There are four types of capital: economic, human, cultural, and social. The distribution of capital in home and school settings affects the types of educational outcomes and the quality of lifelong opportunities that individuals are able to enjoy. Resource availability and accessibility influence the success levels at which teaching and learning…

One of the best ways to avoid being poor as an adult is to obtain a good education. Individuals with higher academic achievement and more years of schooling earn more than those with lower levels of human capital. This is not surprising given that we believe that schooling makes people more productive, allowing them to command higher wages in the…

Education policy in sub-Saharan Africa is predicated on human capital assumptions and therefore promotes the expansion of formal education as a way to promote economic growth. As a result, formal education is valued primarily as a private consumer good, a form of cultural capital that allows some to get ahead and stay ahead, rather than as a…

There is a childhood saying about a confused dog who thinks he sees a possum in a tree. The problem is that the possum is actually in a different tree so the dog barks up the wrong tree. American education is constantly playing both dog and possum. Sometimes they are the prey, and sometimes they are just confused about what and where the prey is.…

The differences between continuing professional education (CPE) and training are examined by presenting a systems view of the factors that make CPE different from training. The authors analyze these differences by discussing scope, stakeholders, control, and occupational mobility. These factors provide a framework for examining differences between…

One of the dominant contributory factors to a country's long-run productivity and economic growth is the education, training and skills possessed by its working-age population. Higher education qualifications are one of the key mechanisms in generating wealth for the students who attain them. The provision of education and skills also produces…

Spurred by the Nigerian government's concern about transition rates into the three-year junior secondary segment of the nation's new 6-3-3-4 educational system, this paper reviews the literature, examines transition rates in 22 states, and concludes that most states have fallen below the 70 percent projected national transition rates during…

The hypothesized effects of educational attainment on adult civic engagement and attitudes provide some of the most important justifications for government intervention in the market for education. This study presents evidence on whether these externalities exist. It assesses and implements two strategies for identifying the effects of educational…

Family background as a single entity, as distinguished from schooling in its effect, has been found to play a dominant role in children's educational outcomes on such indices as academic achievement, school persistence, and educational attainment. What are the mechanisms and/or processes through which family background creates and reproduces these…

A regression analysis of 1966 National Longitudinal Survey data compared the human capital returns of employees with those of self-employed owners of nonfarm businesses, using information on income, grade completed, race, vocational training, and other variables. Results indicate the human capital returns were basically similar for both groups.…

The ingredients that underpin economic growth are well-known and generally accepted; population growth, physical capital, financial capital and human capital all play a part in creating long term differences in the wealth of nations. There remains, however, considerable debate about the ideal recipe for economic growth. Recently, Statistics Canada…

This paper reports labour market returns to education in Bangladesh using data from recent nationwide household survey. Returns are estimated separately for rural and urban samples, males, females and private-sector employees. Substantial heterogeneity in returns is observed; for example, estimates are higher for urban (than rural sample) and…

This paper estimates the returns to education for adult male workers in regular and casual wage employment using Indian national survey data at three points in time spanning almost two decades. Both standard and augmented Mincerian wage equations are estimated using a set of human capital measures and other controls after addressing the issue of…

Economic success is an aim of governments around the world. Their "human capital" stance towards higher education implies the need to develop graduates' capabilities to the full. The concept of graduate "employability", currently being developed in the light of theory and empirical data, is beginning to find acceptance in the…

The contributions of marketing education programs to business and society were analyzed and considered from the perspective of human capital theory and social attainment theory. It was concluded that such programs are a nexus for vocational education and the labor market. (JOW)