Counting the costs of lost opportunity in Australian education

Roughly one-quarter of Australia's 19 year olds do not complete Year 12 or equivalent qualifications and a similar proportion of 24 year olds are not actively engaged in work or education, according to a major recent study [indexed in VOCEDplus at TD/TNC 122.1075]. In this report, the authors calculate the fiscal and social costs associated with both early school leaving and not being actively engaged in work and study in the post-school years. For individuals, missing out on the benefits of education generates costs not only because it affects occupational prospects, wages and job satisfactio ... Show more

Authors: Lamb, Stephen; Huo, Shuyan

Published: Melbourne, Victoria, Mitchell Institute, Victoria University, 2017

Resource type: Report, paper or authored book

Physical description: 58 p.

Access item: http://www.mitchellinstitute.org.au/reports/costs-of-lost-opportunity/

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