“Even applying to a school, even if you get rejected, says a lot about you,” Mr. Krueger told me. He points out that the average SAT score at the most selective college students apply to turns out to be a better predictor of their earnings than the average SAT score at the college they attended.
Therefore, if you want to make a lot of money after college, your best bet is to simply apply to, but do not attend, colleges which attract kids with high SAT scores!
Right?
What I take from this is that success is a function not of your actual capabilities, but of your own estimation of your own capabilities. Confident but mediocre outpaces excellent but modest.
I guess I knew that, but it’s nice to see it confirmed.
simply apply to, but do not attend, colleges which attract kids with high SAT scores!
Free rider. This will drag down the average of those schools and diminish the chances later in life of those kids who do attend.