3 ms·

The Value of Education in a Recession

2 points by robg 17y ago

tokenadult 17y ago
As usual, this confuses the direction of causation, because the people with higher education came from richer families in the first place. Here are some links about the issue. The overall picture in the past decade has been that high-ability, low-income students are at a clear disadvantage in the college admission process compared to low-ability, high-income students. (The links below are in approximate chronological order of publication, from oldest to newest.) Is anything changing recently about this? http://www.businessweek.com/magazine/content/03_27/b3840045_mz007.htm http://www.businessweek.com/magazine/content/03_27/b3840045_... http://www.educause.edu/ir/library/pdf/ffp0621.pdf http://www.educause.edu/ir/library/pdf/ffp0621.pdf http://www.educause.edu/ir/library/pdf/ff0615S.pdf http://www.educause.edu/ir/library/pdf/ff0615S.pdf http://www.tcf.org/Publications/Education/carnrose.pdf http://www.tcf.org/Publications/Education/carnrose.pdf http://www.tcf.org/Publications/Education/kahlenberg-affaction.pdf http://www.tcf.org/Publications/Education/kahlenberg-affacti... http://harvardmagazine.com/2005/05/a-thumb-on-the-scale.html http://harvardmagazine.com/2005/05/a-thumb-on-the-scale.html http://www.theatlantic.com/doc/200511/financial-aid-leveraging/4 http://www.theatlantic.com/doc/200511/financial-aid-leveragi... http://www.thecrimson.com/article.aspx?ref=510012 http://www.thecrimson.com/article.aspx?ref=510012 http://www.equaleducation.org/commentary.asp?opedid=1240 http://www.equaleducation.org/commentary.asp?opedid=1240 http://www.jkcf.org/assets/files/0000/0084/Achievement_Trap.pdf http://www.jkcf.org/assets/files/0000/0084/Achievement_Trap.... http://www.reason.com/news/show/123910.html http://www.reason.com/news/show/123910.html http://www.ihep.org/publications/publications-detail.cfm?id=117 http://www.ihep.org/publications/publications-detail.cfm?id=... http://www.boston.com/news/education/higher/articles/2008/11/10/colleges_reach_out_to_poorer_students?mode=PF http://www.boston.com/news/education/higher/articles/2008/11... http://www.google.com/hostednews/ap/article/ALeqM5hkBGMsvJKRKaL67qxkOCaDByDJFAD94R70G02 http://www.google.com/hostednews/ap/article/ALeqM5hkBGMsvJKR...
johnnybgoode 17y ago
I'm going to create a new credential called a "gyuhjk". Then, I'm going to take over the government and require gyuhjks to enter certain professions. I'm also going to massively fund and regulate the granting of gyuhjks. In addition to this, I will make sure virtually everyone who grows up in my territory will be conditioned to value gyuhjks, no matter how much or how little they really matter. But it will still generally be very expensive to get a gyuhjk, of course, in terms of both time and money. After I do all of this, when holding a gyuhjk is shown to correlate with higher earnings, I'm going to use that as evidence when I tell people they really, really, really need a gyuhjk. And I might even be right sometimes, though not because gyuhjks were ever really as inherently important as I always claim.

2 points by robg 17y ago

As usual, this confuses the direction of causation, because the people with higher education came from richer families in the first place. Here are some links about the issue. The overall picture in the past decade has been that high-ability, low-income students are at a clear disadvantage in the college admission process compared to low-ability, high-income students. (The links below are in approximate chronological order of publication, from oldest to newest.) Is anything changing recently about this? http://www.businessweek.com/magazine/content/03_27/b3840045_mz007.htm http://www.businessweek.com/magazine/content/03_27/b3840045_... http://www.educause.edu/ir/library/pdf/ffp0621.pdf http://www.educause.edu/ir/library/pdf/ffp0621.pdf http://www.educause.edu/ir/library/pdf/ff0615S.pdf http://www.educause.edu/ir/library/pdf/ff0615S.pdf http://www.tcf.org/Publications/Education/carnrose.pdf http://www.tcf.org/Publications/Education/carnrose.pdf http://www.tcf.org/Publications/Education/kahlenberg-affaction.pdf http://www.tcf.org/Publications/Education/kahlenberg-affacti... http://harvardmagazine.com/2005/05/a-thumb-on-the-scale.html http://harvardmagazine.com/2005/05/a-thumb-on-the-scale.html http://www.theatlantic.com/doc/200511/financial-aid-leveraging/4 http://www.theatlantic.com/doc/200511/financial-aid-leveragi... http://www.thecrimson.com/article.aspx?ref=510012 http://www.thecrimson.com/article.aspx?ref=510012 http://www.equaleducation.org/commentary.asp?opedid=1240 http://www.equaleducation.org/commentary.asp?opedid=1240 http://www.jkcf.org/assets/files/0000/0084/Achievement_Trap.pdf http://www.jkcf.org/assets/files/0000/0084/Achievement_Trap.... http://www.reason.com/news/show/123910.html http://www.reason.com/news/show/123910.html http://www.ihep.org/publications/publications-detail.cfm?id=117 http://www.ihep.org/publications/publications-detail.cfm?id=... http://www.boston.com/news/education/higher/articles/2008/11/10/colleges_reach_out_to_poorer_students?mode=PF http://www.boston.com/news/education/higher/articles/2008/11... http://www.google.com/hostednews/ap/article/ALeqM5hkBGMsvJKRKaL67qxkOCaDByDJFAD94R70G02 http://www.google.com/hostednews/ap/article/ALeqM5hkBGMsvJKR...

johnnybgoode 17y ago

I'm going to create a new credential called a "gyuhjk". Then, I'm going to take over the government and require gyuhjks to enter certain professions. I'm also going to massively fund and regulate the granting of gyuhjks. In addition to this, I will make sure virtually everyone who grows up in my territory will be conditioned to value gyuhjks, no matter how much or how little they really matter. But it will still generally be very expensive to get a gyuhjk, of course, in terms of both time and money. After I do all of this, when holding a gyuhjk is shown to correlate with higher earnings, I'm going to use that as evidence when I tell people they really, really, really need a gyuhjk. And I might even be right sometimes, though not because gyuhjks were ever really as inherently important as I always claim.