=University_of_Chicago/Salary/by_Degree#by_Degree

Anonymous wrote:The data is crystal clear on this: for the students who get into both but elect to go to the state school, their outcomes are the same.

Yup. There's very similar data for magnet schools too.

Chicago for prestige and to be around international diverse peers. UVA is going to be mostly nova and dc high school cliques binge drinking in whatever sororities and frats their hometown feeds into.

Anonymous wrote:

Anonymous wrote:DC has about 14 days to decide. Undecided on major - maybe trying for the business school McIntire at Virginia. As a parent, is it crazy to think Chicago will have fewer distractions compared to the rah-rah UVA?

Paying 2x to send kid to a far nerdier college for fewer distractions - nevermind fit and happiness? Bold strategy, Cotton - let's see how if it pays off.

Excellent point here. Where does the kid WANT to go and do the work?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dating pool is different.

Sure, lots of ambitious kids at UVA, but also half that are content with working a normal 9-5 yuppy career.

Chicago is full of gunners aiming for high-status top law schools, medical schools, PhD programs, and big $ tech finance consulting.

Oh lord. If we're going to go down that rabbit-hole, most of the science tech nerds become the worker bees, NOT the CEOS. True story.

Apples to apples, so please exclude baby boomers, and point us to all these high flying generation X’ers who went to UVA and became CEOs. The future is brainy, not barstool sports frat life goofballs allergic to grinding.

Annnnnnd, here's the crazy UChicago parent. Can we shut this one down now, Jeff?