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Home > EconTalk > Bryan Caplan on College, Signaling and Human Capital
Podcast: EconTalk
Episode:

Bryan Caplan on College, Signaling and Human Capital

Category: Education
Duration: 01:02:59
Publish Date: 2014-04-07 06:30:00
Description: Bryan Caplan of George Mason University and blogger at EconLog talks to EconTalk host Russ Roberts about the value of a college education. Caplan argues that the extra amount that college graduates earn relative to high school graduates is misleading as a guide for attending college--it ignores the fact that a sizable number of students don't graduate and never earn that extra money. Caplan argues that the monetary benefits of a college education have a large signaling component rather than representing the value of the knowledge that's learned. Caplan closes by arguing that the subsidies to education should be reduced rather than increased.
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