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Download full textDaun-Barnett, Nathan J. – Association for Institutional Research, 2012
For more than 50 years, human capital theory has been the cornerstone for understanding the value of investing in individuals' productive capacities in terms of both personal social and economic gain and the collective benefits that accrue to society. Vedder and Denhart (2007) challenge the hypothesis that public investment in higher education…
Descriptors: Public Colleges, Cost Effectiveness, State Aid, Educational Finance
