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What do you hope to gain by your attendance at institutions of higher education? Is it primarily a higher income, as suggested by human capital theory, or do you have other objectives in mind?
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This knowledge is not only valuable for personal growth and intellectual development but also for professional advancement. By gaining a deeper understanding of a subject, I can become more competent and confident in my chosen career path. Show more…
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Education seems to be important for human capital deepening. As people become better educated and more knowledgeable, are there limits to how much additional benefit more education can provide? Why or why not?
Imagine that someone offered you a choice: You could spend four years studying at the world's best university, but you would have to keep your attendance there a secret. Or you could be awarded an official degree from the world's best university, but you couldn't actually attend. Which choice do you think would enhance your future earnings more? What does your answer say about the debate over signaling versus human capital in the role of education?
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