Join for FREE, and start talking with other members, weighing in on community discussions, and more.
Also, by registering and logging in you'll see fewer ads and pesky welcome messages (like this one!)
The Economist wrote:"To measure a university’s economic value, you need to compare the salaries of its graduates with the wages they might have earned had they studied elsewhere.
That figure cannot be known for sure, but [the federal government's recently released] scorecard makes it possible to produce an estimate. The Economist has built a model that, for each of 1,308 colleges, predicts the median earnings in 2011 of employed former students who applied for federal loans in 2001, based on the characteristics of each institution and its intake. The model both identifies the attributes shared by universities that produce lots of rich graduates, and predicts alumni wages for each college. Actual earnings can then be assessed against this benchmark."