Apples and Oranges Again, Good Data Set Becoming Available

Two similar articles have appeared that discuss the topic of “where” one gets a degree and its effect on starting median salary.  What is most important, I think, is that both article refer to the data that is available on the website www.collegemeasures.org .  (I commented on the Chronicle of Higher Education article and compared a couple of colleges using the data.  The differences are extreme.)  I encourage people to look at the website, but warn that only large differences on relatively large numbers of graduates are truly meaningful.

http://online.wsj.com/article/SB10001424127887324874204578440901216478088.html?mod=rss_mobile_uber_feed#articleTabs%3Darticle

http://chronicle.com/article/Tech-Training-May-Provide/138831/#disqus_thread

“Conclusions from averages can be very deceptive here. Just look at the Report from Texas. Here is data from “Computer and Information Sciences, General”

 

UT, Austin and UT, Dallas has students with about the same SAT range

Median Salaries are $71,059 and $65,328, respectively.

Texas State at San Marcos and UT, Tyler also have about the same SAT range.

Median Salaries are $58,992 and $45,336, respectively.

Austin Community College Assoc Deg Median is $57, 395 but

South Texas College Median for the same degree is $26,597.

Obviously, the data is far from perfect, but this is a start in educating the public about higher education’s reality. Finally, I certainly agree that education is not just about getting a good job, but if higher education offers degrees in areas that claim to prepare students to perform well at work, then median starting salary should be a useful measure. And starting with SAT’s as input and salaries as outputs should be an even better relative measure of how a school is performing.”