The Economics of Education

ability additional adjustment amount analysis appears approach argued associated assumed average benefits calculations capital cent changes Chapter column compared computed concerning considered contribution costs determine differentials direct discount discussion distribution districts earnings economic growth educa effect elementary enrollment equal Equation estimates example exist expected expenditures factors federal figures Finally follows force foregone formula Further given graduates high school higher education human capital improvements income increase indicate individuals inputs institutions interest investment Journal labor less marginal measure method million noted obtained opportunity output period persons planning possible present present value production pupil rate of return relative requirements Research salaries Second secondary Selected social Source Statistics suggested Table teachers teaching tion United University utilized variables various