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50 Years of ERIC
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Peer reviewed Peer reviewed
ERIC Number: EJ497462
Record Type: CIJE
Publication Date: 1994
Pages: N/A
Abstractor: N/A
Reference Count: 0
ISBN: N/A
ISSN: ISSN-0964-5292
Educational Cost-Benefit Analysis.
Hough, J. R.
Education Economics, v2 n2 p93-128 1994
Educational cost-benefit analysis, as practiced in both industrialized and developing nations, has been much criticized. Manpower planning, the principal alternative, has received even harsher criticism. The two approaches should be combined in empirically based projects that study recent graduates and chart their subsequent employment progress. Such research could help validate cost-benefit studies and increase confidence in the effectiveness of educational planning. (87 references) (MLH)
Descriptors: Comparative Education, Cost Effectiveness, Developed Nations, Developing Nations, Educational Demand, Educational Planning, Elementary Secondary Education, Foreign Countries, Higher Education, Human Capital, Labor Needs, Models, Research Needs, Salary Wage Differentials
Publication Type: Reports - Evaluative; Journal Articles
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers: Rate of Return; United Kingdom; United States