IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Estimating Private Rate Of Retun On Higher Education In Pakistan

Listed author(s):
  • Malik Fahim BASHIR


    (Department of Management Sciences, COMSATS Institute of Information Technology Abbottabad, Pakistan)

  • Muhammad Mazhar IQBAL


    (Department of Economics, Quaid-i-Azam University, Islamabad, Pakistan)

  • Khalid ZAMAN


    (Department of Management Sciences, COMSATS Institute of Information Technology, Abbottabad, Pakistan)

Registered author(s):

    The current study focuses primarily on estimating private rate of return for two successive degrees of higher education in Pakistan namely M.Phil and PhD. Sensitivity analysis on calculations of the average private rate of return to university education is undertaken. This involves checking how estimates of the rate of return vary with key assumptions used to calculate the rate of return. Further, to estimate internal rate of returns, explicit & implicit costs and earnings on BPS-2005 scale to which a degree holder is eligible to apply. Estimates of the rate of return to a university degree would provide one measure of the net monetary benefits from higher education. Result reveals that private rate of return is extremely low for M.Phil and PhD degrees that can explain dismay situation of higher education in the country. To boost higher education, private rate of return must increase that can be achieved effectively either by raising pay scales, or by giving interest-free scholarships or by increasing retirement age.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    Download Restriction: no

    Article provided by Alexandru Ioan Cuza University, Faculty of Economics and Business Administration in its journal Review of Economic and Business Studies.

    Volume (Year): (2011)
    Issue (Month): 7 (May)
    Pages: 179-197

    in new window

    Handle: RePEc:aic:revebs:y:2011:i:7:bashirm
    Contact details of provider: Postal:
    Universitatea Al. I. Cuza; B-dul Carol I nr. 22; Iasi

    Phone: 004 0232 201070
    Fax: 004 0232 217000
    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:aic:revebs:y:2011:i:7:bashirm. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sireteanu Napoleon-Alexandru)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.