Lies, Damned Lies and Statistiscs: The College Gap

Perhaps this is a bit of good news about the "college gap". Excerpt:

'Today, women earn far more Bachelor’s and Associate’s degrees as well as slightly more Master’s and Doctoral degrees than men. Fortunately for men like myself, there is a major flaw in how this data is interpreted. When you look at this chart, what is the first thing that comes to mind? In all likelihood, if your thought was similar to mine, it was that more women are going to college and fewer men are than in the past. Or in other words, women are going to college instead of men. However, it is wrong to assume that because men make up a smaller percentage of college students today than they did in the past, that women must be taking spots previously held by men. The pie is not static; it got bigger, a lot bigger. College admission has exploded since 1970: the number of men in college has actually increased substantially and the percentage of men going to college is greater now than it was in 1970.

In 1970, there were 7.4 million college students and the United States population was just over 200 million: just under 4% of the population was enrolled in college. In 2007, almost 18 million Americans attended a university out of a population of just over 300 million, or 6% of the population. College admission has increased almost 150% in absolute terms and 50% in relative terms in just less than 40 years. In 1970, 4.4 million men attended college, or assuming the population is 50% male (it’s about 49%), 4.4% of men were attending college. In 2007, 7.8 million men attended college, or about 5.2%. Male enrollment has actually increased 18% since 1970. What makes this statistic look so alarming is that female enrollment skyrocketed from 3 million to 10.1 million, or 3% to 6.7%, a 125% increase.
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Admittedly, this is not proof that there is not a problem. It only reveals that there are a host of lurking variables to unravel before concluding that the gap is even noteworthy. We’d have to conduct a very careful study to determine whether or not there was any “excess” in the gap between men and women. And it’s reasonable to conclude that if there is an excess, it is quite small. It could possibly even be that the proportion should be even greater than it currently is and women are getting the short end of the stick. What is important to note here is that this alarming statistic tells us very little on its own and is probably completely meaningless. All it says for certain is that the laws of supply and demand on college campuses have tilted significantly in men’s favor.'

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Comments

"That's as may be, it's still a frog."

I congratulate the author on his imaginative analysis but the numbers don't lie: almost 70% of college undergrads are women with almost as many getting grad degrees, in contrast to men.

The single biggest predictor of personal and financial success in life remains whether or not one has graduated from college. The exceptions to this generalization only underscore the rule and require closer inspection. For example, people like to say that Bill Gates never finished college. What they don't know or neglect to mention is that his family was already hugely wealthy and his father had a lot of connections to IBM senior management, allowing him the opportunity to get access to them and propose the licensing of DOS on IBM PCs. (Oh yeah, he didn't write DOS. He bought it from someone else.)

Whether we like it or not, college is the main way people get a chance to become successful earners of anything more than minimum wage. Some trades and lines of work requiring associate's degrees may help get one into the $15-$20 range but that's about it. Despite my belief that college is basically a rip-off unless you are in a line of study that leads one to a practical professional degree, nonetheless, it's better to have one (preferably without the crippling debt most people get into for it) than not.

But I will say that at some point, with tuition rates going through the roof seemingly unstoppably, there will come a time when it just is no longer worth it given the really bad job market. Unless our job market improves soon (recent news: here in the US, over 50% of 16~24-YO people not in school full-time are unemployed), I will change my mind on the matter and say that unless you go to college for a very in-demand field, don't waste your money and get into bankruptcy-levels of debt. Guess there is nothing to do but wait and see about that.

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