---Originally published by Denae Mongeon at ECON 260 Comp Econ Systems – Spring 2017 – Denae Mongeon

“Students, meanwhile, are not buying education any more than the government is. They are buying degrees, whose main purpose is to signal to employers that an individual went to a—preferably highly selective—university.” “Evaluators relied so intensely on ‘school’ as a criterion of evaluation not because they believed that the content of elite curricula better prepared …

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