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Higher Learning, Greater Good: The Private and Social Benefits of Higher Education - Couverture souple

McMahon, Walter W. W.

 
9781421424033: Higher Learning, Greater Good: The Private and Social Benefits of Higher Education
Couverture souple
ISBN 10 : 1421424037 ISBN 13 : 9781421424033
Editeur : Johns Hopkins University Press, 2017

Synopsis

The chronic underinvestment in higher education has serious ramifications for both individuals and society.

Winner, Best Book in Education, 2009 PROSE Awards, Professional and Scholarly Publishing Division, Association of American Publishers

Winner, Best Book in Education, PROSE Awards, Professional and Scholarly Publishing Division, Association of American Publishers

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. In Higher Learning, Greater Good, leading education economist Walter W. McMahon carefully describes these benefits and suggests that higher education accrues significant social and private benefits.

McMahon's research uncovers a major skill deficit and college premium in the United States and other OECD countries due to technical change and globalization, which, according to a new preface to the 2017 edition, continues unabated. A college degree brings better job opportunities, higher earnings, and even improved health and longevity. 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.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

Walter W. McMahon is emeritus professor of economics and emeritus professor of education at the University of Illinois at Urbana-Champaign. He is the author of Education and Development: Measuring the Social Benefits.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Johns Hopkins University Press
Date d'édition
2017
Langue
anglais
ISBN 10 
1421424037
ISBN 13 
9781421424033
Reliure
Broché
Nombre de pages
432
Coordonnées du fabricant
non disponible
Personne responsable
gpsr@libri.de
gpsr@libri.de

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