Students who apply to, and are accepted by, elite schools are likely to be high-achievers. High-achieving students are likely to have high earnings regardless of where they go to school.
—Alan B. Krueger, Princeton economist
A curious story appeared in The New York Times a few years ago about the university that’s the academic equivalent of the Yankees.
The article captured the concerns of faculty, who worried that the teaching taking place at Harvard University wasn’t meeting the school’s own vaunted standards. In fact, a professor lamented that some undergraduates, after spending four years at Harvard, don’t know a single faculty member well enough to ask for a letter of recommendation.
One student who was interviewed ...