The Impact of Income on Educational Investment

Investment in educational human capital in developing countries may be studied using Becker´s framework for the demand and supply of human capital. The demand represents the present discounted value of benefits (labour market earnings), and the supply represents the present discounted costs of education (school fees, travel costs, opportunity costs in terms of foregone earnings).There are several points attached to the issue of demand that are important.

Present educational status of CSW

All of the participants have facilities to access in formal education. Education is a key constituent of individual’s life that affects many aspects of a person including behavior change related aspects. Studies have shown that educational attainment has strong influence on knowledge, attitude and practice. In this study, according to survey findings, a much greater percentage of the 94.50% of 200 participants were recieving institutional education.Among them 79% studying in primary level, while 12.5% was in secondary level. Only 3 percent was studying higher secondary level. Most of them 72% were studying in govt. school, 25% participants were in non-govt. school and 3% participant belonged to other institution like vocational school. Among them 35.5% get access to the library and 64.0% don’t who are mainly from primary level. They are not disturbed by strengers on the way of school because a house-guide was always with them. They are not even annoyed by schoolmates because their identity kept secrate or they 96% have a good understanding with everyone. They are not even neglected or punished by the teacher as because they are CSW.

Educational in Social Structure

A section in previous chapter described how education may be looked upon as one of the institution in society, which comprises its social structure. In analyzing the social structure we look for the ways in which institutions support and influence each other. Each institution has to adapt itself to the requirements of its own environments.