By nilkn
If I were a prospective student interested in making a lot of money out of college, surely I’d still just follow this very simple model:
Take all the schools I could get into, look up their actual median earnings, and go to the one which is highest (let’s ignore issues of cost of attendance).
If it turns out that the one which is highest isn’t ranked high on this particular list, I don’t see why that would suggest I still shouldn’t pick that school. Imagine these are my options, for instance:
(A) A school with expected earnings of $90k and actual earnings of $75k.
(B) A school with expected earnings of $50k and actual earnings of $55k.
(B) will rank vastly higher than (A) in this study, but I’d pick (A) over (B) every time if I just wanted money.
In short, I don’t actually see the value add here from this list. How am I supposed to act on these rankings? How are these rankings supposed to change any idea I might have about which school I should attend?
It seems if you want to know which school to attend based on earnings we already have much more reliable data for that: actual earnings data.
Read more here: https://news.ycombinator.com/item?id=10479949
nilkn comments on "The Economist's US college rankings"
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