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Obtaining a general equivalency degree

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A study shows that, for American high school dropouts, obtaining a General Equivalency Degree (GED) by part-time study after high school has very little payoff. It also shows, however, that for immigrants who did not complete high school in their native countries, obtaining a GED has a relatively large payoff. Can signaling theory be used to explain these results?

Reference no: EM132274892

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