Identify how the \"Cause versus Correlation\" argument can cause difficulty in d

Question

Identify how the "Cause versus Correlation" argument can cause difficulty in determining the value added to students at elite versus non-elite colleges. What are some the problems associated with finding an answer as to whether an "elite college is worth the cost?" Within your answer and explanation provide a description of the difference between cause and correlation and why the distinction is important to understand for any decision making process, whether it be what college to attend, what a college elects to spend revenue on, etc...

Explanation / Answer

Educational accomplishment & wealth are very much correlated. However, some of the education-wealth correlation is false—i.e , not causal but rather due to other determinants which impact both education & wealth. Besides wealth, education is also correlated with-

Usually, the better the college, the higher the earnings a graduate makes later in life. However, as elite institutions are filled with academically capable pupils who disproportionately come from wealthy backgrounds, it is difficult to untangle cause from the effect

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