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A comment on School is all about signaling, not skill-building. Parent comment

Re:School is all about signaling, not skill-building by icebraining on Saturday March 16, 2019 @07:54AM (#19407364)
> The value of an e.g. Princeton degree is that you're the sort of person that could get accepted into Princeton

This doesn't explain why a dropout (or even just someone with an acceptance letter but who never joined) isn't worth as much in the labor market as someone who finished the degree.

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Re:School is all about signaling, not skill-building by tchaffee on Saturday March 16, 2019 @10:38AM (#19407997)
Why not? Those things also tell me what sort of person you are. If you took away that extra information and only told me which job applicants got accepted to Princeton and which didn't, then it would still be useful signal on its own.
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