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Social Science Clinic => Economics => Microeconomics => Topic started by: 2125004343 on Jul 21, 2019

Title: Why do college graduates earn higher wages than non-graduates?
Post by: 2125004343 on Jul 21, 2019
Why do college graduates earn higher wages than non-graduates?
Title: Why do college graduates earn higher wages than non-graduates?
Post by: stallen on Jul 21, 2019
There are at least two explanations. First is the "learning effect" of college attendance: people who go to college earn more because they acquired valuable skills in college. In addition, the "signaling effect" suggests that individuals can indicate their high ability levels by going to college, a costly signal for low-ability people.
Title: Why do college graduates earn higher wages than non-graduates?
Post by: 2125004343 on Jul 21, 2019
Excellent
Title: Why do college graduates earn higher wages than non-graduates?
Post by: stallen on Jul 21, 2019
Great! Please up vote :D