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up to A levels, SATs etc. not counting university degrees.

2007-10-20 05:50:47 · 1 answers · asked by sal 1 in Education & Reference Other - Education

1 answers

in broad terms, yes ... and the results are positive [better school results = better income].

Over in America, where the average young bloke [~25 or so] now has a college degree, the calculated return to getting that next level of education is strongly positive, even after accounting for lost wages and taxes as costs and imputing interest on the out of pocket expenses. [analysis done for government schools, not for higher priced private institutions.]

Estimated rates of return start at 15% per year and go up from there.


oh

2007-10-20 06:04:47 · answer #1 · answered by Spock (rhp) 7 · 0 0

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