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Demand and supply. It's that simple. The education you get from a "top" college isn't better than the education you get from an "average" college. They are usin
by mbrodersen 10y ago
Demand and supply. It's that simple. The education you get from a "top" college isn't better than the education you get from an "average" college. They are using the same text books and teaching the same material. However having a "top" college name on your CV gives you an edge in the job market. Whether that edge actually is worth the money you pay is questionable though.
- mbrodersen 10y agoBy the way the reason why we know that the education you get at a "top" college isn't better, has been shown by looking at students who were accepted to "top" colleges but instead chose to go to a local college instead; and comparing the long term earnings etc. outcome. There were no differences. In other words, people do well based on their abilities. Not whether they go to college A or B.