Wealthy Kids Save More for College, Thanks to the IRS

Discussion in 'Economics' started by nitro, Sep 21, 2016.

  1. nitro

    nitro

    You are confusing "Scholastic Aptitude" with "Intelligence Quotient". Oh, wait, that is what SAT an IQ stand for!
     
    #11     Sep 29, 2016
  2. The correlation between the two is >.80... Here's a handy converter: http://www.braingle.com/mind/iq/convert.php
     
    #12     Sep 29, 2016
  3. nitro

    nitro

    Think for yourself.

    Here is a reasonable approximation to my truth: if you do well on the SAT you are probably also scoring high on an IQ test and vice-versa, but if you are intelligent you won't necessarily do well in the SAT or an IQ test.

    What is intelligence? Hard to define, especially since innate intelligence and learned intelligence are not the same thing. The word "intelligence" is overloaded in the English language and is therefore vague. But useful synonyms are resourcefulness, and particularly problem solving ability. Ability to abstract away non-essential information and process it accurately and efficiently. Imagination is also a synonym for intelligence.

    The two highest deciding factors in intelligence that affects both sides of these definitions though is, a highly effective working memory, and a very agile "mental stack" (stack as in computer science). There are lots of people with a powerful brain in that they have powerful working memory with deep stack, that aren't learned and would probably score average on IQ or even worse on SAT tests.
     
    Last edited: Sep 29, 2016
    #13     Sep 29, 2016
  4. Sig

    Sig

    Deut..,
    I'm pretty sure you agree that kids on average are going to score lower on an SAT test if they go to overcrowded West Baltimore schools that don't even have air conditioning and have to shut down for a number of un-madeup days each fall and are miserable for half the first quarter, have to worry about crime at school and around their home, don't have an adult to help with homework because they're working two jobs and may not fully grasp the material themselves, and can't afford an SAT prep course, as opposed to your and my kids with two college educated parents sending their kids to the best possible school, spending an hour a night working through homework X thousands of nights from K-12, and probably sending them to SAT prep even though I disagree with the concept. Maybe that doesn't require you to be "wealthy" per se, but certainly not poor. If 20 parents in our peer group adopted a West Baltimore child at birth and raised them, I'd bet significant sums of money that as a group they'd score far higher on SAT/ACT or IQ tests as 17 year olds than the peer group they left. Certainly wealth doesn't make your kids smart just like it doesn't make you happy, but being poor can make you ignorant enough to not score high on an SAT/ACT or IQ test, just like being very poor can keep you from being happy.
     
    #14     Sep 29, 2016
    RRY16 likes this.
  5. nitro

    nitro

    Srinivasa Ramanujan

    We don't know what to make of Ramanujan. He failed most of his classes and probably if he had taken an IQ test would come at 100. But he is a mathematical genius of the highest order.

    He must have been an alien because people look at his creations, and wonder where they came from.
     
    #15     Sep 29, 2016
  6. nitro

    nitro

     
    #16     Sep 29, 2016
  7. Sig

    Sig

    Come on now Nitro, we all know you can find an exception to any rule. We're talking about populations here.
    You would seem to be advocating that intelligence can come through despite any disadvantage in childhood? Do you (or would you if you don't have any) send your kids to a crappy school if there is a better one available? Do or would you ignore them when it comes time to do homework even though you could help? I mean if Ramanujan could do it then why not your children?
    Obviously I'm engaging in some hyperbole to make a point here, but just because we can point to a token kid (or even 5) who did well despite being disadvantaged doesn't mean that wealthy kids in general aren't going to score higher than poor kids, in general, on standardized SAT/ACT/IQ tests.
     
    #17     Sep 29, 2016
  8. nitro

    nitro

    In fact the point of this thread is that privilege has a great consequeces __exactly__ in IQ tests and SAT tests.

    My sideshow with the religion freak is to point out that intelligence has nothing to do with this thread. This crap of IQ test, SAT tests, and equating it with intelligence is a favorite on ET of the supremacists religious freaks.

    I have no tolerance for it.
     
    #18     Sep 29, 2016
  9. Sig

    Sig

    My apologies, sarcasm missed on my part.
     
    #19     Sep 29, 2016
  10. West Baltimore kids of ability have no trouble getting into colleges of their choice (and receiving financial aid). If anything, colleges are fighting over them.

    You can define "intelligence" however you want, but then the burden's on you to provide a better metric than IQ / SAT / ACT testing to quantify it.
     
    #20     Sep 29, 2016