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The Payoff: Returns to University, College and Trades Education in Canada, 1980 to 2005

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Author Info

  • Daniel Boothby

    (Industry Canada)

  • Torben Drewes

    (Trent University)

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    Abstract

    Among OECD countries, Canada has the highest percentage of postsecondary graduates in the population 25-64 years old, which is due to having a large proportion of nonuniversity postsecondary graduates from colleges and trade schools. By considering the financial returns to types of postsecondary education, which reflect demand and supply, this paper examines whether Canada has produced too many postsecondary graduates in general, or too many graduates from colleges or trade schools in particular. The answers to both questions is no. There are high rates of return to higher education, with the exception of women graduates of trade schools.

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    File URL: http://www.cdhowe.org/pdf/ebrief_104.pdf
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    Bibliographic Info

    Paper provided by C.D. Howe Institute in its series e-briefs with number 104.

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    Length: 6 pages
    Date of creation: Aug 2010
    Date of revision:
    Publication status: Published on the C.D. Howe Institute website, August 2010
    Handle: RePEc:cdh:ebrief:104

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    Keywords: Education Papers; postsecondary education; OECD countries;

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    1. Claudia Goldin & Lawrence F. Katz, 2007. "Long-Run Changes in the U.S. Wage Structure: Narrowing, Widening, Polarizing," NBER Working Papers 13568, National Bureau of Economic Research, Inc.
    2. Claudia Goldin & Lawrence F. Katz, 2007. "Long-Run Changes in the Wage Structure: Narrowing, Widening, Polarizing," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 38(2), pages 135-168.
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    Cited by:
    1. Clyde Goodlet, 2010. "Too Big to Fail: A Misguided Policy in Times of Financial Turmoil," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 311, October.
    2. Stuart Landon & Constance Smith, 2010. "Energy Prices and Alberta Government Revenue Volatility," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 313, November.
    3. Bob Baldwin & Brian FitzGerald, 2010. "Seeking Certainty in Uncertain Times: A Review of Recent Government-Sponsored Studies on the Regulation of Canadian Pension Plans," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 310, September.
    4. Kevin D. Moore & William Robson & Alexandre Laurin, 2010. "Canada’s Looming Retirement Challenge: Will Future Retirees Be Able to Maintain Their Living Standards upon Retirement?," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 317, December.
    5. Andrew Green & Michael Trebilcock, 2010. "The Eco-Fee Imbroglio: Lessons from Ontario’s Troubled Experiment in Charging for Waste Management," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 316, December.
    6. Benjamin Dachis, 2010. "Picking up Savings: The Benefits of Competition in Municipal Waste Services," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 308, September.
    7. Philippe Bergevin & David Laidler, 2010. "Putting Money Back into Monetary Policy: A Monetary Anchor for Price and Financial Stability," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 312, October.
    8. Robbie Brydon & Ben Dachis, 2013. "Access Denied: The Effect of Apprenticeship Restrictions in Skilled Trades," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 380, May.
    9. David C. Allan & Philippe Bergevin, 2010. "The Canadian ABS Market: Where Do We Go From Here?," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 315, November.
    10. Ben Dachis, 2013. "Cars, Congestion and Costs: A New Approach to Evaluating Government Infrastructure Investment," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 385, July.
    11. Pierre Siklos & Andrew Spence, 2010. "Faceoff: Should the Bank of Canada Release its Projections of the Interest Rate Path? – The Cases For and Against," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 134, October.

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