Ex1.Return on education A model of human capital investment implies getting more education should lead to higher earnings In the simplest case,this implies an equation like Earnings B Beducation +u Similar studies:return to elite college Econometrics 15-Zhuxi 10Econometrics 15 - Zhuxi 10 Ex1. Return on education A model of human capital investment implies getting more education should lead to higher earnings In the simplest case, this implies an equation like Earnings  0  1 education u Similar studies: return to elite college