Chasing the Elites? Have a laugh.
Full Story »Oh those terrible rankings!
Oh those terrible college rankings! The US News and World Report came out with their yearly diatribe on the “best colleges”. As Mark H Sklarow, the executive director of the Independent Educational Consultants Association says in his blog: “Worst of all, students add colleges to their ‘wish lists’ not understanding that much of the criteria that put a school on the list has no consequence to their particular needs, interests, or desires.”
Full Story »Gotta Get In Colleges? No such thing.
“Who Needs Harvard“, by Gregg Easterbrook. A former Fellow at the Brookings Institution answers this question aptly: you don’t. I have blogged on this topic several times, and it always comes back to the student. Going to college is more important than where one goes to college.
Full Story »Is there a significant Payoff to attending an “elite” college?
“We find that students who attended more selective colleges do not earn more than other students who were accepted and rejected by comparable schools but attended less selective colleges. However, the average tuition charged by the school is significantly related to the students’ subsequent earnings. Indeed, we find a substantial internal rate of return from attending a more costly college. Lastly, the payoff to attending an elite college appears to be greater for students from more disadvantaged family backgrounds.”
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