Author
Listed:
- François Vaillancourt
- Brahim Boudarbat
- Feriel Grine
Abstract
This study calculates, for Quebec, the private and social rates of return for three types of post-secondary education (vocational, college and university) for women and men, and in various fields of study, using data from the 2021 Canadian Census. The authors explain that the rate of return to pre-college vocational training (apprenticeship or other training) is higher than the rate of return to technical college training, which in turn is higher than the rate of return to pre-college university training. They also show that the highest private and social rates of return for university degrees (excluding medicine) are associated with undergraduate studies, and in particular the bachelor's degree. The rates of return for health-related doctorates, on the other hand, are significantly higher. What's more, private returns are often lower in the 2nd and 3rd cycles than in the first. Social rates of return are lower than private rates of return, essentially because tuition fees cover only part of the cost of an individual's post-secondary education. Finally, this study also shows that women's private rates of return are higher than men's at the DEC technical level. Cette étude calcule, pour le Québec, les taux de rendement privés et sociaux de trois types de scolarité postsecondaire (professionnelle, collégiale et universitaire) pour les femmes et les hommes, et dans divers domaines d’études, en utilisant les données du Recensement canadien de 2021. Les auteurs expliquent que la rentabilité d’une formation de type professionnel pré-collégial (apprenti ou autre formation) est plus élevée que le taux de rendement d’une formation collégiale technique, lequel est lui-même supérieur à celui d’une formation préuniversitaire de niveau collégial. Ils montrent également que les plus hauts taux de rendement privés et sociaux pour les diplômes universitaires (hors médecine) sont associés aux études de 1er cycle et en particulier au baccalauréat. Tandis que les taux de rendement des doctorats en santé sont, eux, nettement supérieurs aux autres. Il est, de plus, fréquent que le rendement privé soit moindre aux 2e et 3e cycles qu’au premier. Les taux de rendement sociaux sont, eux, moins élevés que les taux de rendement privés, essentiellement parce que les frais de scolarité ne couvrent qu’une partie des coûts de l’acquisition par un individu d’une éducation postsecondaire. Enfin, cette étude met également en lumiére que les taux de rendement privés des femmes sont plus élevés que ceux des hommes à partir du DEC technique.
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