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Higher Learning, Greater Good

The Private and Social Benefits of Higher Education

Jezik AngleščinaAngleščina
Knjiga Trda
Knjiga Higher Learning, Greater Good Walter W. McMahon
Koda Libristo: 04710085
Založba Johns Hopkins University Press, maj 2009
A college education has long been acknowledged as essential for both personal success and economic g... Celoten opis
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A college education has long been acknowledged as essential for both personal success and economic growth. But the measurable value of its nonmonetary benefits has until now been poorly understood. Walter W. McMahon, a leading education economist, carefully describes these benefits and suggests that higher education accrues significant social and private benefits. McMahon's research uncovers a major skill deficit in the United States and other OECD countries owing to technical change and globalization. Yet a college degree brings better job opportunities, higher earnings, and even improved health. Higher education also promotes democracy and sustainable growth and contributes to reduced crime and lower state welfare and prison costs. These social benefits are substantial in relation to the costs of a college education. Offering a human capital perspective on these and other higher education policy issues, McMahon suggests that poor understanding of the value of nonmarket benefits leads to private underinvestment. He offers policy options that can enable state and federal governments to increase investment in higher education.

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O knjigi

Polni naslov Higher Learning, Greater Good
Jezik Angleščina
Vezava Knjiga - Trda
Datum izida 2009
Število strani 432
EAN 9780801890536
ISBN 0801890535
Koda Libristo 04710085
Teža 748
Mere 164 x 236 x 32
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