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by hooande 1612 days ago
This is a particularly pernicious misunderstanding because it leads people to believe that they have to take out loans to go to college or they will earn less money. Saying "People who do X make more money" can have consequences if that statement isn't necessarily true.

What you want is a study that shows that people from lower income quintiles that go to college have a higher lifetime earning than people from the same quintile that didn't go to college. Maybe that exists? if it did, I'd imagine the pro college people would be waving it around everywhere.

Using Google Scholar to find relevant research is a great habit. but you really have to read it to make sure it says what you think it says

2 comments

> What you want is a study that shows that people from lower income quintiles that go to college have a higher lifetime earning than people from the same quintile that didn't go to college. Maybe that exists? if it did, I'd imagine the pro college people would be waving it around everywhere.

Yes, there is a large college wage premium for students in lower income quintiles. The most that can be said is that it's smaller, but still quite large.

I assumed the point of contention was a more nuanced question about causation, since the above is just a simple factual question that can be checked without any sort of analysis.

I agree "people who go to college make more money" is not a helpful thing to be telling kids, but I think it would be much more fruitful to pose the question as comparing the outcomes of different fields of study (which could also include specific trades), rather than questioning the utility of college entirely.