{"id":8905,"date":"2024-09-17T06:11:22","date_gmt":"2024-09-17T06:11:22","guid":{"rendered":"https:\/\/manager.faa.ro\/?p=8905"},"modified":"2024-09-17T06:21:51","modified_gmt":"2024-09-17T06:21:51","slug":"the-relationship-between-individual-and-public-spending-on-education-and-the-quantitative-and-qualitative-outcomes-of-education-processes-and-systems","status":"publish","type":"post","link":"https:\/\/manager.faa.ro\/?p=8905","title":{"rendered":"The relationship between individual and public spending on education and the quantitative and qualitative outcomes of education processes and systems"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8905\" class=\"elementor elementor-8905\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-42aa71c8 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"42aa71c8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-df7548c\" data-id=\"df7548c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1e891743 elementor-widget elementor-widget-text-editor\" data-id=\"1e891743\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>&nbsp;<span style=\"color: var(--c-contrast-800); font-size: 16.604px;\">Pages: 26-40<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-64563b9a elementor-widget elementor-widget-text-editor\" data-id=\"64563b9a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Introduction<\/strong>. The rate of return to schooling (returns to investment in education) equates the value of an individual&#8217;s lifetime earnings to the present value of educational costs. For an investment to be economically justified, the rate of return should be positive and should be higher than the alternative rate of return. For the individual, weighing the costs and benefits means that they should invest if the rate of return exceeds the private discount rate (the cost of borrowing and an allowance for risk).<\/p><p><strong>Aim of the study<\/strong>.<\/p><p>The costs incurred by an individual are the earnings deferred while studying, plus any tuition fees or incidental expenses incurred. Private benefits amount to how much an educated person earns (after taxes) compared to a less educated person. More or less, in this case refers to adjacent education levels &#8211; for example, university graduates compared to high school graduates.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-370c3557 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"370c3557\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/manager.faa.ro\/wp-content\/uploads\/2024\/09\/38m_26_40.pdf\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Full text sources<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Pages: 26-40 Introduction. The rate of return to schooling (returns to investment in education) equates the value of an individual&#8217;s lifetime earnings to the present value of educational costs. For an investment to be economically justified, the rate of return should be positive and should be higher than the alternative rate of return. For the<\/p>\n","protected":false},"author":339,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1652,1654],"tags":[1695,1697,1696],"coauthors":[1693],"class_list":{"0":"post-8905","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-1652","7":"category-2023-vol-38-issue-2-december","8":"tag-education-system","9":"tag-outcomes-of-education-processes","10":"tag-spending-on-education","11":"jel-h52","12":"jel-i22","13":"jel-i26"},"_links":{"self":[{"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/posts\/8905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/users\/339"}],"replies":[{"embeddable":true,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8905"}],"version-history":[{"count":8,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/posts\/8905\/revisions"}],"predecessor-version":[{"id":8916,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/posts\/8905\/revisions\/8916"}],"wp:attachment":[{"href":"https:\/\/manager.faa.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8905"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcoauthors&post=8905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}