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2003/5/30 [Academia/GradSchool, Finance/Investment] UID:28586 Activity:high |
5/31 If you want to know how much your degree is worth, go the library and read: "Estimating the Payoff to Attending a More Selective College: An Application of Selection on Observables and Unobservables," Quarterly Journal of Economics, vol. 117, No. 4, November 2002. \_ http://econpapers.hhs.se/article/tprqjecon/v_3A117_3Ay_3A2002_3Ai_3A4_3Ap_3A1491-1527.htm \_ So now that you're all at Cal are you really going to read some book and switch schools based on what it says?? A bit late, maybe? \_ First, smarty pants, it's an article - not a book. Second, there are many reasons to attend a selective school, not just income. I think there a lot of great things about Cal that go beyond your future salary. And yes, if you want, you can change schools. It is not too late. Haven't you ever heard of a transfer? |
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econpapers.hhs.se/article/tprqjecon/v_3A117_3Ay_3A2002_3Ai_3A4_3Ap_3A1491-1527.htm New Economic Papers 10 Advanced Search Quick Search 11 EconPapers FAQ 12 Cookies at EconPapers This site is part of 13 RePEc and all the data displayed here is part of the RePEc data set. Estimating The Payoff To Attending A More Selective College: An ApplicationOf Selection On Observables And Unobservables The Quarterly Journal of Economics, 2002, vol. Krueger Abstract: Estimates of the effect of college selectivity on earnings may be biased because elite colleges admit students, in part, based on characteristics that are related to future earnings. We matched students who applied to, and were accepted by, similar colleges to try to eliminate this bias. Using the College and Beyond data set and National Longitudinal Survey of the High School Class of 1972, we find that students who attended more selective colleges earned about the same as students of seemingly comparable ability who attended less selective schools. Children from low-income families, however, earned more if they attended selective colleges. Related works: This item may be available elsewhere in EconPapers: 18 Search for items with the same title. |