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The Returns to University Schooling in Canada

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  • Francois Vaillancourt
  • Irene Henriques

Abstract

This Paper Presents Evidence on the Monetary Returns, Gross an Net of Taxes, of University Schooling in Canada and on the Private and Social Costs of That Type of Schooling. These Returns Are Obtained by Computing the Future Earnings of Males From Quebec and Ontario Aged 18 in 1981 and Faced with the Choice of Either Attending University of Working. Our Results Show That University Schooling Has a Private Rate of Return of 9 to 16 % and a Public Rate of Return of 7 to 10 %.
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Suggested Citation

  • Francois Vaillancourt & Irene Henriques, 1986. "The Returns to University Schooling in Canada," Canadian Public Policy, University of Toronto Press, vol. 12(3), pages 449-458, September.
    • Handle: RePEc:cpp:issued:v:12:y:1986:i:3:p:449-458
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    References listed on IDEAS

    as
    1. Arrow, Kenneth J., 1973. "Higher education as a filter," Journal of Public Economics, Elsevier, vol. 2(3), pages 193-216, July.
    2. David F. Burgess, 1981. "The Social Discount Rate for Canada: Theory and Evidence," Canadian Public Policy, University of Toronto Press, vol. 7(3), pages 383-394, Summer.
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    Cited by:

    1. Ci, Wen & Galdo, José & Voia, Marcel & Worswick, Christopher, 2013. "Does adult training benefit Canadian workers?," CLSSRN working papers clsrn_admin-2013-42, Vancouver School of Economics, revised 26 Sep 2013.
    2. Richard B. Freeman & Karen Needels, 1993. "Skill Differentials in Canada in an Era of Rising Labor Market Inequality," NBER Chapters, in: Small Differences That Matter: Labor Markets and Income Maintenance in Canada and the United States, pages 45-68, National Bureau of Economic Research, Inc.
    3. Francois Vaillancourt & Josee Carpentier & Irene Henriques, 1987. "The Returns to University Schooling in Canada: A Rejoinder," Canadian Public Policy, University of Toronto Press, vol. 13(3), pages 389-390, September.
    4. W. Craig Riddell, 2001. "Education and Skills: An Assessment of Recent Canadian Experience," The State of Economics in Canada: Festschrift in Honour of David Slater, in: Patrick Grady & Andrew Sharpe (ed.),The State of Economics in Canada: Festschrift in Honour of David Slater, pages 485-517, Centre for the Study of Living Standards.
    5. Lemelin, Clément & Prud’homme, Philippe, 1994. "Le taux de rendement de l’éducation et la conjoncture économique : Québec, 1981-87," L'Actualité Economique, Société Canadienne de Science Economique, vol. 70(1), pages 27-41, mars.
    6. David Leadbeater & Peter Suschnigg, 1997. "Training as the Principal Focus of Adjustment Policy: A Critical View from Northern Ontario," Canadian Public Policy, University of Toronto Press, vol. 23(1), pages 1-22, March.
    7. Christos Constantatos & Edwin G. West, 1991. "Measuring Returns from Education: Some Neglected Factors," Canadian Public Policy, University of Toronto Press, vol. 17(2), pages 127-138, June.

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