> In theory, the best students go to the best colleges, receive the best education, and then take the best jobs. > In practice, this logic might be giving too

> In theory, the best students go to the best colleges, receive the best education, and then take the best jobs. > In practice, this logic might be giving too much credit to elite schools. > A paper in the July issue of the American Economic Journal: Applied Economics found no evidence that India’s most prestigious colleges offered a better education. But author Sheetal Sekhri said that they still boosted earnings. ... > The jump at zero indicates that scoring just high enough for admission to a public school increased salaries by approximately 8,000 rupees. To put that in perspective, entry-level jobs in the sample paid anywhere between 15,000 rupees and 40,000 rupees.