The Private and Total Returns to Education in Canada, 1985

The purpose of this paper is to present private and public rates of return to schooling in Canada by level and, for bachelor's degrees, by field of study. The paper is divided into three parts. In the first part, the analytical framework used is discussed and results of previous studies are reviewed. In the second part, the data and methodology are described. In the third part, results are presented and analyzed. The results show the importance of completing a minimum level of schooling (high school), a decrease in rates of return to schooling with an increase in the level of schooling, differences between men and women, and differences among fields of study.