<p>I wouldn’t take it to that level. I was objecting in general to the idea that LACs allow more research opportunity because of the lack of grad students. Obviously it’s a case by case basis, but when we’re using a broad brush when discussing colleges (e.g. LAC’s versus specific schools), I think we’re shooting for a majority of situations and not every specific instance.</p>
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<p>There’s most likely a good bit of self-selection in that analysis. Students more interested in industry positions would more likely than not avoid a research-oriented program.</p>