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September
Choosing a College with Lower Admission
Standards
Good News: A recent study by Alan Krueger, an
economics professor at Princeton, and Stanley Dale,
a researcher at Mathematic Policy Research found
that students who chose a school with lower
admissions standards over a more competitive school
earned as much as those who attended elite
colleges. According to Krueger, "The best school
that turned you down is a better predictor of
future income than the school you actually attend."
To read Tom Redburn's entertaining take on the
study, go to www.matr.net/news.phtml?newsid=3505&catlabel=Education
© 2007, Independent
Means
* * *
Some people think they are worth a lot of money
just because they have it. - Fannie Hurst
Independent
Means, Inc. sets the standard for innovative
resources for Raising Financially Fit Kids. Your
kids are developing views on money through your
actions! This month, make a note to talk about
hidden costs - the price of that trip or the car or
club membership that DOESN'T show up on the price
tag. Source: www.independentmeans.com
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