Re:Half of UK university students think degree is poor value...
by ergot_vacation on Thursday June 24, 2021 @12:20PM
(#27619795)
"The Case Against Education" by Bryan Caplan lays out exactly this argument:
"Caplan argues that the primary function of education is not to enhance students' skills but to certify their intelligence, conscientiousness, and conformity—attributes that are valued by employers. He ultimately estimates that approximately 80% of individuals' return to education is the result of signaling, with the remainder due to human capital accumulation."
"Caplan argues that the primary function of education is not to enhance students' skills but to certify their intelligence, conscientiousness, and conformity—attributes that are valued by employers. He ultimately estimates that approximately 80% of individuals' return to education is the result of signaling, with the remainder due to human capital accumulation."