Is education profitable as an investment project?. This model studies different education levels as an investment project in Colombia compared with an adjustable opportunity cost. Colombian average salaries from the National Labor Education Observatory can be used as an input .
Focus Questions:
- What is the minimum income required to obtain the expected return or opportunity cost of the resources invested in training?
- What is the combination of years of study and years of earnings with the highest annual return? Which combinations of years of study and earnings are at least greater than the opportunity cost of the resources invested in training?
Please input your data below to make your own calculations and analysis. Finally, do you think your investment in education is worth it?
Sources
- Internacional:
- EDSmart, 2020, The 7 Benefits of Going to College obtenido de https://www.edsmart.org/7-benefits-of-college-degree/
- Business Insider, 2020, Which education level has the highest return on investment? We ran the numbers, obtenido de https://cutt.ly/education-level-vs-roi
- Spending, Saving, Insurance, Retirement: Consumer Finance Trends for 2025 | Brandwatch
- Colombia
- Departamento Nacional de Estadística (DANE). (25 de Marzo de 2020). Obtenido de Encuesta nacional de presupuestos de los hogares (ENPH): https://cutt.ly/rdow35e
- Observatorio Laboral para la Educación (OLE). (25 de Marzo de 2020). Obtenido de Situación laboral de los graduados: https://cutt.ly/4doerpj
- Departamento Nacional de Estadística (DANE). (25 de Marzo de 2020). Saber para decidir – Sistema nacional de información de demanda laboral https://cutt.ly/GdoepJw