Document Type
Article
Subject Area(s)
Business - Economics
Abstract
Focuses on the net present value rule for educational investments. Profitability of investment in education; Omission of direct educational costs from the benefit-cost calculations; Standards on the applicability of the net present value rule.
Publication Info
Published in Journal of Political Economy, Volume 80, Issue 2, 1972, pages 418-420.
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© 1972 by University of Chicago Press