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In the context that it's required to get certain jobs? So we -- society -- have screwed up in conflating education and job training?



Yes, we have.


One conversation I had with a senior employee at a very large company said that university was very important for signalling. They knew that someone who went to (for example) MIT was admitted to MIT, which indicates a certain amount of raw intelligence. Their legal department would not allow administering any sort of IQ test, so the school one went to was a proxy for IQ.




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