Tertiary education brings substantial net returns for men in Portugal and the United States, where an investment generates over US$ 300,000.see this
In Ireland, Portugal, Slovenia and the United States, the investment generates a net present value over US$ 150,000 for a woman – a strong incentive to complete this level of education.see this
Public returns for upper secondary education for a man are positive in all countries except Estonia; and for a woman in all countries except in Estonia, Israel and Korea.see this
Direct and indirect public investment costs for a man exceed US$ 50,000 in Denmark, Finland, Germany, the Netherlands, Norway and Sweden. In Korea and Turkey, the total public investment cost does not exceed US$ 15,000.see this
That's edu helps to study the economic and social benefits of education.
Studying the data related to the interdependence of education and society can reveal trends and insights crucial to shaping policy and improving well-being through education.
Continuing education after compulsory schooling can be thought of as an investment with the potential to bring benefits in the form of future financial returns both for the individuals and the society.
People and Governments invest in education through direct(i.e. tuition fees) and indirect(i.e. sacrificing potential income while studying instead of working) expenditures. These investments can generate returns that can be calculated.
That's edu visualizes all the aspects of the costs and investments in higher education in an extended set of OECD countries. Through the use of filters the user can compare and analyze each country in every economic indicator part of the econmic return on education.
That's edu is based on the Education at a Glance 2012 published by the OECD - Organisation for Economic Co-operation and Development.
This publication examines the quality of learning outcomes, the policy levers and contextual factors that shape these outcomes, and the broader private and social returns that accrue to investments in education.
Broken down by gender, public/private value, and secondary/tertiary education level, and including all 34 OECD countries, this data set offers a comprehensive view of the economic return on education.
The classification of the levels of education is based on the International Standard Classification of Education.
That's edu shows data related to Higher Education considering it as made of two levels of educations: Upper Secondary and Tertiary.
Please note that to simplify we simply call Upper Secondary Education as the sum of Upper secondary education and Post-secondary non-tertiary education.
Visit Education at a Glance 2012 on the OECD web site to explore the full report for context, analysis, and more data.