OLPC: A Steep Cost? Or a Profitable Edu-Investment?

Posted by Scott_Ruecker on Dec 15, 2009 5:17 AM EDT
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When you say that something is expensive, you have to say also, compared with what? This comparison cannot only be on price. You have to compare value received. What is the value of an education, then? In crass financial terms, you can set a price on education based on the Net Present Value of expected earnings over a lifetime. You can design a government education budget around the NPV of the person's tax contributions over a lifetime, with due consideration for other expected public services.

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