Monday, November 23, 2015

A Ranking: Colleges Where Grads Earn More Than Expected

From the Economist (here):

The Economist’s first-ever college rankings are based on a simple, if debatable, premise: the economic value of a university is equal to the gap between how much money its students subsequently earn, and how much they might have made had they studied elsewhere. Thanks to the scorecard, the first number is easily accessible. The second, however, can only be estimated. To calculate this figure, we ran the scorecard’s earnings data through a multiple regression analysis, a common method of measuring the relationships between variables.

Here are the top ten (more on the website):

Rank %ile College State Expected earnings Median earnings Over/Under
1 99 Washington and Lee University VA
$55,225
$77,600
$22,375
2 99 Babson College MA
$65,172
$85,500
$20,328
3 99 Villanova University PA
$60,457
$73,700
$13,243
4 99 Harvard University MA
$74,469
$87,200
$12,731
5 99 Bentley University MA
$62,329
$74,900
$12,571
6 99 Otis College of Art and Design CA
$29,565
$42,000
$12,435
7 99 Lehigh University PA
$64,562
$76,800
$12,238
8 99 Alderson Broaddus University WV
$31,769
$43,400
$11,631
9 99 Texas A & M International University TX
$33,695
$45,200
$11,505
10 99 California State University-Bakersfield CA
$37,028
$48,100
$11,072

Some surprises here.

(ljs)

https://lawprofessors.typepad.com/legal_skills/2015/11/a-ranking-colleges-where-grads-earn-more-than-expected.html

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