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cm2012

The data says this is not true. Quality of education has almost no effect on lifetime income outcomes when you control for initial test scores.

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Do you have a source on this? That’s really interesting if true.

Sure. There are many studies but here is one.

Will Dobbie & Roland Fryer (NBER)

This study uses regression-discontinuity around exam cutoffs at Brooklyn Tech, Bronx Science, and Stuyvesant. It finds increased rigor of coursework but little impact on SAT scores, college enrollment, or college graduation, which are key predictors of lifetime earnings (and typically closely linked to earnings outcomes).

https://www.nber.org/system/files/working_papers/w17286/w172...

The schools studied in that paper are free, or close to free. Not $50,000 per anum And I don't think OP was suggesting it's the quality of education that affects outcomes in attendees of expensive private high schools.

There are very similar studies for private schools, can't find this second

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