Going to Harvard increases students’ earning power (more than other top schools), for example, through better networking opportunities.
I don’t know what’s going on but due to this study, I have little faith in elite colleges to actually increase a student’s earning power.
I remember someone on here saying that Harvard is actually cheaper for a middle-class family than many other schools due to financial aid. But I wonder how much that matters. It may be that the kind of college preparatory experiences that help a person be admitted to Harvard are disproportionately available to the wealthy, so that a strong bias remains.
I don’t know what’s going on but due to this study, I have little faith in elite colleges to actually increase a student’s earning power.
I remember someone on here saying that Harvard is actually cheaper for a middle-class family than many other schools due to financial aid. But I wonder how much that matters. It may be that the kind of college preparatory experiences that help a person be admitted to Harvard are disproportionately available to the wealthy, so that a strong bias remains.