“Class of 2015 Is Summa Cum Lucky in the Job Market” But Who Knows for Sure, Given the Data Source

Source: Class of 2015 Is Summa Cum Lucky in the Job Market – WSJ I wrote, “You write that, “…Members of the class of 2014 had an average starting salary of $48,127 a year…according to the National Association of Colleges and Employers, a group made up of schools as well as companies that recruit from […]

The Upwardly Mobile Barista – The Atlantic

The Upwardly Mobile Barista – The Atlantic. I commented. “I’m a former math professor. (I last taught at Wash. U. in St. Louis.) This article describes a wonderful and laudable effort by Starbucks’s Howard Schultz. But it never asks the question: What’s between the buns? Is there really any beef wrapped up in those degrees? […]

Demand for Skilled-Worker Visas Exceeds Annual Supply – WSJ

Demand for Skilled-Worker Visas Exceeds Annual Supply – WSJ. My comment and explanation: “In a nutshell, these two items explain this story. 1. Washington U. in St. Louis, “make it the normal ‘cookbook’ course..so we don’t have trouble [with students]…” (Chair of Math Dep’t speaking to me about a critical course for engineers); on another […]

Measuring Benefits of Smaller Amounts in Same Container

Is your degree worth it?: It depends what you study, not where | The Economist. There is a fallacy in these statistics.  I commented. Just as consumers can be fooled into believing that today’s can of “whatever” contains the same amount as yesterday’s, so can “consumers” of today’s degrees be fooled into thinking they contain […]

Rip Van Skillsgap on Paul Krugman’s Blog Is Wrong

Rip Van Skillsgap – NYTimes.com. “Please, Prof. Krugman, you are too important a voice not to pay attention to data that screams that there is a gigantic gap between what you think is an education, and what “customers” (once quaintly known as “students”) are actually getting – even in many so-called “elite” schools. There is […]

How Much Research Really Costs? Look at That New Building (Or Whatever) To See

Most people are not aware that research universities negotiate an “overhead rate” with the government.  The simplest way to understand that is this example. Professor X gets a $1,000,000 grant.  The grant pays her salary and benefits, and the salary for others.  Her summer salary (which she would normally not get) would be paid, even […]

NY Times Might Start to See That Time Matters

Starting Out Behind – NYTimes.com. In the above editorial, the Times makes comparisons between1970 and 2012.  They see that young people did better in 1970 (with fewer having gone to college), but I’m not sure that they are ready to say that education has changed for the worse.  I did.  Here is my comment. “I […]

Another Piece on Value of College by David Leonhardt: Still Wrong Focus

The Value of College: It’s Not Just Correlation – NYTimes.com. In the above column, David Leonhardt, continues to point out that a college degree is, on average, valuable. I tried to explain (again) in my comment why the fact that today’s college degree is more valuable than today’s high school degree, doesn’t mean that today’s college […]

Higher education: Is college worth it? | The Economist

Here is The Economist take on it. Higher education: Is college worth it? | The Economist. Compare this with The Atlantic Magazine’s Gung-Ho-All-The-Stats-Show-Everyone-Should-Go approach.  If you search this blog for “Atlantic” you will see how undiscerning they are.  That is very unfortunate for such a highly regarded magazine.