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Frayed Prospects, Despite a Degree

nytimes.com

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Re: Frayed Prospects, Despite a Degree

#51
post #50
post #45

Earlier quoted context omitted.

My SO is from Singapore, and they tend to give jobs to degree holders without any hitch (pay grade is a different question).

See http://www.mom.gov.sg/foreign-manpower/passes-visas/employme...

OH, I did work there, I've left :) My point was missed I suspect. I said it's easy for Crap-degree holders to get job in Singapore, vs the rest of the world.

Re: Frayed Prospects, Despite a Degree

#52
post #43

Earlier quoted context omitted.

You are not paying for the education, you are paying for the signalling. And the signalling is basically auction.

I 100% agree you're paying for the signalling. But it's not an auction. Unless by auction you mean "the seller gets the government to pay upfront any price the seller chooses, and the government and buyer (student) get to work it out later as they see fit".

Oh, it's an auction in the sense that the students bid for education-signalling. With their money and their (prep-) time.
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