The Payoff: Returns to University, College and Trades Education in Canada, 1980 to 2005
AbstractAmong 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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Bibliographic InfoPaper provided by C.D. Howe Institute in its series e-briefs with number 104.
Length: 6 pages
Date of creation: Aug 2010
Date of revision:
Publication status: Published on the C.D. Howe Institute website, August 2010
Education Papers; postsecondary education; OECD countries;
Find related papers by JEL classification:
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-09-18 (All new papers)
- NEP-EDU-2010-09-18 (Education)
- NEP-LAB-2010-09-18 (Labour Economics)
- NEP-SOG-2010-09-18 (Sociology of Economics)
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