Quote from: «ě» on July 18, 2007, 04:56:47 PMQuote from: botbot on July 15, 2007, 05:09:43 PMMy point is that almost every school has a different median on USNWR than distributed elsewhere, I am questioning the USNews strategy for obtaining these numbers. The more representative numbers are available for all schools, why are they not used?My only guess would be that schools tend to report a bit inflated numbers to USNWR in hopes to boost their rankings a bit. I have no intentions of spending any time trying to figure out, but if both numbers are self-reported, that would be the most natural explanation for me.Salary info isn't used in the rankings last I checked.
Quote from: botbot on July 15, 2007, 05:09:43 PMMy point is that almost every school has a different median on USNWR than distributed elsewhere, I am questioning the USNews strategy for obtaining these numbers. The more representative numbers are available for all schools, why are they not used?My only guess would be that schools tend to report a bit inflated numbers to USNWR in hopes to boost their rankings a bit. I have no intentions of spending any time trying to figure out, but if both numbers are self-reported, that would be the most natural explanation for me.
My point is that almost every school has a different median on USNWR than distributed elsewhere, I am questioning the USNews strategy for obtaining these numbers. The more representative numbers are available for all schools, why are they not used?
Tulane's website has these numbers posted:Percent employed nine months after graduation: 95% of those seeking employmentAverage reported starting salary: $83,000 for entire class, $96,356 for private firms.http://www.law.tulane.edu/tlsabout/index.aspx?id=528&ekmensel=c580fa7b_42_0_528_9$83k "average" means for every $135k job, there is a $35k job. Ick.Tulane's US News numbers are skewed by low reporting (24% or 26% I think) probably due to Katrina, and Tulane grads do not make more than HYS grads (I wish.) You need to look at % reporting their salary numbers to know how to interpret that number.
Tulane's US News numbers are skewed by low reporting (24% or 26% I think) probably due to Katrina, and Tulane grads do not make more than HYS grads (I wish.) You need to look at % reporting their salary numbers to know how to interpret that number.
$83k "average" means for every $135k job, there is a $35k job. Ick.
Quote from: DaviesAss on July 20, 2007, 09:07:32 PM$83k "average" means for every $135k job, there is a $35k job. Ick.Well, not really. That's why you use medians instead of averages when looking at salary figures.
Quote from: DaviesAss on July 20, 2007, 09:07:32 PMTulane's US News numbers are skewed by low reporting (24% or 26% I think) probably due to Katrina, and Tulane grads do not make more than HYS grads (I wish.) You need to look at % reporting their salary numbers to know how to interpret that number.Yeah, no sh*t? :pThe problem is that while Tulane reports that their 75th percentile makes $135k, everyone at Harvard (25th and 75th (and by inference everyone else) reports $125k. Both reports 2005 numbers, btw. So even with low reporting, if these numbers were real many Tulane graduates would be making more than Harvard grads. As you say this is obviously not the case, and is just creative marketing from Tulane; it just makes little sense why they'd lie about something like that.
No, the problem is that when only 24% of people report, it's likely that mostly the higher-paid people are reporting, therefore you are getting the 75th percentile of only the HIGHLY PAID people. Lower paid people are not that enthused about reporting salary, I'm sure.