Rivera, Laura A. (2011). Ivies, extracurriculars, and exclusion: Elite employers’ use of educational credentials. Research in Social Stratification and Mobility, 29, 71–90.
Rivera discussed the ways that employers interpret educational credentials to inform their hiring decisions. She described that employers notice the prestige of the credentials in the screening process. The paper explained that the extra-curricular activities provide a barometer or measure of one’s social and moral character and translate into value for the labor market. It looked into the process by which formal schooling translates into higher returns and the ways by which employers interpret such credentials, studying investment banks, law firms, and management consulting firms. Rivera presented the perception that the more prestigious a school is, the faster an applicant will learn and pick up concepts, viewing educational credentials as an indicator of potential intelligence and status.
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