This lack of signal is causing me problems - not only in career progression, but with my actual job! Stakeholders will occasionally look me up online and express their concern with superiors that I'm not from a Go8 university (Australian Ivy League equivalent) and that my formal education is underwhelming.
It's gotten to the point where my employer is considering (and is likely to) enrolling me in the nearest Go8 and giving paid time off from work to attend part time. They'll also pay for the degree.
And the weirdest part yet - the subjects closely correspond to my undergraduate subjects. This isn't an exercise in improving myself - this is solely to act as a signal.
Under this arrangement, I'm clearly the one that benefits. It costs me little in time, and no money. But the whole thing makes no sense. Surely we can create a better signal.