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Professional school grads from diverse classes get higher salaries

Professional school grads from diverse classes get higher salaries

Summary

A new study found that graduates from business and law schools who studied alongside diverse classmates tend to earn higher starting salaries. The researchers analyzed data from nearly 350 schools over 20 years and found a positive link between racial diversity in student groups and better financial outcomes after graduation.

Key Facts

  • The study focused on business and law school graduates and their starting salaries.
  • It used data from about 350 schools covering nearly 3,000 business grads and even more law grads from 20 years of graduating classes.
  • High-diversity student groups more often had starting salaries above the median compared to low-diversity groups.
  • The researchers controlled for many factors like university prestige, school size, local economies, and removed salary outliers.
  • The findings held true whether diversity was measured in the cohort studied or the entire entering class.
  • The study aims to provide evidence that may influence courts to reconsider previous rulings limiting race-based affirmative action.
  • Research has been difficult because measuring diversity benefits is complex and affected by many different factors.
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