Economic Returns To Graduate Education In Forestry
Abstract:A master's degree or Ph.D. is an investment adding to human capital. In forestry, rates of return on this human capital range from -2.5 to +6.9 percent on a master's degree, and from +3.5 to +6.6 percent on a Ph.D. These are real rates above monetary inflation but before income taxes. Rates of return fall as the time required to complete a graduate degree is extended, and as age of graduate student increases. Several qualifications accompany the economic analysis.
Document Type: Journal Article
Affiliations: Research Forester, Southeastern Forest Experiment Station, USDA Forest Service and adjunct Assistant Professor, Department of Forestry, North Carolina State University
Publication date: June 1, 1982
More about this publication?
- The Journal of Forestry is the most widely circulated scholarly forestry journal in the world. In print since 1902, the Journal has received several national awards for excellence. The mission of the Journal of Forestry is to advance the profession of forestry by keeping forest management professionals informed about significant developments and ideas in the many facets of forestry: economics, education and communication, entomology and pathology, fire, forest ecology, geospatial technologies, history, international forestry, measurements, policy, recreation, silviculture, social sciences, soils and hydrology, urban and community forestry, utilization and engineering, and wildlife management. The Journal is published bimonthly: January, March, May, July, September, and November.
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