While Asbury University’s current revival appears a modern anomaly, it is very much in keeping with the history of higher education in America.
Revisiting the Value of Elite Colleges: Why that Pricey School May Not Payoff Like You Hoped
A decade ago, two economists published a research paper arguing that elite colleges did not seem to give most graduates an earnings boost. A new version of the study, covering data from 19,000 students, comes to the same conclusion.