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Cost and Benefit of Higher Education in Bangladesh   Mohammad Rezwanul Karim and Tariq Saiful Islam

Cost and Benefit of Higher Education in Bangladesh

136 страниц. 2011 год.
LAP Lambert Academic Publishing
This book contains a study of cost and benefit of higher education in Bangladesh. By higher education is meant five years of study consisting of the four-year undergraduate Honours programme and the one-year Master’s programme at the public universities of Bangladesh. Higher education can have many benefits, but this study considers only financial benefits. In the analysis of cost and benefit of higher education, cost per student is estimated by adding private cost and recurring cost per student at the relevant university. The benefit per student, which is more difficult to estimate, is calculated by considering the sum of life time income minus what the student would have earned if he had no higher education, discounted by various rates of interest. The costs and benefits are then compared by applying three standard methods—the benefit-cost ratio (BCR), the net present value (NPV), and the internal rate of return (IRR). All three measures show that undertaking higher education is...
 
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