How Much is it Worth, Really?
AN EMPLOYABLE UNIVERSITY DEGREE COST
PAYS ITSELF IN LESS THAN A YEAR
EDUCATION POLICY INSTITUTE, Canada:
TORONTO, Ontario, July 7, 2005:
A report released today by the Educational Policy
Institute (EPI) finds that children from lower-income families may not be
attending university because of serious misperceptions about the cost and
value of post-secondary education.
“Survey data shows that people from low-income backgrounds, on average,
think that the costs of university outweigh the benefits,” said the report’s
author and EPI Vice-President Alex Usher.
“Based on this, it is no surprise that we see such low
participation rates among poorer youth – they are simply making rational
decisions on the basis of bad information.”
The report, entitled A Little Knowledge is a
Dangerous Thing: How Perceptions of Costs and Benefits Affect Access to
Education is the most recent publication in a series focusing on
Canadian higher education.
Based on Canadian public opinion data, the study finds
that substantial differences in perception exist between low-income and
high-income individuals with respect to the costs and benefits of
Using data from a survey commissioned by the Canada Millennium Scholarship
Foundation in 2003, this report finds that a year’s average university
tuition cost ($3,749) is overestimated by Canadians in general ($4,989) and
in particular by those from low-income backgrounds ($6,834).
Similarly, the average disparity in annual income between
high school and university graduates ($27,191) is underestimated by
Canadians ($5,337) and especially those from low-income families ($4,885).
EXAMPLE; It is thought by non-graduates that university
graduates earn only about $5000 a year more than high school graduates.
In reality based on 2001 census, university graduates
earn an average of $61,000 Vs $34,000 a year income for high school
graduates - a difference of $27,000 year or about
$1 million in a 35-year working life.
Effectively, the average Canadian
underestimates the benefit of university education by a factor of five.
Many parents may not fully grasp
the economic benefits of higher education but they nevertheless completely
understand the social status benefits of a university education
(e.g. working at a desk instead of factory).
“Poor information is not actually financial in
nature – since no money changes hands – but is clearly an
income-based, non-financial barrier that deserves serious attention,” said
the author. “The policy implications of such mis-estimation of costs and
benefits of education are relevant to all stakeholders concerned with
equitable access to education.”
The full report is available in pdf format at:
PVAF EDUCATION PROGRAM
TO REMOVE POVERTY
GETS CONFIRMATION FROM SCHOLARS
PVAF started a world-wide education program to remove
poverty through education in 1999 in the belief and confidence of success
gained from the knowledge of vED
which is SCIENCES OF CREATION AND LIFE....
"THAT KNOWLEDGE THROUGH EDUCATION
IS THE ONLY THING IN THIS UNIVERSE
THAT WILL REMOVE
DuKH (PAIN AND SUFFERING)
FROM LIFE DUE TO ALL LIFE BARRIERS INCLUDING POVERTY OF WEALTH."
The above vEDik
has been proved to be the TRUTH
even in the present time we exist where knowledge of basic sciences is only
about 500 years old....but this knowledge of basic sciences has evolved
mankind to live progressively better every day in these following major life
Education of healty lifestyle with
sciences which provides for better housing, schools, hospitals,
transportation systems, information technology, appliances and gadgets
used in every day life;
Education of better methods of food
production with controlled water sources and pesticides which averts
famines due to natural causes;
Education for better health with
hygienic community systems such as piped treated water supply and
sanitary sewerage disposal - many diseases causing epidemics such as
cholera have been wiped out with this knowledge based system;
Education of nature works from our
own human body to all parts of nature on which existence of human day to
day survival depends on such as control and treatment of major diseases
that causes epidemics, understanding of forces of nature which affects
humanity adversely such as extreme heat and cold, weather, space-based
phenomenon including effects of planets, stars, comets and the various
energy forms that exist in space;
Education to the education scope is
infinite.. presently humanity is still in infancy stage in search for
knowledge but even in 500 years of science growth the average life span of
humanity who live with the knowledge of sciences has improved from about
40 years to 75 years.
PVAF in its baby steps of establishing the
long term Education Program To Remove Povery
Through Education started with the community of origin of some of
its founders and is now expanding from there. PVAF Gujraat Prajaapati
Education Program will 7 produce university graduates by 2006 and will have
another batch of about 10 students who will graduate by 2009. All these
students are from families who have been suffering poverty for many
generations not becomes the families are lazy. But just because the families
have not been able to finance the education of their children because of
lack of middle-class earning employment which is called poverty. And this
poverty is only due to lack of education in theses families - education
which could give them knowledge to have higher earning and higher lifestyle.
Please join the PVAF EDUCATION PROGRAM
by informing yourself through the reading of the two articles on this PVAF
Just click on the yellow and blue hilite and you will reach the page on this
PVAF web site