Tuesday, September 15, 2009

Higher education and the recession: It still pays to study | The Economist

Higher education and the recession: It still pays to study | The Economist: "The OECD’s answer is simple: the more education, the better. Taking into account tuition fees, lost earnings while studying and extra taxes paid, a male graduate is still $82,000 better off (see chart) in net present value terms than one whose education ended with the equivalent of a high-school diploma. (Women graduates benefit, but by less, since they work and earn less.) Figures show that, so far, the taxpayer has gained too, by more than $50,000 per graduate, even after subtracting the public funds that helped to pay for their studies."

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