Perceived Rates of Return to Higher Education: Further Evidence from Cyprus

Autor/in	Menon, Maria Eliophotou
Titel	Perceived Rates of Return to Higher Education: Further Evidence from Cyprus
Quelle	In: Economics of Education Review, 27 (2008) 1, S.39-47 (9 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0272-7757
DOI	10.1016/j.econedurev.2006.07.009
Schlagwörter	Higher Education; Human Capital; Regression (Statistics); Educational Benefits; Education Work Relationship; Foreign Countries; Secondary School Students; Economic Factors; Models; Student Attitudes; Cyprus + Suchen Sie Ihr Suchwort? Hochschulbildung; Hochschulsystem; Hochschulwesen; Humankapital; Regression; Regressionsanalyse; Bildungsertrag; Ausland; Sekundarschüler; Ökonomischer Faktor; Analogiemodell; Schülerverhalten; Zypern
Abstract	The paper provides new estimates of the perceived rates of return to higher education in Cyprus and compares them to previous estimates for the year 1994 in the same country. Both the elaborate and the short-cut methods are used in the estimation of rates of return. The estimated rates are entered as independent variables in logistic regression analysis in order to study the effect of economic considerations on the decision of secondary school students to pursue higher education. The findings show an increase in the perceived rate of return for both higher education and labour market entrants. In agreement with human capital theory, the mean rate of return to higher education expected by higher education candidates is considerably higher than that expected by labour market entrants. In two logistic regression models, the perceived rate of return to higher education, as estimated by both the elaborate and the short-cut methods, has a significant effect on the students' intention to pursue higher studies. (Author).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10