Human capital theory holds that a higher education will be pursued to the extent that its pecuniary rewards outstrip its costs. This notion is founded on the neoclassical economic assumption that expected earnings conditional on educational investment are accurately anticipated by those considering such investments. However, the evidence in…

With little or no effort to test underlying assumptions in the South African context, South African career counsellors have traditionally depended on "proven" assessment methods. Career counselling needs to move away from the almost sole use of psychometric tests to an approach that recognises an individual's social and historical…