Re:School is all about signaling, not skill-building
by hopler on Saturday March 16, 2019 @09:37AM
(#19407758)
> Anyone who used this to argue that a degree wasn’t a strong useful signal
Reread the title of the article.
The question is whether an individual would benefit from college even if everyone's college was enrollment/graduation status was kept secret from everyone, even classmates.
... among the population who have been hired to do the job. This is conditioning on the collider. The people without a degree who got in are a highly selected sample compared to all people without degrees. Anyone who used this to argue that a degree wasn’t a strong useful signal Wouk be making the same mistake as those trying to get rid of the GRE in graduate admissions because in the population admitted the GRE doesn’t predict anything. If it did that would show under or overweighting ofbthe signal it sends. Zero correlation shows it has been given appropriate weight.