Comment by rahimnathwani
9 months ago
I should have been more specific about what I meant :)
Your answer is reasonable but, it's entirely about the principal-agent problem.
What if you were the boss, and you were accountable only to yourself and your family?
Realistically, I would weight the two educations as roughly equal and judge on other factors.
If I had to choose between:
A) Someone with a 4-year degree in English, from Pittsburg State (one of the two colleges in that study), and
B) Someone who just finished high school, and got a high SAT score.
Then I'd choose B. (Being a graduate of Pittsburgh State suggests an SAT score in the range 900 to 1200.)