Imagine that someone offered you a choice: You could spend

Chapter , Problem 5

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Imagine that someone offered you a choice: You could spend 4 years studying at the worlds best university, but you would have to keep your atten-dance there a secret. Or you could be awarded an official degree from the worlds best university, but you couldnt 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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