The Returns Of Education Investments: A Research For Anadolu University Social Sciences Faculties Graduates
Education is one of the most important elements of human capital that determines economic development at macro level and individual income at micro level. For this reason, spending on education is an investment, whether it is done by individuals or by the state. Evaluation of education as an investment brings the question to mind-"What is the return on this investment, compared to other alternative investments?" Return on investments in education is calculated by taking into consideration the education expenditures made during the training, opportunity cost of time spent on education and expectations of future returns. The purpose of this study is to calculate the private rate of return on their investment for the university training of graduate students from faculty of humanities, faculty of education, faculty of law, faculty of communication sciences and faculty of economics and administrative sciences providing education at the undergraduate level of Eskisehir Anadolu University. For this purpose, a survey was made to those who has graduated from these faculties between the years 1999-2009 and the return on higher education were calculated in respect to the data obtained. A cost-benefit analysis method was used for calculating the internal rate of return. As a result of research, among related faculties, the highest return on education investment was found to be law school faculty. Respectively faculty of communication sciences, faculty of economic and administrative sciences, faculty of education and faculty of humanities followed this.
Volume (Year): 12 (2012)
Issue (Month): 2 (June)
|Contact details of provider:|| Postal: |
Phone: (90) (222) 335-0580 x 2743
Fax: (90) (222) 320-1304
Web page: http://www.anadolu.edu.tr/akademik/birim/genelBilgi/205/3429/1Email:
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:and:journl:v:12:y:2012:i:2:p:69-86. 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: (Social Sciences Institute)
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.