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Extra Earning Power: The Financial Returns to University Education in Canada

Author

Listed:
  • Karim Moussaly-Sergieh

    (Statistics Canada)

  • Francois Vaillancourt

    (Université de Montréal)

Abstract

Getting a university degree offers substantial financial returns, for women more so than men and for undergraduate degrees more so than advanced degrees. This report finds that high returns to education signal high labour demand in particular fields relative to supply, information which is helpful for policymakers who distribute funds and for students who must choose their specialty.

Suggested Citation

  • Karim Moussaly-Sergieh & Francois Vaillancourt, 2009. "Extra Earning Power: The Financial Returns to University Education in Canada," e-briefs 79, C.D. Howe Institute.
  • Handle: RePEc:cdh:ebrief:79
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    File URL: https://www.cdhowe.org/extra-earning-power-the-financial-returns-to-university-education-in-canada/4522
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    Citations

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    Cited by:

    1. Thorsten V. Koeppl, 2009. "How Flexible Can Inflation Targeting Be? Suggestions for the Future of Canada's Targeting Regime," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 293, August.
    2. Don Drummond & Evan Capeluck & Matthew Calver, 2015. "The Key Challenge for Canadian Public Policy: Generating Inclusive and Sustainable Economic Growth," CSLS Research Reports 2015-11, Centre for the Study of Living Standards.
    3. William B.P. Robson & Alexandre Laurin, 2015. "Challenges, Growth and Opportunity: A Shadow Federal Budget for 2015," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 423, April.

    More about this item

    Keywords

    social policy; university postsecondary education; internal rate of return;

    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
    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare

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