EDUCATION IS UNFIT FOR MODERNITY
–“Employers seek three characteristics in potential employees: intelligence, conscientiousness and the ability to conform. They want bright people who have demonstrated their ability to apply themselves, keep on task, do what is expected of them, take orders from superiors and operate successfully in an environment which might be dull, soporific and tedious. Being able to secure a high school diploma and/or being able to secure a college degree are central to that process. Formal education, which is completed, signals the student/ applicant’s abilities in this regard. What you learned is of far less importance than what you have demonstrated that you are able to do (in a setting that may well bear no relationship to the job for which you are applying). Professor Caplan estimates the amount of ‘return’ based on signaling at approximately 80%.”–