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Dubois, Julie – Human Resources Development Canada, 2002
This paper uses the theory of human capital to model post-secondary education enrolment decisions. The model is based on the assumption that high school graduates assess the costs and benefits associated with various levels of post-secondary education (college or university) and select the option that maximizes the expected net present value.…
Descriptors: Human Capital, Marital Status, High School Graduates, Foreign Countries