@purple Titan “As I have stated before in this thread, I don’t think that you can draw the conclusion that you did from the data that you have. As many people have noted, salary is very dependent on major and profession.”
It is probably true that the most significant reason that NESCAC schools have lower salaries is that they do not offer many of the majors with the best paying jobs. However, I don’t see posters pointing out up front. It usually only gets mentioned as an excuse when someone specifically identifies the salary gap. It really should be disclosed. The facts are that many students and parents do not know this.
Another significant factor that contributes to the gap is that at a school with a full range of options a student can change their mind for a year or two into the process and decide to change to engineering or business. There is value in having the option to change your mind later. That can’t happen at an LAC that does not have these programs.
Many posters think this information is obvious, but to many applying students and their parents, it isn’t. Schools really should provide better transparency to applicants in terms of salary and employment data, so students and parents can make informed decisions. Many of the applicants will not care, but some of them will.
@clarinetdad16 “Here is the tool and the methodology. It’s a shame that some don’t like the output so they dispute the results.”
Exactly! People don’t like the salary results from The Economist’s extensive government data, so they don’t want to hear it.