<p>
that’s the primary problem with this analysis.</p>
<p>The Krueger-Dale study indicates that CONTROLLING FOR APTITUDE, the difference between a HYPSM alum and say, UC Santa Barbara (Top 50 public as an example) is 2% earnings over 25 years for the student ACCEPTED TO ONE but MATRICULATING to the other.</p>
<p>2%.</p>
<p>The cream will rise no matter which college a high achieving high schooler chooses to attend. </p>
<p>GIGO, or better put, Quality In, Quality Out. The school itself has little or no financially relevant tranforming power. The earnings delta at 2% suggests the financial value of the more more prestigious school is minimal. The study does not measure other positive effects of attending a tippy top university – just financial.</p>