Saturday, October 29, 2005
According to a new research report from the business school at Arizona State University, a college degree has a higher return than the stock market.
The researchers calculate that the rate of return on money spent on to earn a bachelor's degree is 12% per year, compared to the long run on average annual return on stocks of 7%. Read more. Download the report.
Technical education provides even higher rates of return. In an earlier post (below) I pointed out the remqarkably high return on investment from technical education in manufacturing. Learn more here.
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
If you are using a news reader, here is the link to syndicate this site:
Here's the link if you are a bloglines subscriber:
Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.
The economic return of a college education
