Recent quotes:

I Am Beginning to Think That the Backlash Against the Skills-Gap Story of Wage Inequality Has Gone Too Far...: Focus - Washington Center for Equitable Growth

I have always been impressed by vir illustris Mark Hoekstra’s regression-discontinuity story of the value of being admitted to U.T. Austin. As the very sharp Jordan Weissman reports: Jordan Weissman: Does It Matter Where You Go to College?: “Study 3: IF I CAN’T GET INTO A GOOD STATE SCHOOL… …AM I DOOMED? Actually, yeah. You might be…. Mark Hoekstra… compared the earnings of white, male students who had barely missed the admissions cut-off for an unnamed public flagship university to those of students who had barely been accepted…. Enrolling at the flagship increased wages by 20 percent…
#Mark-Thoma #Inequality #Education #Mark-Hoekstra #Jordan-Weissmann #Skills-Gap #College - equitablegrowth.org

Morning Must-Read: Mark Thoma: The Best Investment the U.S. Could Make Is Affordable Higher Education - Washington Center for Equitable Growth

Mark Thoma: The Best Investment the U.S. Could Make Is Affordable Higher Education: “The skills-gap story ignores the fact… …that education will never be the answer for everyone…. However… a college degree is a worthwhile investment…. Fortunately for me, CSU Chico, which was nearby, only charged approximately $100 per semester…. If it hadn’t been for the cheap tuition, I would have been stuck in that town with little hope of finding my potential
#Mark-Thoma #Inequality #Education #Human-Capital - equitablegrowth.org

Afternoon Must-Read: David Deming, Claudia Goldin, Lawrence F. Katz, and Noam Yuchtman: The Disruptive Potential of Online Learning - Washington Center for Equitable Growth

What do we know about the performance of online education thus far?… …The most basic question about online programs is whether they can actually reduce the cost of tertiary education…. Does the quality of education suffer when content is delivered online?… Two recent studies have found negative impacts of switching from in-person to online instruction on course final grades in an introductory economics class (Alpert et al. 2014, Joyce et al. 2014)…. For business job vacancies… employers strongly prefer applicants with degrees from (nonselective or selective) public institutions as opposed to applicants with degrees from for-profits. The biggest callback ‘penalty’ is imposed on the applicants with an online for-profit degree…. Online education… can succeed in cutting… costs…. But preliminary evidence suggests that–t least for the time being–the new technology comes at a cost of quality…
#Education #Online-Learning - equitablegrowth.org