Does it pay to go back to school?
As rapid technological change drives the growth of a knowledge-based economy and creates the need for new job-related skills, an aging population means that fewer new workers are available to meet these needs. As a result, adults are re-entering the educational system in increasing numbers, even though they are likely to face more challenges than regular students, in terms of balancing work, education, and family responsibilities. Going back to school is an investment that is expected to yield returns, but who actually benefits from adult schooling and by how much?