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screening (J2, J3)<br />An explanation of the higher pay of more educated workers used as an alternative to HUMAN CAPITAL theory. It is asserted that firms choose graduates on the basis of their qualifications as these indicate natural abilities and training potential rather than particular skills. Also applied to the Study of UNEMPLOYMENT.
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<strong>Cost of Attendance (COA)</strong> – An estimate of a student' s total education-related expenses for an enrollment period.
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