college

Underdogs in Education (Part 1): For-Profit Schools as a Case Study in Game Theory

This is Part 1 of a Two-Part Post on Education in America. David and Goliath, one of the most well-known stories in the bible, provides a good framework for evaluating competition between asymmetrical combatants. When you’re an underdog, you don’t win by playing by the book. You have to take risks and embrace schemes that may increase …

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Education’s Shell Game: A Look Inside The College Admissions Process

This article from The New Yorker pulls back the curtains on the college admissions process: http://www.newyorker.com/archive/2003/04/07/030407crat_atlarge? Louis Menand’s “The Thin Envelope” was published during the time I—and the rest of the high school class of 2004—was in the middle of the college application process, so it evokes a bit of nostalgia. The article reveals which …

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Good Friends, Good Times and Good Business: The Propinquity Effect

If you study some of your long lasting friendships forged during college, you may notice that some of your friends lived in or around your dorms on campus. We form friendships with the people we encounter on a frequent basis. Psychologists call this the “Propinquity Effect”. In college, you cannot help but constantly run into …

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