Cost-benefit Analysis of Investment in Higher Education:——Based on a Perspective of Individuals' Human Capital Investment
DU Li-xia
Abstract
DU Li-xia
Abstract
The growing popular concept of Education has no use,the incident of hundreds of thousands students quitting entrance examination to college in Chong Qing and employment difficulty and migrant workers shortage forced people to re-examine the value of individuals' human capital investment in college education.This paper,from the perspective of economics and from the angle of individuals' human capital investment,making use of theories of Game Theory and the present value approach of Investment Decision,analyzed the cost and benefit of college education to provide reference for future researchers.
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The growing popular concept of Education has no use,the incident of hundreds of thousands students quitting entrance examination to college in Chong Qing and employment difficulty and migrant workers shortage forced people to re-examine the value of individuals' human capital investment in college education.This paper,from the perspective of economics and from the angle of individuals' human capital investment,making use of theories of Game Theory and the present value approach of Investment Decision,analyzed the cost and benefit of college education to provide reference for future researchers.
Key concepts: Investment (military), Human capital, Perspective (graphical), Economic shortage, Value (mathematics), Economics, Labour economics, Capital investment