Compared to the typical high-school graduate, the typical college graduate has greater human capital and thus more options for both low-skill and high-skill jobs. This is called

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The learning effect of a college education refers to the actual knowledge and skills gained by students through their college education, which can increase their human capital and expand their job opportunities. The signaling effect of a college education refers to the perception by employers that college graduates are more qualified and productive, even if they have not necessarily gained specific job-related skills. The discriminatory effect of a college education refers to the potential for college degrees to reinforce social inequality by providing greater advantages to those who can afford to attend college. While all three effects may be present to some extent, the question specifically asks about the impact of greater human capital and job options, which is most closely related to the learning effect.

Compared to the Typical High-School Graduate, the Typical College Graduate