Daily Independent (Ashland, KY)

Local News

October 24, 2012

Slate: The popular kids are now rich adults

WASHINGTON — He-ey girls! I was just looking through our high school yearbook, reminiscing about all the AMAZING times we had together. Remember when we all wore matching baby tees for Senior Spirit Day? Remember when we had that party after the big football game and didn't invite any of the theater nerds and drank a lot of Zima and it was AWESOME? OK, well, anyway. I just read this study from the National Bureau of Economic Research and now I understand why I am rolling in dough.

Get this: These researchers — Gabriella Conti, Andrea Galeotti, Gerrit Mueller and Stephen Pudney — totally found that students who were more popular in high school make more money later on. They measured popularity using a concept from social network theory called "in-degree" — basically the number of friendship nominations a student receives from his classmates. (The number of nominations a student gives is called out-degree, and it doesn't correlate with increased income, since it only measures how popular the kid thinks he is.) These researcher people found that just one more in-vote in high school is associated with "a 2 percent wage advantage 35 years later." That advantage is equivalent to 40 percent of the wage boost you'd get from another whole year of education. Awesome shortcut!

I know what you're thinking. You're like, but what about factors like socioeconomic status, family background, school quality, IQ, human and social capital, and adult personality traits? What about the idea that more contacts in high school could spill over into more adult connections, which certainly doesn't hurt anyone networking for a job? The study totally controlled for all that.

Crazy, right? In case you're wondering, the three biggest determinants of friendship nominations were whether someone had a "warm early family environment," whether they shared attributes that were common among a lot of the students (this idea called homophily says that we flock to people who have similar characteristics to us, in terms of age, race, gender and religion), and whether they were "relatively older and smarter" than their peers. For my part, I am so glad my parents kept reassuring me that I am a glorious precious sapphire whose light will never dim, and that they decided to wait a year before starting me in kindergarten.

Also, Beth, don't let anyone tell you you were prom queen because your dad owns Harris Teeter. The study says that "relative family income status plays only a minor role" in popularity.

The kids in the paper are part of a 50-year-old survey called the Wisconsin Longitudinal Study, which first started tracking ties between white male high school students in 1957. Researchers have checked back in on the cohort seven times since then, noting the participants' incomes, family formation, labor market history, educational attainment and more. So I suppose you could argue that the deck may be stacked differently for people who attended high school after the late '50s, or are nonwhite, or are female.

But, like, that totally doesn't explain the Benz in my driveway right now. Anyways, I gotta run to Pilates.

Text Only
Local News
  • AT&T to hire 140 workers at East Park

    For the next few months, AT&T officials have announced they will hire 20 people per month until they have filled 140 customer-service positions at the East Park Call Center in the industrial park between Grayson and Ashland.

    May 21, 2013

  • Boards close to agreement on students

    The Greenup and Russell school districts are close to an agreement on families that want to send their children to school out of their own district.

    May 21, 2013

  • Memory Days to start Thursday

    Memory Days volunteers invite everyone to “Come to Grayson to remember and be remembered,” during this year’s 43rd annual festival Thursday through Sunday.
     

    May 20, 2013

  • Man arrested for using forged checks

    The following information was taken from Ashland Police Department reports:
     

    May 20, 2013

  • What's happening: 5/21/13

    Cruzin on the Plaza will be Friday through Sunday at Pullman Plaza.

    May 20, 2013

  • toronado2.jpg Huge tornado hits Oklahoma City suburb, kills 51

    A monstrous tornado at least a half-mile wide roared through the Oklahoma City suburbs Monday, flattening entire neighborhoods and destroying an elementary school with a direct blow as children and teachers huddled against winds up to 200 mph. At least 51 people were killed, and officials said the death toll was expected to rise.

    May 20, 2013 3 Photos

  • MainStory2.Tornado.jpg What you need to know about preparing for tornadoes

    Tornado survivors and seasoned observers suggest people do two simple things to prepare for tornadoes: Know where to take shelter, and move quickly when the time comes.

    May 20, 2013 1 Photo

  • tornado-tech.jpg VIDEO: How technology helps predict tornadoes

    At the National Storm Prediction Center in Oklahoma, the team charged with predicting tornadoes relies on ever-changing technology to determine when and where storms may strike.

    May 20, 2013 1 Photo

  • Screen shot 2013-05-20 at 3.26.34 PM.png LIVE BLOG: Massive tornado hits south of OKC

    A massive tornado touched down Monday afternoon in Moore, Okla., just south of Oklahoma City. Follow live coverage of the aftermath of the storm.

    May 20, 2013 1 Photo

  • 3 of Farmer’s ag department staff admit to ethics violation

    Three former employees of Richie Farmer’s agriculture department have agreed to settlements with the Executive Branch Ethics Commission, accepting reprimands and fines.

    May 20, 2013

Featured Ads
Seasonal Content
AP Video
Huge Tornado Kills Dozens Near Oklahoma City Raw: Rescuers Pull Tornado Survivors to Safety Oklahoma Gov: 'Hearts Are Broken' After Tornado Raw: Walking in a Flattened Okla. Neighborhood Raw: Rescue Workers Search Oklahoma School Raw: Witness Describes Scene After Okla. Tornado Raw: Aftermath of Massive Tornado in Oklahoma Raw: House Burns After Massive Oklahoma Tornado Raw: Tornado on the Ground in Oklahoma Split-second Choice Ended With NY Student Dead White House Backs 'Shield Law' for Media Wave of Attacks Kills Scores in Iraq Pug Life on Display at Wisconsin Festival Company Promises to Make All Snail Mail Digital Analyst: Tumblr Fills Void in Yahoo's Offerings Commuters Face Delays After Conn. Train Accident Raw: Swarm of Tornadoes Slams Plains Raw: Fierce Bombing in Qusair, Syria RAW: TV Staff Take Cover From Tornado Raw: Accused US Spy Reportedly Leaves Russia
Community Calendar
Loading…
Events by eviesays.com
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
AP basketball
SEC Zone