Earlier quoted context omitted.
Far too many variables to draw any clear conclusions, in my opinion. Have there been any of these studies that show the effect holding constant when controlling for high school GPA, SAT/ACT, and IQ?
What is the experiment you're proposing? I didn't follow. What about just measuring the ROI of the degree? https://www.nytimes.com/2021/08/13/your-money/college-degree... "All of the largest programs in electrical and communications engineering, for instance, allowed most of their graduates to recoup their educational investment in five years or less. But many programs in some fields, like drama and dance, show no re…
To be clear, I don’t buy that argument. Obviously those factors explain some of the difference, but I think most of the highest-paying jobs in STEM and many of the highest-paying jobs in other fields (e.g. business/finance) require skills that would be hard to reliably obtain without a college degree or something similar.