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If you think education’s expensive, try ignorance! —Derek Bok

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Presentation on theme: "If you think education’s expensive, try ignorance! —Derek Bok"— Presentation transcript:

1 If you think education’s expensive, try ignorance! —Derek Bok
Chapter 6 Human Capital If you think education’s expensive, try ignorance! —Derek Bok

2 Educational Attainment by Selected Characteristic:2003(Persons 25 and older)

3 Mean Earnings by Highest Degree Earned:2002

4 Alternative Earnings Streams

5 Wage-Schooling Locus

6 Optimal Stopping Rule

7 Optimal Stopping Rule

8 Optimal Stopping Rule

9 Rate of Return to Schooling

10 Wage-Schooling Locus

11 Wage-Schooling Locus

12 Mean Annual Earnings for Full-Time Full Year Male Workers,2004

13 Mean Annual Earnings for Full-Time Full Year Female Workers,2004

14 Post-schooling Investment

15 Summary

16 Summary

17 Summary

18 Summary

19 Summary

20 Summary

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