job placement - College Admission Counseling https://greatcollegeadvice.com Great College Advice Fri, 15 Aug 2025 10:30:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://greatcollegeadvice.com/wp-content/uploads/2025/01/758df36141c47d1f8f375b9cc39a9095.png job placement - College Admission Counseling https://greatcollegeadvice.com 32 32 Updated Research on Elite Colleges and Earnings https://greatcollegeadvice.com/updated-research-on-elite-colleges-and-earnings/?utm_source=rss&utm_medium=rss&utm_campaign=updated-research-on-elite-colleges-and-earnings Tue, 08 Mar 2011 16:01:22 +0000 https://greatcollegeadvice.com/?p=7131 Are elite colleges going to help you get a job after graduation? An updated study says "no".

The post Updated Research on Elite Colleges and Earnings first appeared on College Admission Counseling.

]]> We have written several posts on this blog regarding the “value” of elite colleges.  We have discussed the hype of Ivy League schools and the cost vs. value of a pricey private school education.  I have also discussed how many of the families I work with are often concerned about whether or not their student will be able to get a job after graduating from X college.
The debate about the value of an elite college is nothing new, but last month, The New York Times published an article on an updated study that argued that elite colleges did not give graduates “an earnings boost”.   Two economists, Stacy Dale and Alan Krueger, produced the original study a decade ago.  The new version looked a wider variety of schools while taking a look at the earnings of people in their 40’s and 50’s in addition to recent graduates.
The article quotes Mr. Krueger in summarizing his findings: “My advice to students:  Don’t believe that the only school worth attending is the one that would not admit you.  That you go to college is more important than where you go. ”
I don’t think I could have said it better myself.
Katherine Price
Educational Consultant

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