Estimating the Social Value of Higher Education

USAEstimating the Social Value of Higher Education: Willingness to Pay for Community and Technical Colleges by Glenn C. Blomquist, Paul A. Coomes, Christopher Jepsen, Brandon C. Koford, Kenneth Troske (March 2009). Abstract: Much is known about private returns to education in the form of higher earnings. Less is known about social value, over and above the private, market value. Associations between education and socially-desirable outcomes are strong, but disentangling the effect of education from other causal factors is challenging. The purpose of this paper is to estimate the social value of one form of higher education …” (more)

[Liam Delaney, Geary Behavioural Economics Blog, 12 May]

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