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Folly Beach Library
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Wando Mount Pleasant Library
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Village Library
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Otranto Road Library
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The Academic Takes It All? A Comparison of Returns to Investment in Education between Graduates and Apprentices in Canada
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- Author(s): Kopatz, Susanne; Pilz, Matthias
- Language:
English- Source:
International Journal for Research in Vocational Education and Training. 2015 2(4):308-325.- Publication Date:
2015- Document Type:
Journal Articles
Reports - Research - Language:
- Additional Information
- Availability: European Educational Research Association / European Research Network Vocational Education and Training.Am Fallturm 1, Bremen, 28359, Germany. Tel: +49-421-218-66336; Fax: +49-421-218-98-66336; e-mail: [email protected]; Web site: http://www.ijrvet.net
- Peer Reviewed: Y
- Source: 18
- Education Level: Higher Education
Postsecondary Education - Subject Terms: Foreign Countries; Outcomes of Education; Comparative Analysis; College Graduates; Apprenticeships; Education Work Relationship; Vocational Education; Librarians; Skilled Workers; Electrical Occupations; Income; Correlation; Reputation; Educational Benefits; Social Status; Computation; Costs; Evaluation Methods
- Subject Terms:
- ISSN: 2197-8646
- Abstract: This paper analyses the returns to education of specific occupations in Canada. The purpose is to scrutinize whether and in how far academic and vocational education do differ in monetary benefits regarding individual returns. Therefore, two different methodologies of calculation are used to compute the concrete returns to education. As a result it is shown empirically that within the here selected occupational groups (e.g. librarians and electricians) there is no decisive earnings benefit regarding academic careers, although a positive correlation of income level and educational achievement can be verified. Our findings justify revisiting the underlying assumption that vocational education and training cannot generate benefits comparable with those generated by higher education. The earnings data suggest that monetary aspects may be less crucial than generally assumed to the reputation and perceived value of vocational education and training. Therefore, social status and prestige seem to be the most significant contributory factors to vocational training's low status in Canada.
- Abstract: As Provided
- Number of References: 57
- Publication Date: 2017
- Accession Number: EJ1127790
- Availability:
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