Olin College Produces Founders at Five Times the Rate of Stanford
(squeezing eyes shut and focusing my psychic powers) This college I've never heard of will turn out to have tiny enrollment, and the entire effect size will be selection bias + random noise.<p>>Olin College, a small engineering school in Needham, MA, which graduates around 75 students per year, turns out an alumni population where 2.77% of alumni found a successfully venture-backed startup, more than five times the rate of Stanford (0.51%), MIT (0.75%), Harvard (0.28%),<p>Wow, who would have guessed.<p><a href="https://fredrikdeboer.com/2017/03/29/why-selection-bias-is-the-most-powerful-force-in-education/" rel="nofollow">https://fredrikdeboer.com/2017/03/29/why-selection-bias-is-t...</a>