On the Net Present Value Rule for Educational Investments

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<em>Journal of Political Economy</em>, Vol: 80, Issue: 2, Page: 418-420

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Cohn, Elchanan
Investment Advice; Financial Investment Activities; Business; Finance and Financial Management
article description
Focuses on the net present value rule for educational investments. Profitability of investment in education; Omission of direct educational costs from the benefit-cost calculations; Standards on the applicability of the net present value rule.