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

© 2007, Independent Means

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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:


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