At the beginning of Chapter 1, Arum and Roksa describe the situation of “Nathan”, a recent college graduate, similar to “…many of his peers…” The book is worth the price, if only for this story. Nathan graduated in business administration with a 3.9. He lives at home, makes very little money (compared to what colleges “promise”), and is sure that […]
A Bad Assumption By an Obama Admin. Advisor
June 15, 2014 by
SUSAN DYNARSKI is a professor of economics, education and public policy at the University of Michigan. She has advised the Obama administration on the findings of her student-aid policy research. She wrote this piece in the New York Times. Finding Shock Absorbers for Student Debt – NYTimes.com. My comment on what she missed, without which, all […]
Value of College – Continued
May 30, 2014 by
The Value of College: It’s Not Just Correlation – NYTimes.com. I just posted a comment I made on the above article. I added a second comment. Two people responded. I think the two responses are informative, of both thinking and facts. I will post all the comments. MY COMMENT: Today’s college “degree” is not your […]
Another Piece on Value of College by David Leonhardt: Still Wrong Focus
May 30, 2014 by
The Value of College: It’s Not Just Correlation – NYTimes.com. In the above column, David Leonhardt, continues to point out that a college degree is, on average, valuable. I tried to explain (again) in my comment why the fact that today’s college degree is more valuable than today’s high school degree, doesn’t mean that today’s college […]
USA Today claims that “Data measure value of a college degree”
September 3, 2013 by
USA Today has an article http://www.usatoday.com/story/news/nation/2013/09/03/how-higher-education-pays/2755345/ that has some findings that I think are (unintentionally) misleading. It relied too much on gross dats. Here is what I wrote. Is this “solving for the winning solution?” The article compares Tech. Assoc. Degrees in Texas with baccalaureate degrees to make one point, then compares STEM degrees in Virginia […]
What If Your Family Is Not Elite And You Go To A “Consumer-Oriented” Elite College?
August 26, 2013 by
Let’s say you want to be an engineer. Say you take a faux-physics course and a faux-calculus course, etc… What will be the difference between you and some of your colleagues from elite families? (I will speak of the “average” you and the “average” them.) Neither you, nor they, will learn the engineering skills that […]
Times Post Relies In Part On Report From Questionable Source
July 24, 2013 by
Here is the link to the article. (Also, my previous post is a comment on this article.) http://economix.blogs.nytimes.com/2013/07/22/college-counseling-and-job-prospects/#more-165893 I have commented before on the National Association of Colleges and Employers here Median Starting Salaries for College Graduates $27,000 or $40,735? | Inside Higher Education Here is my comment on the Times site: “This post reports […]
New Comment On NY Times
June 28, 2013 by
Median Starting Salaries for College Graduates $27,000 or $40,735?
May 5, 2013 by
According to “…employer-based data…[of] actual starting salaries…” the median is $40,735 for 2011. This number was reported by the National Association of Colleges and Employers. (http://www.naceweb.org/home.aspx) According to a survey by Knoledge Networks (http://www.knowledgenetworks.com/index.html), which has the “…only nationally representative sample of young people…that can be surveyed online…” it is $27,000 for “…those coming into the workforce […]
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