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119 Comments
- AmyVernon, on 07/08/2009, -1/+56This seems destined to create totally unreasonable expectations.
- inactive, on 07/08/2009, -0/+30Does it laugh at you when you put in "English" as the major?
- Matrixsta, on 07/08/2009, -3/+27I don't think SAT scores has anything to do with what you can expect to earn after you graduate.
- vtbarrera, on 07/08/2009, -0/+18I know plenty of people from college that would score insanely high, but these indicators really don't account for "the intangibles".
- krisrm, on 07/08/2009, -1/+17Yay! Let's abuse Statistics and wreck people's lives!
You should lose "Human Capital Points" if you're even thinking of planning on using this system to figure out how much money you'll need to borrow to make it into Harvard or MIT. - 1jaxstate1, on 07/08/2009, -0/+15The richest man in the world, Bill Gates.
- pingpants, on 07/08/2009, -4/+19Not sure this would work for drop-outs like, errr, Steve Jobs, John F. Kennedy.
- cygnus2112, on 07/08/2009, -0/+13No, but it opens up an Ajax panel underneath with a checkbox with the label "Seriously?"
- MrBogard, on 07/08/2009, -1/+14Bury my comment I bury yours
- tinkafoo, on 07/08/2009, -0/+13I created an account, answered all their silly questions, and then got this:
"Sorry, an error occurred while processing your request."
HAHAHAHAHAHA - monodelasno, on 07/08/2009, -1/+14Does it take into account
-Periodic economic downturns
-Asswipe managers
-Gold digging spouses
- - bombula, on 07/08/2009, -0/+13You have to create an account to use the thing?
Buried. - BeShirtHappy, on 07/08/2009, -0/+11Not sure there is a way to predict future earnings... might be best to calculate if there will be a future job in their field after graduation.
Okay, in retrospect, that seemed so pessimistic and I'm more optimistic by nature. So what Amy said.... :-) - AngelaQ, on 07/08/2009, -0/+10I think the expectations have the potential to be more reasonable than the lies you get out of college admissions and high school guidance offices now.
What guidance counselors tell high school students is based on their wanting to claim that the highest number possible students made it into college, even if the kids aren't suited for college or the major is useless. Useless major + dead end kids + party school = complete waste of money and time.
What colleges tell you now has nothing to do with your major and everything to do with the college wanting to make money off students by getting them to fill up departments that offer majors that don't help you get jobs. - brodimus, on 07/08/2009, -0/+8'sciences'
LOL - grantmoore3d, on 07/08/2009, -0/+8I rank higher than many of my recent graduate friends, but because I lack certain social skills (like the art of ***** and telling lies in interviews), I am getting paid far less than many of them.
- Grolsch, on 07/08/2009, -1/+8You really shouldnt mention Bill Gates, even if he dropped out....from Harvard....
- mishaneah, on 07/08/2009, -0/+7The list of majors is pathetic.
- Jethro82, on 07/08/2009, -0/+7Anyone ever see the movie Gattaca?
- cygnus2112, on 07/08/2009, -0/+7Agreed. It usually has to do with gender and profession.
- pathouston22, on 07/08/2009, -0/+7Where's the "get paid to read and post on Digg all day" option?
- chriswastaken, on 10/27/2009, -0/+6@grolsch
I think you should definitely include Bill Gates. He dropped out, made billions of dollars and was given a degree for free. - ZenMojo, on 07/08/2009, -0/+5John F. Kennedy was born into one of the wealthiest political families in the United States.
- chocoBOO, on 07/08/2009, -0/+5We are the rules, they are the exceptions. Regardless of that, this thing is just an estimate that most likely wont be too accurate to real life.
- cabdirazzaq, on 07/08/2009, -0/+4Is that a man or a woman?
- zacharytelschow, on 07/08/2009, -1/+5No, but using these metrics is more accurate than not doing anything at all.
- kefkaantakrist, on 07/08/2009, -0/+4Not sure about percentage of the workforce, but according to Census.gov, 27% of people over the age of 18 have at least a Bachelor's Degree. 32%±3% for each every age group from 25-29 through 60-64. The total people over 18 with at least a Bachelor's Degree amount to 60 million, which is almost 20% of the population as a whole. So I'm guessing you pulled the 15% number from your rump?
http://www.census.gov/population/www/socdemo/educa ...
None of this is to belittle or detract from the accomplishment of earning a college degree. However, we do not need to embellish the prestige of the accomplishment with falsified statistics. - ltzanders, on 07/08/2009, -0/+4This sounds potentially even less accurate than the Expected Family Contribution (EFC) on the FAFSA. It's all bs numbers that have no connection with reality.
- canolde, on 07/08/2009, -0/+4A transparent and useless attempt to get you to sign-up so they can sell your data. Their "calculator" doesn't even have to work - once you're signed up, they have what they wanted. Thanks Digg.
- gbarger, on 07/08/2009, -0/+4You have to take into account the tremendous number of legal students that don't ever find jobs as lawyers. I went to a state school with my masters in finance...I have an ok job. My wife went to the Juilliard school...just graduated on May 22nd, but is having trouble finding work. I guess legal students don't study statistics.
- spritom, on 07/08/2009, -0/+4"Sorry, an error occurred while processing your request. "
Did we kill the server? - JohnMarkT, on 07/08/2009, -0/+4Her shirt says "BOOBIES".
- codered1322, on 07/08/2009, -0/+4How about not insulting people by calling where they live "flyover country" then maybe they will listen to you.
- inactive, on 07/08/2009, -0/+3In the land of opportunity, there is no predicting such things.
- ToastedFart, on 07/08/2009, -0/+3Damn it. I knew there was something fishy about registering an account on this site. I did it anyway even though I could probably guess how much I'm going to make, and I got that same error.
- BlackOculus, on 07/08/2009, -0/+3I want that t-shirt
- megamod, on 07/08/2009, -0/+3or if you already graduated and you're going to the site just out of curiosity...Major disappointment
- cubicledrone, on 07/08/2009, -4/+7Here's a guy who probably would get laughed at by hiring managers today:
He studied philosophy, Hebrew, rhetoric, speech and debate, geography and a variety of other subjects that today would be considered a classic "liberal arts" education. He became proficient in Latin. He studied some law.
He graduated in two years from the college that would eventually become Princeton University.
He went on to author the Constitution and was elected the fourth President of the United States. His name was James Madison.
Any hiring manager who does not respect a four-year degree is incompetent. Only 15% of the workforce has earned one. - flyzipper, on 07/08/2009, -0/+3I realize this tool is designed for making lending decisions, but the label, "Human Capital Score", reminds me of this ...
http://strangemaps.wordpress.com/2009/07/02/397-el ... - ZenMojo, on 07/08/2009, -0/+3You obviously didn't have my college guidance counselor. I was a top student in my school in the top two percentiles of SAT scores, an AP scholar, a National Merit Scholar, a National Achievement Scholar, and when I told her the school I got into she said, "That's nice...now tell me when you actually get into that school."
Not that being smart, going to college, and getting good grades is your best friend (trust me). To be specific, your only guarantee of getting a job out of college is a particular set of bachelor of science degrees where measurable technical expertise is wanted -- or working for a government agency like the CIA (trust me). It's not so much that we encourage stupid kids to go to college and ***** off, so much as the variety of skills that are useful for creating interesting human beings in college and even the invention of new industries do not readily fit into the American workforce -- but may fit into assassination and covert regime change (...trust me). - lnxfi, on 07/08/2009, -3/+6I guess you private college didn't have an English department.
- GreatBug, on 07/08/2009, -0/+21950? Back when I took the SAT, the max score was 1600. And it wasn't that long ago.
Or maybe socrates is just really smart. . . - tamman2000, on 07/08/2009, -0/+2bipolarruledout,
This not about the extrema, this is about the expected value. - Chirp08, on 07/08/2009, -2/+4It has absolutely nothing to do with how well you'll do in University either. I had a great GPA in highschool, I have a great GPA now, and yet I had a horrible SAT score and that was on the old version that went up to only 1600.
- Sogui, on 07/08/2009, -0/+2They added a writing section, so now the max is 2400.
On average he would have had a 1300 on the old SAT. - cjhandley, on 07/09/2009, -0/+1yes, they do. www.infirmation.com
It's been that way for a few years now... - mrkmrk, on 07/08/2009, -0/+2Damned thing doesn't work. Tried it on my phone and thought that that might be the problem, but apparently we crashed their servers :/.
- bipolarruledout, on 07/08/2009, -0/+2This isn't political. The over reliance on statistics over critical thought is stupid. I'm not saying they don't have a place but flawed statistical models were a significant contributor to the financial crisis.
- ZackAttack007, on 07/08/2009, -0/+2Mine was fairly accurate.
- kefkaantakrist, on 07/08/2009, -0/+2krism - Harvard has a very generous system of financial assistance. If I understand it right, you have a $0 expected family contribution if your family earned under $60k - Harvard and/or the government pays everything.
They made this policy because they have a huge endowment (hee hee - Harvard is very well endowed) and enjoy a tax-free status and needed something like this for political cover. In tough times someone was bound to say, hey, Harvard is sitting on $29 Billion in tax-free money! WTF? Now Harvard can say, "Yes, but look at all the public good we are doing with it!" -
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