This benefit-cost analysis of occupational-vocational training offered at five selected junior colleges in Illinois compares the economic benefits of occupational-vocational training (primarily income) to the economic costs of such training. Both the view of the private individual and the view of society are taken. The results indicate that…

According to U.S. Census statistics, for every step up in educational attainment, there is an increase in average income. The mean income for those with an associate's degree, $21,116 per year, is five percent more than a person with some college, and 40% more ($6,050), than a person with only a high school diploma or equivalent. The basic cost of…