2 ms·
For someone who is finding holes in the OP’s reasoning, unfortunately, your linked post and statements lack rigor. “ Average College grads make more money over
by tmule 5y ago
For someone who is finding holes in the OP’s reasoning, unfortunately, your linked post and statements lack rigor.
“ Average College grads make more money over their lifetime, period.”
There are huge selection effects in play. It is true that even after controlling for these effects, college has economic value. But the statement about making more money isn’t the right framing at all. There’s a whole chapter on this in the book called “Mastering metrics”. You might want to pick that up - it’s a coffee-table book for the quantitative-minded person.