Lumina: Determine the Complete Economic Impact of Post-Secondary Education
Propose novel and unexpected correlations between post-secondary education attainment and outcomes with a clear economic impact, such as, but not only, increased income. Deadline Apr 25, 2013.
AWARD: $10,000 USD | DEADLINE: 4/25/13
Lumina Foundation, the Seeker for this Challenge, has issued Goal 2025 - to increase the number of adults in the United States obtaining high-quality, documented, post-secondary education from roughly 44% to more than 60%. One motivation for this goal, and a key factor for encouraging action toward it, is its economic impact. In order to fully predict this, Solvers are requested to propose novel and unexpected correlations between post-secondary education attainment and outcomes with a clear economic impact (an expected example, for instance, is increased income).
In addition to providing convincing rationale for their proposed correlation, Solvers are requested to identify one or more existing data sets that could be used to determine the correlation's validity and the magnitude of its economic impact. In formulating submissions to this Challenge, Solvers may consider utilizing recent progress in the field of big data analytics that have not yet been applied to this problem.
This is an Ideation Challenge with a guaranteed award for at least one submitted solution.