Some people claim that degrees in liberal arts do not really train students for the job market. Their education provides little training value for their future jobs. According to the theory of signaling, why are such “useless” degrees useful in the job market? a.  The fact that student loans are available to students in all disciplines signals that the government cares about such degrees b.  The fact that the students completed the degrees signals to their potential employers that they can learn and perform c.  All of the answers are correct d.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter8: Market Failure
Section: Chapter Questions
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Some people claim that degrees in liberal arts do not really train students for the job market. Their education provides little training value for their future jobs. According to the theory of signaling, why are such “useless” degrees useful in the job market?
a.
 The fact that student loans are available to students in all disciplines signals that the government cares about such degrees
b.
 The fact that the students completed the degrees signals to their potential employers that they can learn and perform
c.
 All of the answers are correct
d.
 The fact that students want to complete such degrees signals that they care about the knowledge they accumulate
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