I genuinely don't understand how you don't have more subscribers and views. The content is really high quality, and I promise if you stick with this your going to be rewarded for it sooner than later.
In my opinion, if Michael sticks to it, it's only a matter of "when", not "if". Discovered this channel through one NBA-related videos a day ago and nearly done watching all of his vids. Very high quality & informative videos!
It's important to note that a lot of prestigious wall street jobs (investment banking and private equity) recruit from a set of target schools (basically all prestigious universities). And the top MBA programs like Harvard and Stanford select the vast majority of students from top undergrad schools. Both of these are backed by data from large surveys.
This is true. But the question is why do they do that? There’s a large majority of people who believe this is due to the fact that these prestigious schools are mostly made up of children from wealthy, well connected families. These families are more likely to know (and maybe even have inside knowledge from) influential people in influential areas of the economy, political arena, investment banks themselves, etc.
Payscale's data seems to indicate that earnings are mostly determined by choice of college major and where you decide to move after college, with a college's impact mostly being the indirect one that you're more likely to stay living in the area your college was in.
Hello Michael, I think that every high-school senior should be forced to watch your 3 videos on this college rankings subject. It will likely make them more sober, reduce stress and hopefully also force them to really look inward and ponder as to what do they really want out of their college experience and hence to act rationally - instead of becoming part of the toxic college admissions rat-race. Kudos to you for doing these videos. And Thanks!!!!
I was recently told by a UCLA Engineering Alum that he had trouble getting a job after graduation as California Polytechnic grads were preferred in his field. UCLA emphasized theory and research while Cal Poly emphasized "learning by doing". I attended Kettering University which was a 5 year engineering school with co-op experience the full 5 years. School work is one thing, being able to demonstrate and apply is another thing.
Co-Op seems to be perhaps the most feasible way Uni’s (especially regional ones struggling for enrollment) can stay relaxant and valuable…as enrollment drops I see Co-Ops increasing…
I was doing an interview at Chrysler for a college project and I said off-hand which colleges are the best for engineering? Since I'm in Michigan he said we'll accept someone from Lawrence Tech who got a C over someone from U of Michigan who got an A. He said Lawrence Tech is much more difficult and the students aren't nearly as arrogant and think they know everything when they come in. He also said they'd take Michigan State over UM for the same reason but the training is about the same.
This was a phenomenal series. Great message and you presented it in a very fun and entertaining way. You are surely helping thousands of young kids who are struggling with this decision.
I have worked in IT for 25 years at fortune 500 companies and smaller companies. At the larger companies a degree was an admission ticket you simply had to have it, no one cared or asked where I went at all. Just make sure it is a regionally accredited school.
Thank you! This is the vibe for each vid going forward...putting a lot more effort into production/writing to make it an experience for the viewer, not just information. Appreciate the kind words!
Prestige does tend to matter in fields where connections are king. This mostly means law and business/finance. Some law firms only hire from certain institutions, similar with Wall Street, but outside of these few, prestigious institutions aren’t the factor, quality is.
All of this might be true. But my and my brother’s actual experience over the last 20 yrs do show an unfair advantage. Both scored similar on act = 28 (me), 29 (him) Both average students. Both studied econ in undergrad. He went to a southern state school….. i managed to get in an ivy through the back door ( denied, then appealed, then interview, then waitlisted and finally admitted). We were basically avg good students… he graduated in the middle 50% i graduated jn the bottom 3rd. Similar avg gpa. We both went into consulting jobs. I unfairly had doors opened multiple times in my career simply because of an alumn connection. Over the last 20 yrs i have had a heck of a lot more financial success than he did. The opportunities i have received were not because i was smart or better than him. It only because i had perceived “better” pedigree. At the end of the day we both do a good job at our respective jobs. But there is no denying i had a much easier road than him…..just my 0.02
The only conclusion which can be drawn from the data presented is that choosing between private and public schools on average will not impact a student's long-term earning potential. That does not mean that selection of a specific institution is unimportant. If the data were to by sliced by some measurable proxy for prestige (program ranks, for example), I anticipate that a statistically significant difference would emerge between a Top 10 program in a field and a generic program in that same field. So maybe Michigan and Harvard have the same average earning potential, but I can't imagine those being the same as the University of Wyoming or East Carolina.
Love the content man. However, it is important to note that the study did not distinguish between different majors and this may lead to a false narrative imo. For example, myself as a finance student, know that target universities are a real thing for IB, MBB, etc recruiting. Essentially, the university you went to is the difference between getting that investment banking interview or not. So in niche cases (like business or finance for example), the college you went to can be the deciding factor between a career in high finance or a career in Big 4, etc... and of course the difference in salary is palpable.
Robert Reich is a great person to listen to when talking about colleges, legacy admissions, political power and "who you know" while both going to school and graduating. If you want to design bridges, maybe it doesn't matter which school you go to, but if you want to shape the future of the country, it helps to rub elbows with the other movers and shakers who run the country. Rob just dropped a video about his professor and being classmates with the Clintons. That wouldn't have been true if he had gone somewhere else.
I feel the study you mentioned as the best one should have a link in your description, first is kinda old, second I can bet it has been disputed as controlling for the avg sat score of a school is in a way dismissing that more selective colleges will tend to be paid better, to be realistic when making a choise, in theory you will have the same sucess probability ONLY if both colleges you are applying have the same avg sat score, finally I would quote something that seems wuite relevant to people that aren't white. "our estimates of the return to college selectivity fall substantially and are generally indistinguishable from zero. There were notable exceptions for certain subgroups. For black and Hispanic students and for students who come from less-educated families (in terms of their parents' education), the estimates of the return to college selectivity remain large, even in models that adjust for unobserved student characteristics."
Love your videos and juat discovered your channel. I agree with your endpoint that the gap between these elite and state schools is shrinking. The dale and kreuger study has several flaws, such as having buckets of incomes that only cap at around 200k or 250k (i don't fully remember the number). So, there are these outliers that are not properly being accounted for. Also, no one really talks about how much easier it is to simply find a job with a better degree. Maybe they dont enjoy their job or get paid more, but it is much easier to find a job.
Appreciate the feedback - no study is perfect...would be interesting to see it with those outliers included...then again, the question would be "was the school responsible for these outliers?".
Who would have thought that if you are good, no matter what college you went to, you will be successful. As a Canadian working for an American corporation I am always baffled at how much the US "values" where you went. I am like, I went to school in a college none of you guys ever heard of and I still got the job (in fact I got recruited). The only thing that matters is that I am good at it.
I think there would be a higher difference in outcomes if the 'less selective' school wasn't one of the best in the country (uni of michigan). Personally when I think of less selective schools i think of state schools and ccs. Universities within 20 ranks of each other are going to be very similar in caliber, and I would honestly say anything within 50 ranks would be extremely similar in outcomes.
10:47 the special sauce is called making friends at the Ivy League schools who’s corrupt politician/corporate familial connections can provide you with a job and cash in the nepotism.
No. The next best thing is looking at NATURAL experiments, that still randomize people into different arms that you're interested in comparing/contrasting. "Controls" that you're referring to aren't controls at all. They're just retroactively bucketing or categorizing not-randomized observations. Observational relationships can never show causality.
what would be a natural experiment? Obviously an experiment would be the best way to test this, but what you say as natural experiment would not escape at all confounders, each school will always have it's biases that's why we need control variables, they are called like that so he is correct even if he wasn't super clear, and they help to remove the biases of belonging to an school an try to simulate an actual experiment, sometimes this is the only way it is imperfect but you can look at other techniques like propensity score matching that are our best bet to look at this kind of observational data. the video wasn't perfect tough I think only one study fails to be representative, we don't see how much data an at what colleges it looked, also and, more importantly the avg sat score of the school being removed from the equation seems like non sense to mee, this is basically part of the brand of a college, you would expect a more selective college to have a higher sat score if you control for that you are removing biases not of the individual but of the school and this to me doesn't make any sense.
@@gaboqv A natural experiment is something that controls/randomly assigns NATURALLY. Examples are Mendelian randomization, where we let a random genetic mutation sort otherwise-equal (not perfect, but actually extremely close to perfect) people into control and experimental groups, bajillions of experiments based on the arbitrariness of different jurisdictions adopting similar/same policies at different times (smoking, seat belts, universal health coverage), natural disasters, and many more. The first and most commonly-cited natural experiment is the cholera outbreak where the people of London had arbitrarily-different water pumps, and John Snow traced a specific outbreak to use of a specific pump. They dismantled it, and that mini-outbreak stopped. "each school will always have it's biases" Not only is this not English, it's irrelevant. All ONE school has to do to experimentally learn the value of its degrees is collect incoming students who sign a contract that they'll accept the random assignment to control and experimental groups if accepted. Of those students, you randomly assign some to attend school after they're accepted, and some to not attend ANY school (important!) after they're accepted, and then you measure their financial outcomes. "he is correct even if he wasn't super clear" Nope. He is incorrect and I am correct. He is perfectly clear, and perfectly wrong. There is NO causal evidence that college degrees CAUSE ANY increase in earnings. It's purely correlation. "they help to remove the biases of belonging to an school an try to simulate an actual experiment" This isn't English, AND it's incoherent. Don't "try" to "simulate" an actual experiment. DO an experiment, OR admit you don't know anything CAUSAL about the matter at hand. "sometimes this is the only way it is imperfect but you can look at other techniques like propensity score matching that are our best bet to look at this kind of observational data" There's nothing to learn from observational data, except THAT the correlation(s) exist(s). Which we already know, and fully accept. "I think only one study fails to be representative" None of the studies mean anything about what we're interested in, which is whether (and to what degree) various college degrees CAUSE differences in earnings. "more importantly the avg sat score of the school being removed from the equation seems like non sense to mee," Well, you're clearly an idiot. Because SAT score is just an IQ test, and how smart someone is OBVIOUSLY CAUSES them to earn more money the smarter they are. "you would expect a more selective college to have a higher sat score if you control for that you are removing biases not of the individual but of the school and this to me doesn't make any sense." No. That was an INGENIOUS attempt at a natural experiment. That you don't understand it makes sense. You're not very full of good beliefs, and you're also not very smart. No worries.
There is selection bias here, due to the country selection: This holds for the peculiar case of the U.S. where academic education is completely privatized and your entry into the "top" univerisities depends on the depth of your parents' pockets. In my country and for many countries in Europe in general, your entry into a top tier university depends mostly on your high school performance/grades. This means that in the rest of the world the correlation between: good grades - university level - job salary/level exists. Because the top performing high school students (which turn into the most successful workers) populate the top universities. But for the US, the correlation is: deep family pockets - university level. So the top universities are populated by people born into wealth instead of highly motivated students.
Amazing video , really helpful ❤ I got my Econ degree in one of the best university in Iran , now I’m looking forward getting my master degree in Canada! Do you have any suggestions that I can gather data efficiently about universities rather than relying on ranking???
Thank you! And great question...from my experience, the biggest mistake students make is not considering the financial aspect when choosing a college. It's as if we have two independent decisions: a financial one, and a personal one. This is...quite literally...a massive oversimplification, and misunderstanding. The financial aspects of our life can become VERY personal rather quickly...
I would agree with him at the median, but at the extreme ends of academic achievement & performance, I find his claims extremely dubious. Moreover, it’s fallacious to attribute facts about the population to the individual. I understand playing the odds, and I think it is good video, but he misses some things with regard to outliers imo.
@@michaelmackelvie I don’t see how referencing a study completed nearly 30 years ago is a good way to support any claims to the current world. I know you spent a lot of time and effort on this video and I agree that college choices don’t directly affect income but I don’t think using a study almost 30 years old is a fair source of research.
People don't like to hear it, but IQ is king. SAT's track very strongly with IQ. "Education" is a myth. A school is good or bad almost invariably based on the IQ of the students.
I genuinely don't understand how you don't have more subscribers and views. The content is really high quality, and I promise if you stick with this your going to be rewarded for it sooner than later.
Just found his channel - def agree. Feel like its going to blow up soon
The one on the NFL draft... Listened to it three times. Super agree
Just a proof that people ignore quality content 😢
Probably something to do with the dumb algorithm
In my opinion, if Michael sticks to it, it's only a matter of "when", not "if". Discovered this channel through one NBA-related videos a day ago and nearly done watching all of his vids. Very high quality & informative videos!
It's important to note that a lot of prestigious wall street jobs (investment banking and private equity) recruit from a set of target schools (basically all prestigious universities). And the top MBA programs like Harvard and Stanford select the vast majority of students from top undergrad schools. Both of these are backed by data from large surveys.
This is true. But the question is why do they do that? There’s a large majority of people who believe this is due to the fact that these prestigious schools are mostly made up of children from wealthy, well connected families. These families are more likely to know (and maybe even have inside knowledge from) influential people in influential areas of the economy, political arena, investment banks themselves, etc.
Interesting point
They obviously mistook Penn State for University of Pennsylvania, which actually does have a top law school
Payscale's data seems to indicate that earnings are mostly determined by choice of college major and where you decide to move after college, with a college's impact mostly being the indirect one that you're more likely to stay living in the area your college was in.
Excellent videos! The ones on the NFL draft and renting vs buying were what brought me in, but these have all been good so far.
Hello Michael,
I think that every high-school senior should be forced to watch your 3 videos on this college rankings subject. It will likely make them more sober, reduce stress and hopefully also force them to really look inward and ponder as to what do they really want out of their college experience and hence to act rationally - instead of becoming part of the toxic college admissions rat-race.
Kudos to you for doing these videos. And Thanks!!!!
Watching this video should be a mandatory homework assignment for every high school junior in America. Fantastic work!
Wow, thank you!
I was recently told by a UCLA Engineering Alum that he had trouble getting a job after graduation as California Polytechnic grads were preferred in his field. UCLA emphasized theory and research while Cal Poly emphasized "learning by doing". I attended Kettering University which was a 5 year engineering school with co-op experience the full 5 years. School work is one thing, being able to demonstrate and apply is another thing.
Co-Op seems to be perhaps the most feasible way Uni’s (especially regional ones struggling for enrollment) can stay relaxant and valuable…as enrollment drops I see Co-Ops increasing…
I was doing an interview at Chrysler for a college project and I said off-hand which colleges are the best for engineering? Since I'm in Michigan he said we'll accept someone from Lawrence Tech who got a C over someone from U of Michigan who got an A.
He said Lawrence Tech is much more difficult and the students aren't nearly as arrogant and think they know everything when they come in. He also said they'd take Michigan State over UM for the same reason but the training is about the same.
Amazing videos my man. The depth and breadth of your research and your ability to convey information is a thing or beauty
i love that you made one sports video that blew up and switched to all sports videos. But this stuff is all fire as well. More of this please.
This was a phenomenal series. Great message and you presented it in a very fun and entertaining way. You are surely helping thousands of young kids who are struggling with this decision.
Thanks Josh! Much appreciated my friend
I have worked in IT for 25 years at fortune 500 companies and smaller companies. At the larger companies a degree was an admission ticket you simply had to have it, no one cared or asked where I went at all. Just make sure it is a regionally accredited school.
I want to work for IT in America. Im foreign. Can we chat?
You are on your way to 100K+ subscribers. High quality and unique content. Superb.
Mike , you're making some amazing videos clear and concise. I think more people should watch your videos
Thank you! Really appreciate that...will keep pumpin!
This is such an eye opener on a very opinionated subject. Can you do the same video but on law schools? That would be awesome!!
Hey I love your videos! I love how you bring data together, your visuals and your audio is great!
This channel is an absolute gem
The quality of this video is fantastic. A mini, RUclips documentary. I love it
Thank you! This is the vibe for each vid going forward...putting a lot more effort into production/writing to make it an experience for the viewer, not just information. Appreciate the kind words!
I feel smarter already, thanks bro. I love your videos, subscriber for life!
Thanks Ryan! Much appreciated…
This is such high quality content. The presentation is excellent. Enjoying the different topics. Keep going.
Prestige does tend to matter in fields where connections are king. This mostly means law and business/finance. Some law firms only hire from certain institutions, similar with Wall Street, but outside of these few, prestigious institutions aren’t the factor, quality is.
All of this might be true. But my and my brother’s actual experience over the last 20 yrs do show an unfair advantage. Both scored similar on act = 28 (me), 29 (him) Both average students. Both studied econ in undergrad. He went to a southern state school….. i managed to get in an ivy through the back door ( denied, then appealed, then interview, then waitlisted and finally admitted).
We were basically avg good students… he graduated in the middle 50% i graduated jn the bottom 3rd. Similar avg gpa.
We both went into consulting jobs.
I unfairly had doors opened multiple times in my career simply because of an alumn connection. Over the last 20 yrs i have had a heck of a lot more financial success than he did. The opportunities i have received were not because i was smart or better than him. It only because i had perceived “better” pedigree. At the end of the day we both do a good job at our respective jobs. But there is no denying i had a much easier road than him…..just my 0.02
Skip college all together unless you field of study and career choice REALLY MATTERS! (And most don’t.)
Great content. Thank you for doing this work. I truly believe this message needs to be spread!
The only conclusion which can be drawn from the data presented is that choosing between private and public schools on average will not impact a student's long-term earning potential. That does not mean that selection of a specific institution is unimportant. If the data were to by sliced by some measurable proxy for prestige (program ranks, for example), I anticipate that a statistically significant difference would emerge between a Top 10 program in a field and a generic program in that same field. So maybe Michigan and Harvard have the same average earning potential, but I can't imagine those being the same as the University of Wyoming or East Carolina.
Love the content man. However, it is important to note that the study did not distinguish between different majors and this may lead to a false narrative imo. For example, myself as a finance student, know that target universities are a real thing for IB, MBB, etc recruiting. Essentially, the university you went to is the difference between getting that investment banking interview or not. So in niche cases (like business or finance for example), the college you went to can be the deciding factor between a career in high finance or a career in Big 4, etc... and of course the difference in salary is palpable.
Robert Reich is a great person to listen to when talking about colleges, legacy admissions, political power and "who you know" while both going to school and graduating. If you want to design bridges, maybe it doesn't matter which school you go to, but if you want to shape the future of the country, it helps to rub elbows with the other movers and shakers who run the country. Rob just dropped a video about his professor and being classmates with the Clintons. That wouldn't have been true if he had gone somewhere else.
fantastic series, shocked so few views
Your vid’s are amazing dude, keep going!
I feel the study you mentioned as the best one should have a link in your description, first is kinda old, second I can bet it has been disputed as controlling for the avg sat score of a school is in a way dismissing that more selective colleges will tend to be paid better, to be realistic when making a choise, in theory you will have the same sucess probability ONLY if both colleges you are applying have the same avg sat score, finally I would quote something that seems wuite relevant to people that aren't white.
"our estimates of the return to college selectivity fall substantially and are generally indistinguishable from zero. There were notable exceptions for certain subgroups. For black and Hispanic students and for students who come from less-educated families (in terms of their parents' education), the estimates of the return to college selectivity remain large, even in models that adjust for unobserved student characteristics."
You're an incredible storyteller
Great stuff dude!
That's truly insightful, Respect!!!
Thank you! Put a lot of work into these vids...so I appreciate it.
This is sum high quality content…. Subscribed ✅ I will be looking forward to your next videos🤌🤌
Thanks man! Appreciate that…
Love your videos and juat discovered your channel. I agree with your endpoint that the gap between these elite and state schools is shrinking. The dale and kreuger study has several flaws, such as having buckets of incomes that only cap at around 200k or 250k (i don't fully remember the number). So, there are these outliers that are not properly being accounted for. Also, no one really talks about how much easier it is to simply find a job with a better degree. Maybe they dont enjoy their job or get paid more, but it is much easier to find a job.
Appreciate the feedback - no study is perfect...would be interesting to see it with those outliers included...then again, the question would be "was the school responsible for these outliers?".
Thank you so much. Going to have my kids subscribe to your channel.
Any thoughts about which colleges affect personal development most and best teach critical thinking.
Amazing stuff very interesting
Who would have thought that if you are good, no matter what college you went to, you will be successful.
As a Canadian working for an American corporation I am always baffled at how much the US "values" where you went.
I am like, I went to school in a college none of you guys ever heard of and I still got the job (in fact I got recruited). The only thing that matters is that I am good at it.
I think there would be a higher difference in outcomes if the 'less selective' school wasn't one of the best in the country (uni of michigan). Personally when I think of less selective schools i think of state schools and ccs. Universities within 20 ranks of each other are going to be very similar in caliber, and I would honestly say anything within 50 ranks would be extremely similar in outcomes.
that was just an example you would need to look at the study specifically, but I would bet that there were many more colleges in the study.
10:47 the special sauce is called making friends at the Ivy League schools who’s corrupt politician/corporate familial connections can provide you with a job and cash in the nepotism.
Great video. Just wondering: what does it mean to attend a higher ranked/more prestigious school but correct for average SAT score accepted?
Video recommendation: The true value of an MBA.
Amazing content
No. The next best thing is looking at NATURAL experiments, that still randomize people into different arms that you're interested in comparing/contrasting. "Controls" that you're referring to aren't controls at all. They're just retroactively bucketing or categorizing not-randomized observations. Observational relationships can never show causality.
what would be a natural experiment? Obviously an experiment would be the best way to test this, but what you say as natural experiment would not escape at all confounders, each school will always have it's biases that's why we need control variables, they are called like that so he is correct even if he wasn't super clear, and they help to remove the biases of belonging to an school an try to simulate an actual experiment, sometimes this is the only way it is imperfect but you can look at other techniques like propensity score matching that are our best bet to look at this kind of observational data.
the video wasn't perfect tough I think only one study fails to be representative, we don't see how much data an at what colleges it looked, also and, more importantly the avg sat score of the school being removed from the equation seems like non sense to mee, this is basically part of the brand of a college, you would expect a more selective college to have a higher sat score if you control for that you are removing biases not of the individual but of the school and this to me doesn't make any sense.
@@gaboqv A natural experiment is something that controls/randomly assigns NATURALLY. Examples are Mendelian randomization, where we let a random genetic mutation sort otherwise-equal (not perfect, but actually extremely close to perfect) people into control and experimental groups, bajillions of experiments based on the arbitrariness of different jurisdictions adopting similar/same policies at different times (smoking, seat belts, universal health coverage), natural disasters, and many more.
The first and most commonly-cited natural experiment is the cholera outbreak where the people of London had arbitrarily-different water pumps, and John Snow traced a specific outbreak to use of a specific pump. They dismantled it, and that mini-outbreak stopped.
"each school will always have it's biases" Not only is this not English, it's irrelevant. All ONE school has to do to experimentally learn the value of its degrees is collect incoming students who sign a contract that they'll accept the random assignment to control and experimental groups if accepted. Of those students, you randomly assign some to attend school after they're accepted, and some to not attend ANY school (important!) after they're accepted, and then you measure their financial outcomes.
"he is correct even if he wasn't super clear" Nope. He is incorrect and I am correct. He is perfectly clear, and perfectly wrong. There is NO causal evidence that college degrees CAUSE ANY increase in earnings. It's purely correlation.
"they help to remove the biases of belonging to an school an try to simulate an actual experiment" This isn't English, AND it's incoherent. Don't "try" to "simulate" an actual experiment. DO an experiment, OR admit you don't know anything CAUSAL about the matter at hand.
"sometimes this is the only way it is imperfect but you can look at other techniques like propensity score matching that are our best bet to look at this kind of observational data" There's nothing to learn from observational data, except THAT the correlation(s) exist(s). Which we already know, and fully accept.
"I think only one study fails to be representative" None of the studies mean anything about what we're interested in, which is whether (and to what degree) various college degrees CAUSE differences in earnings.
"more importantly the avg sat score of the school being removed from the equation seems like non sense to mee," Well, you're clearly an idiot. Because SAT score is just an IQ test, and how smart someone is OBVIOUSLY CAUSES them to earn more money the smarter they are.
"you would expect a more selective college to have a higher sat score if you control for that you are removing biases not of the individual but of the school and this to me doesn't make any sense." No. That was an INGENIOUS attempt at a natural experiment. That you don't understand it makes sense. You're not very full of good beliefs, and you're also not very smart. No worries.
love your content
Thank you!
I googled Penn State Law School and they have a law school I don’t get it
Not when the study was done…
There is selection bias here, due to the country selection:
This holds for the peculiar case of the U.S. where academic education is completely privatized and your entry into the "top" univerisities depends on the depth of your parents' pockets.
In my country and for many countries in Europe in general, your entry into a top tier university depends mostly on your high school performance/grades.
This means that in the rest of the world the correlation between: good grades - university level - job salary/level exists. Because the top performing high school students (which turn into the most successful workers) populate the top universities.
But for the US, the correlation is: deep family pockets - university level. So the top universities are populated by people born into wealth instead of highly motivated students.
Amazing video , really helpful ❤
I got my Econ degree in one of the best university in Iran , now I’m looking forward getting my master degree in Canada! Do you have any suggestions that I can gather data efficiently about universities rather than relying on ranking???
Thank you! And great question...from my experience, the biggest mistake students make is not considering the financial aspect when choosing a college. It's as if we have two independent decisions: a financial one, and a personal one. This is...quite literally...a massive oversimplification, and misunderstanding. The financial aspects of our life can become VERY personal rather quickly...
If money wasn't an issue for you, and you could get into any university you want.
Wouldn't you choose the "best" (by the ranking you showed..)?
wow
There’s always the military. Free college is a beautiful thing
I would agree with him at the median, but at the extreme ends of academic achievement & performance, I find his claims extremely dubious. Moreover, it’s fallacious to attribute facts about the population to the individual. I understand playing the odds, and I think it is good video, but he misses some things with regard to outliers imo.
Uhmm… Penn State actually has TWO law schools since 2014. Penn State Law and Penn State Dickinson Law.
Correct - they did not have the law school at the time the survey was done...
@@michaelmackelvie when was this survey because Penn State acquired Dickinson law in 1997.
@@jordansommer26 1996.
@@michaelmackelvie I don’t see how referencing a study completed nearly 30 years ago is a good way to support any claims to the current world. I know you spent a lot of time and effort on this video and I agree that college choices don’t directly affect income but I don’t think using a study almost 30 years old is a fair source of research.
@@jordansommer26lol I think you entirely missed the point
People don't like to hear it, but IQ is king. SAT's track very strongly with IQ. "Education" is a myth. A school is good or bad almost invariably based on the IQ of the students.
BINGO! And they really don't wanna hear average intelligence scores by race. Biggest no no, even though it has been rigorously studied