Indeed, but like many social science results, "signaling" has taken on a life of its own in the popular consciousness.
In the post above mine, signaling has gone from being an interesting and potentially measurable effect, to being the entire effect of education. Emphasis mine:
>>> An MBA, much like most schooling, is all about signaling. Anyone who frames our educational system in any other way is missing the point.
In the post above mine, signaling has gone from being an interesting and potentially measurable effect, to being the entire effect of education. Emphasis mine:
>>> An MBA, much like most schooling, is all about signaling. Anyone who frames our educational system in any other way is missing the point.