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There are a few things in the world, I am convinced, that you cannot put a dollars‐and‐cents value on. Among such things is the value of higher education. We can determine how much higher education may cost us. We can also determine the approximate payback for higher education. But we will be hard pressed to put a monetary value on higher education. And here is the fallacy for those who argue that higher education has become too expensive and it is not worth it. In this paper, I will discuss the cost of higher education (to the student and to the nation or the state), the value of higher education, and the approximate payback of higher education for the individual and the state.
© MCB UP Limited
1999
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