3 ms·
Reading the study (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2763720 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2763720) I'm amazed it did no
by jonmc12 9y ago
Reading the study (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2763720 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2763720) I'm amazed it did not consider parental income. Not only does parental income correlate strongly to child income as adults, but also to college acceptance. Most importantly in this case, parental income is usually used to pay fraternity dues.
Fraternities might give a strong sample set of students with poor parents being separated from students who have parents with moderate to high incomes. Not to mention the obvious cultural divisions that might keep a high percentage of low income students from being included in many fraternities.
- fred_is_fred 9y agoAre fraternity dues that onerous? At my school (which was now 15+ years ago) living in a fraternity was roughly cost equivalent (within 10-15%) to living in the dorms with a meal plan.
- TheAdamAndChe 9y agoWell for people without rich parents, the cost dorms with a meal plan is pretty onerous, and much more expensive than renting an apartment a little farther away. Adding 10-15% to that would limit it to the rich, the people who don't consider the cost, or the people who see the risk as worth it.