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Returns to Education in Nepal: An Analysis of Educational Attainment, Employability and Social Mobility
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Amrit Thapa; Moe Izawa – Education Economics, 2024
This study examines the impact of educational attainment on employment and earnings in Nepal. Using the Nepal Labour Force Survey 2017-2018 cycle, we employ an extended earnings function derived from the foundational Mincer equation to estimate returns to education. The results underscore the overall positive impact of education (1.76, 3.73, 7.68…
Descriptors: Outcomes of Education, Social Mobility, Equal Education, Educational Opportunities
Which College Types Increase Earnings? Estimates from Geographic Proximity
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Jennifer L. Steele – Education Economics, 2024
The question of why postsecondary institutions produce different labor market outcomes is difficult to answer due to unobserved student characteristics. Here, I leverage students' geographic proximity to three classifications of postsecondary institutions -- earnings-enhancing, competitive, and Historically Black Colleges and Universities (HBCUs).…
Descriptors: Outcomes of Education, Black Colleges, Selective Admission, Institutional Characteristics
An Empirical Investigation of the Financial Value of a College Degree
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Lobo, Bento J.; Burke-Smalley, Lisa A. – Education Economics, 2018
We generate selection-adjusted NPV and IRR estimates for a bachelor's degree in the U.S. which account for time-to-graduation, debt financing and tuition levels. We find that a college degree is generally worthwhile, but the private value of the investment is a declining function of time-to-graduation. Selection-adjustments show that for students…
Descriptors: Higher Education, Educational Attainment, Bachelors Degrees, Tuition