|
| 03.05.2008 - Everyone Shouldn’t Go To College |
|
| Recently College Board presented to congress a report which concluded that college is “high yield” financial investment for all attendees. My preliminary analysis raised several questions about the methodology used to arrive at that conclusion. I subsequently exchanged emails with the primary author and after a few inquiries they provided the actual worksheet and formula used in that report. Although it’s puzzling why the data backing their conclusion is not published for all to read on their web site if it’s so convincingly advocates college… |
|
| 02.14.2008 - Letter to College Board Asking For Clarification & Corrections to Report About Financial Value of College Attendance |
|
| Dear Ms. Baum, I am writing in regards to the “Education Pays” report that you co-authored for the College Board. I appreciate the College Board attempting to get information distributed about the financial value of a college education. I think this is necessary and valuable that young people and their parents have accurate and objective information so they can make informed choices about their future. Your report concludes that “[Higher education] yields a high rate of return for students from all racial/ethnic groups, for men and for women, and for those from all family backgrounds.” My belief after analyzing your report is that several critical errors were made in the data used to arrive at that conclusion. These errors and assumptions mean that the report does not represent the true financial picture for… |
|
| 12.06.2006 - The Biggest Gamble of Your Life (Is College Worth it?) |
|
| In 2005, young people (ages 18-25) in the US gambled $67 billion. Not in Vegas or online poker rooms, but on a betterment program called college. Their hope is that the monies they are spending will allow them to earn more money over their lifetime. Many are paying for this wager by amassing a mountain of debt that will take years to pay off. Is it a good wager? Conventional wisdom says so, but with $67 billion on the line (and that’s debt accumulated in just one year by college attendees) we should have more than conventional wisdom or parental pressures to guide the way to smart economic decisions. REEF’s economic analysis shows that college is a financial mistake for… |
|
|
