Word: samuelson
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Newsweek reporter Robert J. Samuelson '67 focused his article instead on the part of the study that declares that students make the same salaries regardless of the average SAT score of their classmates. He omitted Krueger's and Dale's finding that students increase their potential earnings by attending schools in higher tuition brackets...
...Samuelson, who is a former Crimson editor, defended his piece, saying that he felt the second part of the study was less significant than the first...
...There was some statistical correlation between higher tuition and subsequent higher earnings, but Krueger and Dale couldn't explain it," Samuelson said. " I don't consider it an important finding...
...applied the logic that higher tuition means higher earnings, then every college would raise its tuition by $100,000 to improve its standards," Samuelson said...
...Samuelson award is named after Dr. Paul A. Samuelson, the first American to win the Nobel Prize in Economics...