martes, 21 de octubre de 2014

Old people and education cost





“For most students university remains a great deal; by one count the boost to lifetime income from obtaining a college degree, in net-present-value terms, is as much as $590,000.”
“Our experience of life is determined by the framework around our society. The basic premise is that the goal of each individual should be to become a minute part in the global machine of consumerism led by Western multinational corporations and banks.”
“The cost of higher education has surged more than 500 percent since 1985, illustrating why there have been renewed calls for change from both political parties. “
“Many commercial enterprises would consider themselves to have social objectives, but commitment to these objectives is motivated by the perception that such commitment will ultimately make the enterprise more financially valuable. Social enterprises differ in that, inversely, they do not aim to offer any benefit to their investors, except where they believe that doing so will ultimately further their capacity to realize their social and environmental goals.”
“Our analysis shows how to estimate cost differences across districts controlling for district efficiency, but a complete analysis of the role of cost indices in state aid formulas is beyond the scope of this chapter, largely because district efficiency may be influenced by state aid.”

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