College grads make a million dollars more in their lifetime? Statistics and false correlation.

Post hoc ergo propter hoc – “false cause” fallacy. This topic has been written about fairly recently:  (See Forbes:  The College Hoax).  However, it has really started to irk me because of the commercials on cable TV quoting this erroneous statistic. Some cause for concern: The number is not a comparison of lifetime earnings […]