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Returns to Investment in Higher Education: Is There a Difference between Distance Learning and Traditional Universities in the Fields of Physics, Mathematics, Social Studies, Computer Science and Economics?

机译:高等教育投资的回报:远程学习与传统大学在物理,数学,社会学,计算机科学和经济学领域是否有区别?

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In this paper ,? we exten d ?the literature on the rate of returns to Investment in Higher Education towards studies in distance learning Universities. In particular, we explore the difference in returns between, on one hand, graduates of a distance learning university (the? Hellenic ? Open ? University , ? HOU ) and on the other hand, graduates from two traditional universities, in Greece. The data used in the analysis is collected with field research from graduates of Physics, Mathematics, Social Studies, Computer Science and Economics. Our findings show ?that the rate of return to investment in education for HOU graduates is about four times higher than that of the graduates of the two traditional Universities, for the first degree graduates and about double the rate for the Master’s degree graduates. From policy perspective, our results suggest that a distance learning University may not only be considered as a second chance to education for mature students, often facing time and budget restrictions, but, it may also be seen as a worthwhile investment enabling much higher private returns compared to the alternative route, i.e. following studies in traditional universities. Therefore, distance learning universities may be used by policy authorities as a vehicle to reduce income inequalities and increase social mobility.
机译:在本文中,?我们扩展了有关远程教育大学研究的高等教育投资回报率的文献。尤其是,我们一方面探索远程学习大学(即希腊大学,希腊大学,大学和大学)的毕业生之间的收益差异。另一方面,是希腊两所传统大学的毕业生。分析中使用的数据是从物理,数学,社会研究,计算机科学和经济学的毕业生的现场研究中收集的。我们的研究结果表明,HOU毕业生的教育投资回报率是两所传统大学毕业生的4倍左右,其中一级学位毕业生的回报率是后者的两倍。从政策的角度来看,我们的结果表明,远程学习大学不仅可以被视为成年学生接受教育的第二次机会,通常面临时间和预算的限制,而且,它也可以被视为一项有价值的投资,可以带来更高的私人回报与替代路线相比,即在传统大学中学习。因此,政策主管部门可以将远程学习型大学用作减少收入不平等和增加社会流动性的工具。

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