A GLO discussion paper (Returns to Education and Overeducation Risk: A Dynamic Model by Lorenzo Navarini and Dieter Verhaest) gives new insights into how overeducation affects wage returns to higher education. It challenges long-held assumptions about overinvestment in college degrees and gives us a more nuanced understanding of educational outcomes.
  • JeenaEnglish
    4•4 months ago

    Higher education should obviously only be available to people of the higher casts it was always a mistake to let people of different casts mingle. /s

    • @TinModOP
      1•4 months ago

      The article actually argues that we should expand education, and the faults of “overeducated” risk is because of the job market being inefficient

  • @TinModOP
    3•4 months ago

    TLDR: Job market is shitty and rigged