Private Returns on Investment in Education: An Analysis of Returns to Mexican Americans Graduating from Texas A and I University, Kingsville, Texas

摘要

Present value methods produced rate of return estimates of 8 percent for Mexican Americans and 11 percent for non-Americans who attended and graduated from Texas A&I University. Estimated returns based on the ratio of income gains to costs for Mexican Americans ranged from -4 percent for education to 24 percent for engineering. Second only to engineering, was the return to business school graduates of 18 percent. Education a traditional career path for many Mexican Americans offered no monetary rewards, even for those obtaining a Master's degree in Education. A 3 percent return indicated for a Master's degree in Education was generated by those receiving a Master's degree with a major or minor in School Administration. No appreciable difference in salary was received by those individuals holding a Master's degree in Education over those with a Bachelor's degree, unless a major or minor in School Administration was indicated.