Education Costs as an Investment in Human Capital

DOI

10.2991/assehr.k.200723.047How to use a DOI?

Keywords

education, human capital, remuneration, investment Introduction

Abstract

At the stage of post-industrial development of social production, human capital becomes the basis for the income of the majority of the population in the form of wages, and determines the standard of living in a region or country, which, in turn, reflects the level of development of productive forces and the nature of production relations. The fall in real incomes of the population observed in recent years is an objectively observed risk of violating the conditions of a decent life and free development of a person, guaranteed by Art. 7 of the Constitution of the Russian Federation [1]. At the same time, as the results of the study show, to a certain extent, there is a direct proportional relationship between the level of education, the level of income of the population in the form of wages and the quality of life in a post-industrial society, which determines the relevance of the topic of this study. This dependence weakens at the mesoscale of the economy, but retains its importance at the mini- and micro level, although it is limited by subjective factors associated with the instability of the labor market.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - N.N. Mineeva
PY  - 2020
DA  - 2020/07/23
TI  - Education Costs as an Investment in Human Capital
BT  - Proceedings of the International Scientific Conference on Philosophy of Education, Law and Science in the Era of Globalization (PELSEG 2020)
PB  - Atlantis Press
SP  - 230
EP  - 233
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200723.047
DO  - 10.2991/assehr.k.200723.047
ID  - Mineeva2020
ER  -