Does "Examination Hell" Pay Off? A Cost-Benefit Analysis of "Ronin" and College Education in Japan

Autor/in	Ono, Hiroshi
Titel	Does "Examination Hell" Pay Off? A Cost-Benefit Analysis of "Ronin" and College Education in Japan
Quelle	In: Economics of Education Review, 26 (2007) 3, S.271-284 (14 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0272-7757
DOI	10.1016/j.econedurev.2006.01.002
Schlagwörter	Outcomes of Education; Foreign Countries; College Entrance Examinations; Test Coaching; High Schools; Scores; Educational Quality; Income; College Graduates; Males; College Preparation; Admission Criteria; Selective Admission; Japan + Suchen Sie Ihr Suchwort? Lernleistung; Schulerfolg; Ausland; Aufnahmeprüfung; Testverfahren; High school; Oberschule; Quality of education; Bildungsqualität; Einkommen; Hochschulabsolvent; Hochschulabsolventin; Male; Männliches Geschlecht; Admission; Admission procedures; Zulassungsbedingung; Zulassungsverfahren; Zulassung; Bildungsselektion
Abstract	College-bound students in Japan undergo a process of intense preparation known as "examination hell." An extreme manifestation of "examination hell" is the "ronin" phenomenon. Typically 30% of students choose the "ronin" option under which they spend years in addition to high school preparing for the next year's college entrance examinations. Using the mean scores of the entrance examinations as a measure of college quality, I find that college quality significantly improves the internal rate of return (IRR) to college education among the sample of male graduates in Japan. "Ronin" increases earnings indirectly by improving the quality of the college attended. I also show that the "IRR" with respect to "ronin" is one of diminishing returns. On average, the number of "ronin" years which maximizes the "IRR" is found to be somewhere between 1 and 2 years. (Author).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10