The Robert Owen Centre for Educational Change would like to  invite you to a lunchtime  seminar (12.00- 1.15) on the  5th May. Kristinn Hermannsson and Jeanette Findlay, University of Glasgow will deliver a talk:

"Socioeconomic Background and Participation in Higher Education: The Role of Expectations,
Wage Premia and Financial Constraints"

Drawing on neoclassical human capital theory and standard investment appraisal methods we explore the question: When is higher education a good investment and how is this affected by socioeconomic background? A simple discounted cash flow model is used to simulate under what circumstances a rational forward looking student should invest in education.

On a purely pecuniary basis, socioeconomic background affects the feasibility of investing in education. This is driven by socioeconomic variation in wage premia, intra-household subsidies and discount rates. Reality is obviously more complicated. However, it is important to realise that even in such an abstract model socioeconomic background impacts the attractiveness of studying in higher education.

See attached flier for more details.  The Event will take place in room 337 STAB

All are welcome and I would be grateful if you would register your attendance to [email protected]

We look forward to seeing you there.

Dr Deirdre Kelly
Centre Manager,
Robert Owen Centre for Educational Change
University of Glasgow,

Web: www.robertowencentre.academicblogs.co.uk

Twitter: @robertowenctr