I don't know much about this subject, but the work on the returns to 
fancy private schools suggest that there are very limited returns to 
going to a fancy private school.  The last study I saw suggested that 
alma mater makes very little difference whatsoever.  Although I saw 
somewhere a similar study that said that Harvard and Yale don't fit 
that model.

Mitch

----- Original Message -----
From: "Edward Lopez" <[EMAIL PROTECTED]>
Date: Wednesday, August 22, 2001 12:48 pm
Subject: returns to higher education

> I recently read a newspaper column by a Daniel S. Cheever, 
> president of Simmons College in Boston.  He claims that a college 
> graduate will, on average, earn $800,000 more than a high school 
> graduate over a lifetime.
> 
> Discounting aside, this still seems rather high to me.  Not 
> knowing this issue, and being ignorant of labor economics, can 
> anyone offer a quick verification of this figure?  I know it 
> depends on degree and institution.  What do reliable estimates say 
> about a bottom line figure such as this one?
> 
> Ed. 
> 
> Edward J. López
> Assistant Professor
> Department of Economics
> University of North Texas
> P.O. Box 311457
> Denton, TX 76203-1457
> Tel: 940.369.7005
> Fax: 940.565.4426
> NEW EMAIL: [EMAIL PROTECTED]
> Web: www.econ.unt.edu/elopez
> 
> 

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