Abstract
INDIVIDUAL RETURNS OF EDUCATION LEVELS
It is generally accepted that the investment in education has individual and social benefits and differs according to education levels. The aim of this study is to investigate whether investing in a profession at a higher education level can yield returns by examining the professions at different educational levels according to the rate of return. In this context, officer who graduated with a bachelor's degree, non-commissioned officers with associate degrees and sergeants who graduated from high school were investigated in Turkey. The return of the education level was calculated using the internal rate of return and investment rate. The internal rate of return is calculated by the earnings and costs of the occupations. The central bank's lending interest rate was used as investment return ratio. The survey concluded that the officers had individual returns according to the non-commissioned officers, but that the non-commissioned officers had no individual returns according to the Sergeant.
Keywords
The internal rate of return, officer, non-commissioned officers, sergeant.
