> Average College grads make more money over their lifetime, period.
Stop this. The most accurate predictor of a person's lifetime income is the income of their parents. Children of wealthy parents are more likely to go to college. It's like saying "People who drive expensive cars in high school make more money over their lifetime, period".
I question the statistical literacy of people who make the argument that going to college has a significant causal impact on future earnings.
Stop this. The most accurate predictor of a person's lifetime income is the income of their parents. Children of wealthy parents are more likely to go to college. It's like saying "People who drive expensive cars in high school make more money over their lifetime, period".
I question the statistical literacy of people who make the argument that going to college has a significant causal impact on future earnings.