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A comment on NYU Makes Tuition Free for All Medical Students. Parent comment
https://msu.edu/~conlinmi/teaching/EC860/signallingscreening...
tl;dr: In markets where the cost of education is less than the increase in wages, the real cost of education isn't the fee, it's the relative effort of passing it.
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https://msu.edu/~conlinmi/teaching/EC860/signallingscreening...
tl;dr: In markets where the cost of education is less than the increase in wages, the real cost of education isn't the fee, it's the relative effort of passing it.