The Individual and Societal Benefits of Education
Chapter from the book:
Baltacı,
Ö.
(ed.)
2023.
Educational Sciences Research- III.
Synopsis
Although developments in economics, science, and technology have influenced the field of education, the belief in the individual and societal benefits of education has remained unchanged. The determination of the benefits of education revolves around debates on whether education serves as an economic function and whether it is a consumption and/or investment good. Considering that the primary aim of education is to nurture individuals, the qualities of the individuals to be cultivated will turn them into producers and consumers under the influence of the economy. To determine the individual and societal benefits of education, the private and social returns of education are calculated. In this section, the costs, benefits, returns, and cost-benefit ratios of public/private education in Turkey are discussed.
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Copyright (c) 2023 Özkan Yılmaz- Rıdvan Ata- Muhammet Mustafa Alpaslan- Sevgi Ernas- İsa Bahat- Murat Korucuk- Halit Karalar- Sefa Alper Kanatlı- Semra Türkan- Ceren Ünal- Gamze Kadılar- Kürşad Özkan- Halil Süel- Sibel Ergün Elverici- Esra Eminoğlu Özmercan- Levent Berber- Yurdagül Günal- Sevgi Karabıyık- Cabir Serhat Aydın; Önder Baltacı