This is Wally Hendricks's Typepad Profile.
Join Typepad and start following Wally Hendricks's activity
Join Now!
Already a member? Sign In
Wally Hendricks
Recent Activity
A fairly large portion of the return to schooling must be the signal that a particular degree gives to potential employers. As high schools make it easier to graduate and get high grades, the return to graduation declines. As public universities make it easier to be admitted the value of their degrees will also fall. This will require more students to get advanced degrees even though there may be little additional learning. If liberal arts colleges start to allow much easier admission, the value of their degree would go down tremendously. All of this is predicted by the signaling model of education. The value of the quality of classmates is easily explained by this model.
1 reply
Wally Hendricks is now following The Typepad Team
Jan 28, 2013