Monetary Returns to Bachelors and Masters Degrees in Agricultural Economics
基于佐治亚大学农业经济学专业校友数据，分析影响学士和硕士毕业生薪资的因素，计算硕士学位的货币回报和资本回收期，并讨论研究生教育决策中的成本与收益。
Abstract Characteristics of agricultural economics alumni from the University of Georgia were discussed and a general linear model was developed to explain differences in bachelors and masters alumni salaries. Graduate education, work experience, resource mobility, gender, family background, and high school size were found to influence alumni salaries. Returns to a masters degree were computed along with capital recovery periods. Assistantship levels, cost of borrowed and human capital, and nonmonetary benefits were relevant in decisions to attend graduate school. Some costs and benefits of graduate education were found to be subjective, to vary across individuals, and to be influenced by prevailing economic conditions.