Calculates human capital earnings functions over 20 years for 822 men (the Terman sample) and argues that the percentage of gross earnings invested in education may fall below 100 percent well before school ends. (Available from the Secretary's Office, American Economic Association, 1313 21st Ave., South, Nashville, Tennessee 37212) (Author/JG)

Single copies may be purchased from Secretary, C. Elton Hinshaw, 1313 21st Avenue South, Nashville, Tennessee 37212. (JG)

Addresses the distribution and composition of educational investment among social classes, discussing topics related to equality of educational opportunity, and detailing a plan for financing equal educational opportunity. (JM)

Offers guidelines to help college treasury managers rebuild their treasury system by redefining goals, moving away from traditional principles, and embracing new treasury principles. Suggests a four-step process (moving away from paper, reducing focus on float management, maximizing resources, choosing effective providers) incorporating the new…

This document is a study of teacher retirement systems of the United States. It also deals with the problems of improved management, particularly of how funds might be invested to increase benefits or reduce the required contributions. It sets up a hypothetically ideal pattern for the investment portfolio of typical State pension fund on the basis…

Requirements of a study of a school's economic impact on the community are reviewed and adjustments to the American Council on Education, or Caffrey-Issacs, model of economic impact studies suggested, based on the experiences of the University of Pittsburgh. Revisions to sections of the model dealing with tax loss to local governments, impacts on…

In the first part of this paper, estimates of present values or rates of return to education for women on lifetime earnings have been calculated. Subsequently, returns to education for women which derive from their husband's income and their family income are examined. Finally, some implications of the results are discussed. In the first section,…

This paper, on the returns on investment (ROI) in training, introduces some practical examples for enterprises or organizations wanting to find out whether the money they have spent or intend to spend on training is necessary. It provides strategies for researchers who would like to undertake research in this area. The paper begins by examining…

Financial analysis techniques are tools that help managers make sound financial decisions that contribute to general corporate objectives. A literature review reveals that the most commonly used financial analysis techniques are payback time, average rate of return, present value or present worth, and internal rate of return. Despite the success…

This analysis critically examines the cost controversy in higher education with an eye to resolving the crisis which is currently serving to exacerbate public willingness to fund higher education. An introduction touches on the role and influence of political ideologies and offers a framework to be used throughout the analysis for critically…

A study was conducted to obtain pilot evidence that could serve as a basis for developing convincing methods for individual Australian companies to use in determining their returns from investment in training. The study attempted to replicate survey results from significant overseas surveys by using information collected on more than 90 Australian…

Recent Australian and overseas studies on evaluation of enterprises' return on training investment (ROTI) were reviewed to identify key issues in encouraging increased evaluation of training benefits by enterprises and successful approaches that may inform future "enterprise-friendly" studies of ROTI. It was concluded that more…

A dynamic model of decisions to work, invest in human capital, and commit crime was developed and examined. By making all three activities endogenous, the model explains why older, more intelligent, and more educated workers tend to commit fewer property crimes of some types than others. The model includes the following predictions: (1) policies…