Spot on. I find it amusing that people who talk about the benefits of college education fail to see the flaw in their argument* - apparently they could have us

Spot on. I find it amusing that people who talk about the benefits of college education fail to see the flaw in their argument* - apparently they could have used another stats course. *Any statistical analysis of the college/no college income differential needs to adjust for socioeconomic status, IQ, personality traits, opportunity costs of time and money, etc. I have yet to see a study that thoroughly does this and still shows the huge gains to college that a first glance presents.