Archive for the ‘Education’ Category
How H-1B Visas Are Hurting America (and how to fix it)
According to Wikipedia the number of H-1B Visas the US grants each year are decreasing. An H-1B visa permits educated non-citizens the right to work in our country. The concept is that these visas are necessary for the United States to stay competitive in high knowledge industries. Unfortunately, the current system both exploits Americans and [...]
IQ and Income
I used data from the National Longitudinal Survey of Youth to examine how IQ affects income. The survey takes a set of young people in 1979 (late teens to early twenties) and interviews them on a broad range of issues every few years. While surveys have continued beyond 1996, I only have data up to [...]
Should Wealthy Children Attend Top Schools Continued
In my previous blog I examined two types of students, those who pay full bill and those who do not. I proceeded to show that State schools are generally a better investment for wealthier students, financially. All of this reasoning assumed ceteris paribus. Today I want to refine this argument based on the non-financial value [...]
Should Wealthy Children Attend Top Schools?
There is a pervasive belief in America that attending a top college is the key for financial success. Moreover, the wealthier the family, the stronger this belief tends to be. Is it true?
Academic institutions have increasingly instituted price discrimination based on the wealth of students and their family. Currently, Ivy League institutions cost about [...]