SHS Web of Conferences
Volume 28, 2016RPTSS 2015 – International Conference on Research Paradigms Transformation in Social Sciences 2015
|Number of page(s)
|15 June 2016
The incentives of households to implement the educational investment
Tomsk Polytechnic University, 634050 Lenin Avenue, 30, Tomsk, Russia
a Corresponding author: email@example.com
Households (as any other rational investors) will make investments in the higher education sphere only in case of being sure that in future invested money will generate a significant money flow at a low risk level. It is important that capital investment should bring return at the rate commensurable with profitability of other assets and time of their expenditure cover should not exceed the horizon, acceptable for the investor. In this article, indices of net present value (NVP) and a period of payback (PB) in the empirical case format are discussed in detail. A conclusion is made by empirical analysis about economic effectiveness of household investments in the higher education sphere and as a result, in personal human capital. The empiric case, presented in this article, revealed considerable private economic benefits from higher education.
© Owned by the authors, published by EDP Sciences, 2016
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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