According to the human-capital view of education, education a. has no impact on the human capital of workers b. can make any worker into a superstar c. only helps firms sort workers into high-ability and low-ability workers d. increases human capital and the wages of workers

Education plays a crucial role in enhancing an individual’s skills, knowledge, and capabilities, which fundamentally increases their human capital. This boost in human capital often translates into higher productivity and, consequently, higher wages. So, investing in education can significantly pay off in the job market! Looking at real-world application, the idea that education increases human capital has been supported by numerous studies showing a direct correlation between education levels and income. Many employers prefer candidates with higher educational qualifications, not only as a filtering tool but also because these candidates are often equipped with better problem-solving skills and adaptability, making them valuable assets to any organization.