Choosing Your College - How College Rankings Affect Your Future Income
This is part one of a three-part series centered around "Choosing Your College"...
Please subscribe to make sure you don't miss part two and part three (I would also greatly appreciate it!).
Timestamps:
00:00 The Excitement Factor - Your Dream School
01:45 College Rankings influence us
03:20 College Rankings Examined
07:00 A helpful example…
09:17 Regression Analysis On Earnings Difference
What college will give me the best career opportunities?
Well, College rankings are supposed to help us with this. Used by millions of Americans every year...college rankings, like the US News College Rankings, Forbes College Rankings, and many others, are designed to help us sort through the noise and pick a great college.
So, how do college rankings correlate with future income? For example, if private school graduates make more, should one attend a higher ranked, more expensive private school?
Definitely worth the consideration…maybe it’s because higher ranked schools have more talented, driven kids, and by surrounding yourself with that student body, one increases the likelihood of success. That’s an easy story to get behind…
Maybe the graduates are making more because they enjoy a smaller class size, and/or better Professors. Maybe the brand name gets them better interviews…whatever the reason, the difference is there - but, how big of an income difference is it? And what exactly causes it?
In this video, we will examine this using the data...not just opinions or anecdotal stories.
Michael MacKelvie
Founder, College Guide Pro
KEYWORDS
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