US REVISITING THE VALUE OF ELITE COLLEGES
The New York Times
May 23, 2011
By David Leonhardt
A decade ago, two economists — Stacy Dale and Alan Krueger — published a research paper arguing that elite colleges did not seem to give most graduates an earnings boost. As you might expect, the paper received a ton of attention. Ms. Dale and Mr. Krueger have just finished a new version of the study — with vastly more and better data, covering people into their 40s and 50s, as well as looking at a set of more recent college graduates — and the new version comes to the same conclusion.
Krueger writes this, "That you go to college is more important than where you go. Recognize that your own motivation, ambition and talents will determine your success more than the college name on your diploma."
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