Determinants of private demand for education, Microeconomics

Determinants of Private Demand for Education

Rates of return on investment in education is only one of the factors determining the demand for private investment though it is the most significant one. Some of the other factors may be identified as:

Gender
Region
Expected benefits in terms of employment prospects
Unemployment rates
Waiting time for employment
Ability to pay

We may now briefly know how each of these factors influences the private demand for education.

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