Heavy Lifting - thoughts and web finds by an economist
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Monday, July 09, 2007
From today's Chronicle of Higher Education:
Closer Look at Alumni Giving Finds Ulterior MotivesThe premise is interesting and if the results are true (no reason to doubt them at this point) suggest that the perception on the part of parents is that prestigious schools do make a trade off between money and student quality. Whether the perception is true is not necessarily material to the problem - if parents think that a little dough will grease the wheels for Sally's 2.9 GPA in high school, then mom and dad will grease away. If the grease doesn't really change the odds of Sally's admission, is it in the best interest of the school to advertise as such? On one level, it would seem not.
This is my kind of paper and one of the reasons I find economics so interesting and, yes Virginia, so much fun.
I suspect that donations to a university actually do increase the likelihood of one's children being accepted. I would be interested in seeing further research into how donations affect acceptance (controlling for other variables). Specifically, I would be interested in the trade off between merit-based measures and donations. For example, how much does it cost to offset one grade point?Post a Comment
The data collected for this project would be a big step in answering this question.
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