USA. Source: Education at a glance: OECD indicators 2004 (OECD, 2004), table A11.5, p.181. Data was only available for the nine countries shown in figure 5.4, which reveals the UK with a relatively high rate of return, especially for women, behind that of only Finland (for both men and women) and Hungary (for men only). This may be due to the relatively short length of HE courses in the UK (generally 3 years, instead of 4β5 years in Finland and Hungary) and also to earning differentials and the length of education in general in these countries. Education at a glance: OECD indicators 2004 (OECD, 2004) describes the methodology used to calculate these rates of return, and the potential reasons for the differences across different countries in more detail.
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USA. Source: Education at a glance: OECD indicators 2004 (OECD, 2004), table A11.5, p.181. Data was only available for the nine countries shown in figure 5.4, which reveals the UK with a relatively high rate of return, especially for women, behind that of only Finland (for both men and women) and Hungary (for men only). This may be due to the relatively short length of HE courses in the UK (generally 3 years, instead of 4β5 4-5 years in Finland and Hungary) and also to earning differentials and the length of education in general in these countries. Education at a glance: OECD indicators 2004 (OECD, 2004) describes the methodology used to calculate these rates of return, and the potential reasons for the differences across different countries in more detail.
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Sources: Sector Skills Agreement