Private returns to vocational education and training qualifications


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Author: Long, Michael; Shah, Chandra


This report considers the private rates of return for students studying vocational education and training (VET) courses in Australia. The study summarises the costs and benefits of studying for a VET qualification for various student characteristics, qualification levels and modes of study. It finds that although the rates of return vary for these different characteristics and scenarios, generally students do have an adequate economic incentive to enrol in VET. The best returns were for students who study higher-level qualifications (certificate III upwards), and do so part-time.

Subjects: Students; Finance; Qualifications; Teaching and learning; Economics

Keywords: Cost benefit analysis; Economic factor

Geographic subjects: Oceania; Australia

Published: Adelaide, South Australia: NCVER, 2008

Physical description: 44 p.

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ISBN: 9781921412363 (print); 9781921412370 (online)

Statement of responsibility: Michael Long, Chandra Shah

Resource type: Report, paper or authored book

Document number: TD/TNC 92.40

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