After reading how helpful .edu links are, I read an article stating that G no longer values these links more than any other. What kind of weight do these links carry these days?
well usually the .edu sites have authority and have high pr so they are good if you can get a back link from them, but it has nothing to do with the domain extension.
Thanks guys, you know I really appreciate you taking the time to reply. I read somewhere that links tagged to student blogs hosted on university websites are a decent source for links. Are they any better than a Free Directory, even with no PR?
That's correct. If Google announce than it will be confirmed that it still gives considerations to .edu links or not.
Different people have different opinions on EDU links. I, for one, have seen no change in rankings 'just because' of edu links.
Google can give value of the links if your site is relevant to them or your site has a purpose to link with.
My conclusion for now is that .edu links can make a huge difference if it's on a page that is relevant, has good pagerank (4+), and is considered an authority. A tag on a student blog, next to a hundred other tags, with irrelevant content, and no PR isn't a much better than one in a free directory. I will take it for what its worth... about a penny, just another link. A dime a dozen...