At first glance, Billy Beane’s fourth Moneyball rule wouldn’t seem a good fit for the college application process: “Know exactly who you want and go after him (Never mind who they say they want to trade).” After all, it doesn’t seem likely that many students will convince colleges to change admission requirements or how much financial aid offered simply based on their determination to attend a specific school. Continue reading
I don’t know about you, but I’m always leery when the price of a good or service I’m considering purchasing isn’t readily available. The phrase, “if you have to ask, you can’t afford it” starts echoing in my head. However, although most college websites don’t have their costs readily accessible, it doesn’t seem to be an issue for most people. I have to admit, I didn’t really start noticing it until I start writing this post. Continue reading
Last week I talked about taking a Moneyball approach to the college admissions process. The idea being that as in Major League Baseball, the college admissions market is not operating efficiently resulting in some players/schools being significantly undervalued where others are way over-priced. Continue reading
If you have even been in a conversation about the role of college sports, at some point someone will talk about misplaced priorities in terms of spending and complain that the football or basketball coach makes more than the university president, much less the highest paid professor on campus. Another person will inevitably respond with that no one pays to watch a professor teach biology. It’s about the money. Since people are willing to pay for it, then the school is justified in spending it. Continue reading
Have you seen the movie “Moneyball” or read the book by Michael Lewis? The story is about how the Oakland A’s baseball club managed to come up with winning seasons despite being one of the poorest teams in professional baseball. “Moneyball” refers to the strategy of identifying players used by the Oakland A’s general manager, Billy Beane.
What does Moneyball have to do with college admissions? Continue reading
Now I’m not saying you should know what the O’Bannon vs. NCAA trial is about or even care. If you have any interest in college basketball or football, it’s highly unlikely that you haven’t heard about the trial. But if this is all new to you and you start to wonder what all the fuss is about during the expected two-week trial, I suggest reading the following resources. Continue reading