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...highly selective college but who choose to enroll at a less prestigious institution, Princeton economist Alan Krueger attempted to correct for such lurking factors as students’ maturity, motivation, and ambition that result in admission to competitive schools but also correlate with high earnings potential. His finding??€”that the adults who turned down the offer of elite education earned slightly more than their peers who pursued it—gives credence to the conclusion that Harvard students, not Harvard itself, account for the differences in income...
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