ERIC Number: ED447771
Record Type: RIE
Publication Date: 2000-Nov
Reference Count: N/A
Private Economic Benefit/Cost Ratios of a College Investment for Men and Women, 1967 to 1999.
Postsecondary Education Opportunity, n101 Nov 2000
This issue analyzed the income/cost ratios of a college investment decision for individuals. The analysis for men and women was done separately, because men and women have very different incomes at similar levels of educational attainment. Calculations were performed for each year from 1967 through 1999. Benefit (income) data were derived from the Census Bureau, while college cost data are from the National Center for Education Statistics. Main conclusions were: (1) a college education is a profitable investment; (2) for those who say they cannot afford college, the appropriate reply might be that they cannot afford not to go to college; (3) about the only thing more expensive than attending college is not attending college; and (4) most college educations are at least as good an investment in 1999 as they were three decades ago. The issue also examines education enlistment standards and attrition in military service, and analyzes the U.S. tax burden. (EV)
Descriptors: Bachelors Degrees, College Graduates, Education Work Relationship, Educational Benefits, Educational Economics, Educational Status Comparison, Employment Potential, Higher Education, Outcomes of Education, Socioeconomic Status, Success, Tables (Data)
Postsecondary Education Opportunity, P.O. Box 415, Oskaloosa, IA 52577-0415 ($118 for 12 issues). Tel: 641-673-3401; Fax: 641-673-3411; e-mail: firstname.lastname@example.org; Web site: http://www.postsecondary.org.
Publication Type: Collected Works - Serials; Numerical/Quantitative Data
Education Level: N/A
Authoring Institution: N/A