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> We should look at the change in income for students drawn from the low-income population You'd really have to compare outcomes among a population of low-inco
by dudeinjapan 3y ago
> We should look at the change in income for students drawn from the low-income population
You'd really have to compare outcomes among a population of low-income students who equally "could have gone to Harvard" but some of them didn't for whatever reason. And even here there's a hazard of selection bias--as one example, a "reason" for not going to Harvard might be teenage pregnancy, which is certainly going to put a dent in economic outcome.
If you compare low income students in the top 5% of their HS class who went to state school vs. Harvard I'll bet the gap is smaller still. For example, here's a list of where Fortune 500 CEOs went to college--it's mostly state schools. Warren Buffett went to U. of Nebraska, Tim Cook to Auburn, Larry Page to U. Michigan, etc. https://twitter.com/daveckang/status/1667946905966637061 https://twitter.com/daveckang/status/1667946905966637061