It’s simple: when The Economist speaks, you listen.
That’s because they don’t publish a single thing that isn’t backed by data and research. And they’re not about to start joining the pack just because we all love listicles all of a sudden.
So when The Economist decides to publish their list of college rankings since their founding in 1843, we were VERY interested. Here’s how they calculated their findings:
The Economist’s first-ever college rankings are based on a simple, if debatable, premise: the economic value of a university is equal to the gap between how much money its students subsequently earn, and how much they might have made had they studied elsewhere. Thanks to the scorecard, the first number is easily accessible. The second, however, can only be estimated. To calculate this figure, we ran the scorecard’s earnings data through a multiple regression analysis, a common method of measuring the relationships between variables.
The result? Only one Ivy League school made the top 20. Really. Can you guess which one?
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