The importance of the signalling mechanism in higher education

By Patrick Krassén – The value of education to the individual can be measured in several ways. The most commonly used method is the ‘human capital theory’, in which education increases the abilities, skills and knowledge – summarised as human capital – of the individual, and thus of the society at large as well. High levels of education in a society also correlate with other positive factors, such as better health, higher life expectancy and more civic engagement.1 Education, however, […]

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