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stars_and_moon stars_and_moon
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Posts: 3218
5 years ago
Contrast the difference in a college education as human capital compared to college education as a signal.
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kingbykingby
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5 years ago
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  If college education is human capital, then an employee will be rewarded by higher wages for learning skills and acquiring knowledge while in college that increase the employees productivity.  If college education is a signal, then an employee will be rewarded with higher wages by attending college because the fact the individual attends college gives the employer a signal as to the type of employee the person will be.  There is a big difference between the two models.  Education as human capital means what you learn in college is important; education as a signal means doing well rather than what you learn is important.
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wrote...
5 years ago
I figured, great answer
wrote...
5 years ago
I was slightly debating this one, thanks for the feedback
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