attending a college with higher SAT scores clearly lowered the wages of women 17-26 years after starting college (in 1976) — a school with a 100-point higher average SAT score reduced earnings by about 6-7%! ...
One obvious explanation is that women at more elite colleges married richer classmate men, and so felt less need to earn money themselves. Why don’t the study’s authors want us to hear about that?
Hmmm. No one talks about that going on, but I have noticed that going on quite a bit. At my gym the childcare has a woman there who went to Northwestern's B-school, which is usually in the top-5. She decided to be a full time mom, and so does that just to break up the day. My wife did it for a while--she too is a college graduate who doesn't work outside the home. I think most women would prefer this option if they could (note: most merely means >50%).
Steve Sailer jumped on a different finding:
the finding that the average SAT score of the highest ranked school that rejected a student is a much stronger predictor of that student’s subsequent earnings than the average SAT score of the school the student actually attended should give pause to those who interpret conventional regression-based estimates of the effect of college characteristics as causal effects of the colleges themselves. ..
So, 'plausible chutzpah' is more important than actual grades. Again, that makes sense to me. Very interesting dynamics.
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