Chapter 19

When reading about human capital, I started to think more in depth. With employers generally willing to pay more for someone who is highly educated, rather than someone not educated, I know understand better why certain employers will pay for someone to go further with their degree. My brother worked at an engineering company of trucks, they would pay for him to get a masters, because the cost of them paying for it will be beneficial to the company because he will be more knowledgeable.
Hard work usually always pays off. When reading this section about effort, I thought of myself. I started a job at a golf course as a greens keeper the first year. I put all my effort into that position and had a natural ability of working with machinery. The next year I was an irrigation technician, making more than people that had been there 6 years.
The signaling theory of education caught my attention. While I agree that people view people with a higher standard if they have a four-year degree, I don’t think it is always right. I know many friends from high school who got a 4-year degree, but didn’t learn anything in those 4 years. I know people from high school who didn’t go to college and will be more successful in life than those who did just to do it.