The concept of the rate of return on investment in education is very similar to that for any other investment.

It is a summary of the costs and benefits of the investment incurred at different points in time, and it is expressed in an annual (percentage) yield, similar to that quoted for savings accounts or government bonds. Returns on investment in education based on human capital theory have been estimated since the late 1950s. Human capital theory puts forward the concept that investments in education increase future productivity. There have been thousands of estimates, from a wide variety of countries; some based on studies done over time and some based on new econometric techniques. All reaffirm the importance of human capital theory. The rise in earnings inequality, and the subsequent increase in the returns on schooling experienced during the 1980s and 1990s in many countries, led to renewed interest in estimates of returns on educational investment. The literature suggests that systematic changes in the production process brought about by changes in technology and the growth of the knowledgebased economy whereby product cycles become shorter and flexibility is needed, led to changes in the demand for skilled labor. Sven Groennings No rich nation is ignorant;no well educated nation is poverty

Investment costs are the costs of the turbine itself, including transport from the factory to the place where the turbine is erected.
The total amount of money necessary to put a project into operation is known as "Capital investment costs". This investment can be made through in-house capital, credit from national and international financing agencies, and from suppliers. The total capital required to complete and operate the project is composed of two parts: 1.FIXED CAPITAL (IF) which is the amount of money necessary to completely construct a processing plant with auxiliary services, and to bring it to the point of start-up production. It is basically the total value of all the assets of the plant. Fixed assets can be tangible or intangible. Tangible assets comprise machinery (including the cost of assembly), buildings, auxiliary installations, etc., and the intangible assets include patents, technical knowledge, administration expenses, operation, start-up costs, etc. 2.WORKING CAPITAL (Iw) which includes the capital resources necessary for the plant to operate at the levels forecasted in the technical and economic studies, once it has been installed and normal operations begin. The amount of this capital varies within very wide limits, depending on the market for which the products are intended, the characteristics of the process and the conditions established by the source and availability of raw materials.

 Education Inflation When a job, which ten years ago only required a high school education, now requires a bachelor's degree or higher. Other jobs, once requiring only a bachelor's degree, now require a master's degree. You would think with my job experience that I could get a job as a sales representative at that crappy store. However, due to education inflation, I must now have a bachelor's degree.