Tuesday, March 01, 2011

[ausofggp] Incomes and Quality of life per MIT dorm

A great debate rages over the "value" or "cost" of dorm culture.

What is the average income after graduating for each MIT dorm?  Perhaps lifetime income instead of starting salary.  Normalize per major in case some dorms attract different majors more.  Also probably need to normalize by gender because of the glass ceiling effect.

What is the average quality of life, happiness?

A proxy for these values might be alumni donations, which strongly suggests this has already been measured internally.

We also need interventional data to distinguish causality from correlation, perhaps some students whose dorms are chosen randomly for them.

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