3 ms·
And in January, the unemployment rate for college grads was 3.7 percent, as opposed to 8.1 percent for those with only high school diplomas. Those are average
by lquist 13y ago
And in January, the unemployment rate for college grads was 3.7 percent, as opposed to 8.1 percent for those with only high school diplomas.
Those are average numbers across the board, and perhaps the opportunities that come from a high-profile program like the Thiel Fellowship outweigh those for the average college student. But at least for now, the data shows college is the more lucrative path.
??
Correlation does not imply causation.
- shaldengeki 13y agoIn general, you're right. But I think you'd be hard-pressed to defend the claim that there is no causative relationship whatsoever flowing from college education to employment. I don't think it's terribly controversial to claim that employers pretty universally view more education as a positive factor on job applications, all other things held equal. edit: to elaborate further, I think you might be bringing up the wrong fallacy here - at least, if you're looking to highlight the problems with representing program participants by the general population of high school-educated people.
- lquist 13y agoWhat I'm saying is that it's not obvious that if the student who was admitted to Harvard decided not to go, he'd make less than the student who was admitted and did go.