Back in 1950, when adult male dropouts outnumbered high school grads two to one, the U.S. murder rate was no higher than today.53 Signaling’s elegant explanation: Back in 1950, the average dropout stood at the 33rd percentile of achievement, so employer stigma against dropouts was mild. Today, the average dropout stands at the 10th percentile of achievement, so the employer stigma against dropouts is severe, making crime an appealing substitute for honest toil.
Would'nt have guessed this many dropouts in essentially my father's generation
