PERCEIVED RETURNS OF HIGHER EDUCATION: A CASE STUDY ON SOME COLLEGE STUDENTS OF JABALPUR

Authors

  • Dr. Sutapa Roy Assistant Professor, St. Aloysius’ College (Autonomous), Jabalpur, M.P.
  • Dr. Nita Mitra Associate Professor, Siliguri B.Ed. College, W.B.

Keywords:

Perceived Return of Education, Actual Potential Return of Education, Gig-economy, Critical Thinking, Collaboration, Entrepreneurship, Life-long Learning, Mentoring

Abstract

The paper reports the perceived returns of higher education for some first-semester college students of Jabalpur, M.P., India. It followed a previous study that was conducted for class XII students of Siliguri, W.B., India. The findings indicate a more or less similar pattern. In addition, the present paper identifies a gap, as was pointed out by Jensen (2010), between the perceived return of education for the students and the actual potential return. The students preferred subjects like management over science subjects at the graduation level with the hope of getting better job opportunities. It has been opined based on conceptual analysis that the contemporary market is heading towards Gig-economy that promotes project-based short-term employment which has the threat of uncertainty and at the same time has the advantage of flexibility. This job-market situation calls for nurturing critical thinking, life-skill development with an emphasis on professional collaboration, the approach of an entrepreneur and life-long learning. It has been suggested that among several options, the active learning strategy and the concept-point-recovery (CPR) approach (Cho, Melloch and Levesque-Bristol, 2021), change from a surface-learning approach to a deep-learning approach and vice-versa (Xie, Zhang and King,2022)  and maintaining appropriate learning environment may be effective (Ahmed, Taha, Alneel and Gaffar,2018).

References

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III. Jensen, R. (2010). The (Perceived) Returns to Education and the Demand for Schooling. The Quarterly Journal of Economics, May. https://cega.berkeley.edu/assets/cega_research_projects/58/The_Perceived_Returns_to_Edu ation_and_the_Demand_for_Schooling.pdf (Retrieved on 04 April 2023)

IV. Mitra, N. (2023). Perceived Returns for Higher Education: A Case Study with XII Students in Siliguri. Proceedings of the International Conference Emerging Trends in Indian Education & Culture held on 28April 2023 at Siliguri B.Ed. College (to be published).

V. Montenegro, C.E. and Patrinos, H.A. (2014). Comparable Estimates of Returns to Schooling Around the World, WPS7020, World Bank Group, Educational Global Practice Group. https://documents1.worldbank.org/curated/en/830831468147839247/pdf/WPS7020.pdf (Retrieved on 04 April 2023)

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A Case Study of Muslims of Aligarh Ph.D. Thesis , Aligarh Muslim University. INFLIBNET Centre. https://shodhganga.inflibnet.ac.in:8443/jspui/handle/10603/218617 (Retrieved on 04 April 2023)

VII. Xie, Q., Zhang, L. and King, R. B.(2022). Why do students change their learning approaches? A mixed-methods study. Educational Psychology https://doi.org/10.1080/01443410.2022.2049708 (Retrieved on 13 May 2023)

Additional Files

Published

20-11-2023

How to Cite

Dr. Sutapa Roy, & Dr. Nita Mitra. (2023). PERCEIVED RETURNS OF HIGHER EDUCATION: A CASE STUDY ON SOME COLLEGE STUDENTS OF JABALPUR. International Education and Research Journal (IERJ), 9(11). Retrieved from http://ierj.in/journal/index.php/ierj/article/view/3186