7 ms·
White graduates of Harvard make $94,000 more salary than their black classmates
- sp332 11y agoI don't see how they got that information from the linked Bloomberg source. There is this information about a gender gap though: https://www.bloomberg.com/news/articles/2015-10-20/the-real-cost-of-an-mba-is-different-for-men-and-women https://www.bloomberg.com/news/articles/2015-10-20/the-real-... What I'm mainly trying to figure out is if this is the mean (possibly affected by a few outliers) or a median. The gender pay gap is visible in the median.
- pavornyoh 11y agoThe title is disingenuous. It said [Will] and what fields is the writer referring to? And then it proceeded to, Thankfully the study wasn’t all bad for non-white business school grads. In three industries — real estate, manufacturing, and government — people of color earned more than Whites and Asians. So, what exactly is the writer saying?
- sp332 11y agoIt's based on a survey. 6-8 years after graduation, white MBA grads report $94k higher annual earnings than Asian grads.
- mbcrower 11y agoThat's not what the chart in the article shows
- sp332 11y agoThis chart? http://thehustle.co/wp-content/uploads/2016/01/1x-1.png http://thehustle.co/wp-content/uploads/2016/01/1x-1.png What does it say then?
- ksylvest 11y agoThat to me shows an income disparity of approximately 20,000 between white (and asian) men and black (and hispanic and native american) men 6 - 8 years after getting an MBA.
- sp332 11y agoOh you're right. That chart aggregates values from all the schools. But only Harvard Business School (mentioned in the headline) had a gap of $97,800.
- killface 11y agoit's newsworthy when men make more than women, or when whites make more than non-whites; however, it's only a passing statement (in the vein of a full diclosure type byline) in which the opposite is true. This article also fails to mention if the study controlled for types of law practiced by these people -- something that still persists in our "pay gap myth." A lot of the PoC and women that I know in law started out doing basically volunteer work, contract review, innocence project, public defender and environmental defense work, etc. While a lot of the white men went into patent law, divorce law, corporate law, etc. Basically higher-paying professions.
- mbcrower 11y agoHere's the original article from Bloomberg Business that this article ripped off: http://www.bloomberg.com/news/articles/2016-01-07/business-school-is-worth-22-000-more-if-you-re-white-or-asian http://www.bloomberg.com/news/articles/2016-01-07/business-s...
- verylongname 11y agoThis is hardly surprising given the greater than 100 point difference in average SAT scores between the two groups.
- DiversityinSV 11y agoThis note makes no sense. School source would equalize SAT differences. I doubt HBS would allow a 100 pt difference in SAT score for minority students vs. others. Instead, you can argue, despite normalizing for SAT score and for School choice, you still show inequality via income a few years later. Common HN opinion is that if only minorities would reach the same schools (Stanford, Harvard), they would not experience discrimination. However, as the OP shows, even adjusting for School, you end up with unexplained income variances between racial groups. Discussed here a few weeks back in the comments: https://news.ycombinator.com/item?id=10741116 https://news.ycombinator.com/item?id=10741116
- verylongname 11y agoActually, 100 points is an underestimate. At elite schools, there is a significant difference between the average SAT scores of admitted white students and admitted black students --- usually several hundred points. The average SAT scores of Asian students are about 30-50 points higher than those of admitted white students. These are facts and easily verifiable.
- rmxt 11y agoIf it's easily verifiable, do you have a source? (It might also help if the article was even talking about undergrad and/or SAT scores.)
- DiversityinSV 11y agoI agree with rmtx - show your Data & sources. The recent Supreme Court case on Affirmative Action (Fisher II) doesn't even present any SAT criteria reference in respect to affirmative action. More info below http://www.slate.com/articles/news_and_politics/supreme_court_dispatches/2015/12/fisher_v_university_of_texas_returns_to_scotus_the_justices_can_still_barely.html http://www.slate.com/articles/news_and_politics/supreme_cour...