Belgium & Overeducation Risk: Job Market Friction vs Education Overinvestment
Belgium & Overeducation Risk: Job Market Friction vs Education Overinvestment
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...
Dafuq is "overeducation"? No such thing.
12It only exists in the belief of a conservative
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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
4The article actually argues that we should expand education, and the faults of "overeducated" risk is because of the job market being inefficient
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TLDR: Job market is shitty and rigged
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