The Economics of Education

The aim of this work is to answer, from an economics viewpoint, such questions as why some people go to college while others do not, and why the percentages of different types of students going to college have changed so dramatically throughout the world. The contents of the study should be accessible even to those without a major in economics. The author makes many contributions to the field of economics in education, in particular by giving serious consideration to cases of capital market imperfection.