>A story in this weekend’s Wash Post magazine addresses George Leef’s area of expertise:
What if all those Ivy graduates whose parents shelled out $150,000 or even $200,000 for their undergraduate degrees could have done just as well if they’d gone somewhere else? Somewhere much cheaper?
Research implies that is actually the case. According to these recent studies, when you do a cold, hard analysis — removing family dreams and visions of class rings — the Ivies and other elite private schools simply aren’t worth the money. The answer isn’t conclusive, and there are skeptics — at the Ivies and elsewhere. But at the least, the research should give parents pause and prompt them to conduct a cost-benefit analysis before steering their child to an elite private college.