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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