> If this view is correct, increasing the amount of education that the average citizen receives is just wasting their time (as most people do not enjoy their ti

> If this view is correct, increasing the amount of education that the average citizen receives is just wasting their time (as most people do not enjoy their time in class), at great expense to them and the average taxpayer.[1] Even accepting your first premise, this does not follow. Even if degrees are 100% signalling and 0% actual education, it's still the right choice for the individual because that signalling has value. The alternative is that people who have the positive qualities that are signaled but not the money for the degree cannot get the jobs which require those characteristics and have good pay.