Your kid's SAT score depends on your income and where you live

I do know, but there are alternatives other than Liberal Arts.
Besides if one of my kids came up with such an ambition, which is not too far fetched, I might look into 50k a year options, if that leave them more doors open.

My impression of Arts and literature students in Europe is their studies has been a net negative, it's like they spent years getting their brain drilled. Their mindset is wired to tit sucking subsidies and other people's taxes and their company hardly bearable. They would have been better off skipping college altogether.

Yeah, I tell my kids that I don't care what they do as long as they are the best at it. So as long as your kid is the best subsidy tit sucker, I'd count that a success.
 
Yeah, I tell my kids that I don't care what they do as long as they are the best at it. So as long as your kid is the best subsidy tit sucker, I'd count that a success.

Fair enough, my dad was/is an artist btw, this didn't give me a positive view of the scene, but quite an insight on where most artists's money come from (not much money for most, but probably more than they deserve).
 
Mate, I posted the graph that comes directly from the board of sat testing. The director of the board referenced those graphs and statistics in multiple interviews, so the board itself factors that into their bullshit score. I posted the source, what else you want me to do?

If you had a statement from the Wall Street journal that clearly stated “race is used to determine the score” you could easily post that instead of making me go on a wild goose chase.
 
But to satisfy your curiosity why I did not quote directly. I usually post from my mobile and the wsj app does not allow copy/paste across paragraphs. I always lecture others not to quote out of context hence I live by my own advice.

If you had a statement from the Wall Street journal that clearly stated “race is used to determine the score” you could easily post that instead of making me go on a wild goose chase.
 
Mate, I posted the graph that comes directly from the board of sat testing. The director of the board referenced those graphs and statistics in multiple interviews, so the board itself factors that into their bullshit score. I posted the source, what else you want me to do?

Those graphs don’t mean that this hardship score will account for race. Lots of Asians have high hardship scores (think immigrant Bangladeshi taxi drivers in nyc).

A white person and a black person each born to a single opioid addicted mom in west Virginia will receive the same hardship score.

Similarly an Asian and a white child born into respective families who are hedge fund managers in Greenwich will receive the same score.
 
I don't know if EliteTrader users are better writers or more intelligent that the average person, but I do question the ability of some posters in this thread to read or not jump to conclusions before knowing all the facts. This change was implemented by the College Board, the company that administers the SAT. What does this have to do with politicians or voters?
Because they are under attack from the left that the tests were "unfair" to kids from poor neighborhood and poor family. On the other hand, schools were under attack from the right for using race and income as factors on admission.

By artificially adding scores to the disadvantage, the test scores are now "equalized".:D

What remains to be seen is will the new SAT still be a good predictor of college successes?
 
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The data disagrees with you. So much so it seriously cast doubt on your alleged "rags to riches" story you are setting up to tell.

Even among the upper cohorts of the middle class mobility is very limited. Your relative success is probably woefully average when taken at the population level. You could argue some of the population statistics are a result of financial literacy but you have to also understand the systems put in place to keep people more broke than they should. To name a few: credit cards, bank loans, social media influencer selling, movies, television, etc. Before you claim "well those people are just stupid" again, the data disagrees. Careless spending is actually highest among the upper quartile of IQ contrary to popular belief. Even if you do make it and are the 99th percentile of your cohort you will, on average, fail to exceed a small multiple of the highest earner in your nuclear family. This is not surprising at all. People who come from wealth get more assistance in generating their own wealth by leveraging their parents. However, people who are given financial assistance (rather than life assistance) tend to do more poorly. This subject is very interesting because it implies that not only generational wealth is the only real wealth, but also the probability of escaping poverty or the middle class without assistance from your family early in life is vanishingly small.

The cases where a person who was broke on the street suddenly making enough money to retire inside of one generation is nearly unheard of. You should listen to The Millionaire Next Door. They expound on the issue of class mobility and how it's not as simple as "I did it, so can you". To make a major class change within one generation is an accomplishment less than 0.5% of Americans can do. Wealth has, and always will be, made generationally. Unfortunately for the progenators of familial wealth, they very rarely get to live long enough to enjoy any of it.

On topic: The SATs biasing their scores based on race and class has always been an unspoken but recognized subject for at least as long as I had been in the University circuit. The only surprising thing here is they are admitting it.
I don't have the statistics to prove it but I think there is one group that consistently made the transition from lower social economic class to higher in just one or two generations: Immigrants, irregardless of their origin. All you have to do is visit Miami, LA, SF, Orange Cty... and see for yourself the vibrant economies of the immigrant communities. Many of them came broke and uneducated.
 
I don't have the statistics to prove it but I think there is one group that consistently made the transition from lower social economic class to higher in just one or two generations: Immigrants, irregardless of their origin. All you have to do is visit Miami, LA, SF, Orange Cty... and see for yourself the vibrant economies of the immigrant communities. Many of them came broke and uneducated.

I think this is an excellent point and should be investigated. My 2c is that they had a good upbringing, even if it was poor.
 
Fact is that the SAT over-predicts school performance among minorities and the poor. It's right there in the College Board's own research notes, but I can guarantee that if you ask 100 people on the street, zero of them will know this - many will no doubt say the tests under-predict performance by such groups. This is an excellent example of how the prestige press lies to us without doing so outright.

In other words, if you want to select a student body whose members are equally likely to achieve a given GPA, the SAT score cutoff for poor and minority students needs to be higher than for wealthy white students. Not politically correct, but that's the statistical reality.

As to the "adversity score", regardless of the technicalities of the calculation, it's transparently an attempt to give universities political cover to admit more racial minorities in a way that will pass judicial review. Aside from being based on the lie that the test under-predicts poor+minority student performance, the effort is a) corrosive, as it further undermines the concept of a neutral meritocracy, and b) pointless, as it can't correct the underlying problem: demand for high-performing black and Hispanic students greatly exceeds supply.
 
Fact is that the SAT over-predicts school performance among minorities and the poor. It's right there in the College Board's own research notes, but I can guarantee that if you ask 100 people on the street, zero of them will know this - many will no doubt say the tests under-predict performance by such groups. This is an excellent example of how the prestige press lies to us without doing so outright.

In other words, if you want to select a student body whose members are equally likely to achieve a given GPA, the SAT score cutoff for poor and minority students needs to be higher than for wealthy white students. Not politically correct, but that's the statistical reality.

As to the "adversity score", regardless of the technicalities of the calculation, it's transparently an attempt to give universities political cover to admit more racial minorities in a way that will pass judicial review. Aside from being based on the lie that the test under-predicts poor+minority student performance, the effort is a) corrosive, as it further undermines the concept of a neutral meritocracy, and b) pointless, as it can't correct the underlying problem: demand for high-performing black and Hispanic students greatly exceeds supply.

My personal opinion is that just like Americans have to take a hit for MAGA, accounting for adversity is a hit that the meritocracy has to take to try to right the adverse situations. In a generation or two, it shouldn't be that way. Anyone have studies correcting for parental background and income?
 
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