The Academic Takes It All? A Comparison of Returns to Investment in Education between Graduates and Apprentices in Canada

Autor/inn/en	Kopatz, Susanne; Pilz, Matthias
Titel	The Academic Takes It All? A Comparison of Returns to Investment in Education between Graduates and Apprentices in Canada
Quelle	In: International Journal for Research in Vocational Education and Training, 2 (2015) 4, S.308-325 (18 Seiten)Infoseite zur Zeitschrift PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	2197-8646
Schlagwörter	Foreign Countries; Outcomes of Education; Comparative Analysis; College Graduates; Apprenticeships; Education Work Relationship; Vocational Education; Librarians; Skilled Workers; Electrical Occupations; Income; Correlation; Reputation; Educational Benefits; Social Status; Computation; Costs; Evaluation Methods; Canada + Suchen Sie Ihr Suchwort? Ausland; Lernleistung; Schulerfolg; Hochschulabsolvent; Hochschulabsolventin; Apprenticeship; Lehre; Ausbildung; Berufsbildung; Librarian; Bibliothekar; Bibliothekarin; Facharbeiter; Electrical occupation; Elektroberuf; Einkommen; Korrelation; Bildungsertrag; Sozialer Status; Cost; Kosten; Kanada
Abstract	This paper analyses the returns to education of specific occupations in Canada. The purpose is to scrutinize whether and in how far academic and vocational education do differ in monetary benefits regarding individual returns. Therefore, two different methodologies of calculation are used to compute the concrete returns to education. As a result it is shown empirically that within the here selected occupational groups (e.g. librarians and electricians) there is no decisive earnings benefit regarding academic careers, although a positive correlation of income level and educational achievement can be verified. Our findings justify revisiting the underlying assumption that vocational education and training cannot generate benefits comparable with those generated by higher education. The earnings data suggest that monetary aspects may be less crucial than generally assumed to the reputation and perceived value of vocational education and training. Therefore, social status and prestige seem to be the most significant contributory factors to vocational training's low status in Canada. (As Provided).
Anmerkungen	European Educational Research Association / European Research Network Vocational Education and Training.Am Fallturm 1, Bremen, 28359, Germany. Tel: +49-421-218-66336; Fax: +49-421-218-98-66336; e-mail: ijrvet@uni-bremen.de; Web site: http://www.ijrvet.net
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01